Business

Hemp, Inc.'s 2015 Year in Review & What's Next for 2016

Hemp, Inc.'s 2015 Year in Review & What's Next for 2016.

articleHemp, Inc.January 14, 20165/company/hemp-inc/news/hemp-incs-2015-year-in-review-and-whats-next-for-2016
Hemp, Inc.'s 2015 Year in Review & What's Next for 2016

About this update from Hemp, Inc.

[{"type":"text","content":"\n \n \n Hemp, Inc.'s 2015 Year in Review & What's Next for 2016\n \n \nHemp, Inc.'s 2015 Year in Review & What's Next for 2016\n \n LAS VEGAS, NV--(Marketwired - Jan 14, 2016) - Hemp, Inc. (OTC PINK: HEMP): With the 2014 Agricultural Act (known as the Farm Bill) making year 2014 notable and celebrated, 2015 proved to be a year of record-setting, transformative strides within the industrial hemp industry. Laws governing industrial hemp continued to evolve in more and more states, and opportunities began to unfold over the course of the year.\n Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP), said, \"Awareness of hemp has increased tremendously, thus becoming a more sought after resource. But we still have to keep educating the public on the difference between hemp and its cousin, marijuana, and the astounding benefits of hemp. Hemp, Inc. is on the forefront, leading the way. Our multipurpose decortication plant is nearing completion, thereby positioning Hemp, Inc. years ahead of anyone else processing industrial hemp on a large, commercial scale in America.\"\n David Schmitt, COO of Hemp, Inc.'s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC, highlighted the company's accomplishments with its multipurpose decortication plant in Spring Hope, North Carolina. During 2015, Hemp, Inc. achieved the following:\n \n \n Completed moving the Temafa Line, the Mactavish Line, the mill and silo, and millions of pounds of Kenaf from Snow Hill, North Carolina to its 70,000 square-foot facility, on 9 acres, in Spring Hope, North Carolina\n \nInstallation of security fencing\n \nInstallation of surveillance cameras throughout the facility\n \nObtained all necessary permits to begin reassembling the multipurpose decortication line\n \nInstallation of new LED lighting in the manufacturing area of the plant\n \nTemafa decortication line assembled, as well as rebuilding most of the components\n \nInstallation of cable trays throughout the facility for all electrical wiring\n \n3-Phase power routed to the plant from Duke Energy\n \nAccess road for Duke Energy built\n \nInstallation of new fencing and security gate at access road\n \nInstallation of new 1500 KVA transformer\n \nPurchased and installed new disconnect per National electrical code\n \nPurchased and installed new switchgear\n \nInstallation of all electrical panels...

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