Business
Hemp, Inc. Announces Agreement with One Step Vending, Corp. for Development of Hemp Oil-Based Consumer Products
Hemp, Inc. Announces Agreement with One Step Vending, Corp. for Development of Hemp Oil-Based Consumer Products.
About this update from Metawells Oil & Gas Inc.
[{"type":"text","content":"\n \n \n Hemp, Inc. Announces Agreement with One Step Vending, Corp. for Development of Hemp Oil-Based Consumer Products\n \n \nHemp, Inc. Announces Agreement with One Step Vending, Corp. for Development of Hemp Oil-Based Consumer Products\n \n SPRING HOPE, NC--(Marketwired - Sep 21, 2017) - Hemp, Inc. (OTC PINK: HEMP) is pleased to announce that it has signed an agreement, formalizing a venture with One Step Vending, Corp. (OTC PINK: KOSK), a holding company focused on the acquisition of market-changing and disruptive business models, with an emphasis on the self-serve vending market. Per the agreement, Hemp, Inc. will create unique hemp oil-based consumer products specifically for sale through One Step Vending, Corp.'s approved, existing micro markets, or kiosks around the country. Hemp, Inc., a global leader in the industrial hemp industry with the largest hemp processing facility and mill in the western hemisphere, will also provide general industry specific business guidance at the public level to One Step Vending, Corp.\n \"One Step Vending, Corp. is bringing real business solutions to the vending industry with its micro-markets that are displacing traditional vending machines. We are excited to create unique hemp oil-based products specifically for One Step Vending, Corp. and providing our expertise in producing and manufacturing both industrial and consumer hemp oil-based products,\" said Bruce Perlowin, CEO of Hemp, Inc. \"Ultimately, this partnership will lead to increased consumer access of hemp oil-based products via self-serve kiosks in corporate offices around the country. This is a very unique distribution channel that will contribute to the exploding CBD market which is expected to hit $2.1 billion in consumer sales by 2020. By Hemp, Inc. being entrenched in the industrial hemp sector, with the largest operational multipurpose industrial hemp processing facility in the western hemisphere, we have the ability to accommodate consumer demand as the CBD market explodes. Thus, there are huge economic opportunities for One Step Vending, Corp. and Hemp, Inc.\"\n Hemp, Inc. and One Step Vending, Corp. are currently collaborating on project plans, including product design, costs, timeline and legalities.\n \"Cannabinoid (CBD) is a natural constituent of the hemp plant and has been shown to have positive health benefits, w...