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Hemp, Inc. Purchases Hemp Decortication Equipment That Was Originally Purchased for Over $10,000,000 to be Used for Core Processing of Raw Hemp in U.S.(May 19, 2014)
LAS VEGAS, May 19, 2014 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC:HEMP) announced today that it has purchased a whole line of automated Temafa decortication equipment designed to separate the fiber from the core of the hemp plant through a process known as decortication. The Temafa decortication line of equipment, the only one of its kind in the United States, purchased by Hemp, Inc. will now enable the company to process raw hemp for American farmers into two valuable base products (fiber and hurd) that can both yield hundreds of products. The equipment is currently located at a plant in North Carolina. Hemp, Inc. is set to move the equipment to a more suitable location such as Kentucky, Tennessee, South Carolina, North Carolina, or the Georgia area. Click here to see video of the processing plant.
"This purchase of decortication equipment was a critical step in order for Hemp, Inc. to help Americans transition from non-sustainable synthetic solutions to a hemp-based green solution. We are very excited at what we'll be able to achieve once our manufacturing facility ramps its hemp production volume up over the next few years," said Perlowin, CEO of Hemp, Inc. (OTC:HEMP).
According to Hemp, Inc. executives and its Board of Directors, the purchase of decortication equipment was crucial to Hemp, Inc.'s long-term business goals, giving Hemp, Inc. a hemp presence on two continents. Hemp, Inc. (OTC:HEMP) also has contract grows of hemp in Northwest China. The first year growth test yielded over 40,000 kg of seeds and 35,000 kg of raw fiber.
Now that Hemp, Inc. has purchased the only decortication equipment of this scale in the country, executives said they are looking forward to purchasing the American farmers' hemp for processing which would allow the farmers to benefit from the move to a more sustainable, beneficial, and faster growing biomass supplied through hemp.
After meetings with business associates, including meeting one Wall Street icon in New York and an industry political group in Washington, DC last week, Bruce Perlowin, CEO of Hemp, Inc., continued on to Snow Hill, North Carolina over the weekend to visit the plant housing the decortication equipment. Up until a short time ago the Temafa decortication equipment had been in use in North Carolina for processing kenaf (Hibiscus cannabinus which is a plant in the Malvaceae family) ... a substance similar to hemp, often called Ambari Hemp and Deccan Hemp.
According to the former VP of Operations of the kenaf processing plant, "As the kenaf enters the 8 to 10-ft wide enclosed bale opener, the concealed product travels up- and downstream approximately 300 feet through a continual series of spiked rollers that remove the fiber from the core of the stock. As the fiber is separated and baled, the core is conveyed to the other side of the plant for further fiber removal from the core. The core is then stored in a 12 x 70-ft tower silo until further refined. The finished product can then be used for processes such as absorbing oil and other chemical spills or it can be milled into a powder form for use in numerous other products."
Due to the similarities of kenaf and hemp, the same equipment can process both raw materials. Appraised as "very good" condition, the decortication equipment was originally purchased for over $10,000,000. The recent purchase made by Hemp, Inc. (OTC:HEMP) not only included the machinery, but also included roughly 15 million pounds of raw and processed kenaf which can be sold to the automotive, paper, oil drilling, textile industries and as construction materials.
The kenaf was an important source of bast or cordage fibers used in the manufacturing of rope, bagging and other coarse fiber products. According to William Fakes' The Rise and Fall of Kenaf as a Fiber Crop in North Carolina, kenaf has been "evaluated in North Carolina and the Southeastern United States since 1957 as an annual source of fiber for pulping. Two types of fibers occur in the kenaf plant: bast fibers in the outer bark and short woody fibers in the thick core of pith. Both fibers can be used in making paper pulp. The kenaf would not substitute directly for wood in paper pulps but combinations of fibers from both sources could meet future demands for paper pulps in many areas of the United States."
This opens a huge opportunity for Hemp, Inc. (OTC:HEMP) to position itself as the buyer and processor of farmers' harvests. As American farmers begin to grow and cultivate hemp, Hemp, Inc.'s facility will also serve as a place to buy the harvest. With the only decorticating machinery of this size in the United States, Hemp, Inc. can process raw hemp which can be used to make paper, fabric, cellulose plastics, materials used extensively in well drilling to prevent lost circulation, material for toxic spill cleanup; and, highly insulating building products such Hempcrete, to name a few.
Hemp is one of the fastest growing biomasses on earth and the products made from it are non-toxic and biodegradable, thus its bountifulness will undoubtedly alleviate the many problems American farmers face from farming, to processing, to production, to disposal.
The first decorticator was invented in 1861, in Italy, for the decortication of hemp. It was developed to replace the labor intensive, back breaking work of separating the fiber from the hurd, the softer inner core. With over 120 years of experience in the manufacturing of fiber opening, cleaning and blending, the Temafa Machines' modular design of its decortication line will allow a flexible system concept to support the hemp decortication process.
According to the well known book, The Emperor Wears No Clothes – The Authoritative Historical Record of the Cannabis Plant, Marijuana Prohibition & How Hemp can still Save the World! by Jack Herer, "Under old methods, hemp was cut and allowed to lie in the fields for weeks until it "retted" enough so the fibers could be pulled off by hand. Retting is simply rotting as a result of dew, rain and bacterial action. Machines were developed to separate the fibers mechanically after retting was complete, but the cost was high, the loss of fiber great, and the quality of fiber comparatively low."
Bruce Perlowin, CEO of Hemp, Inc. said, "Hemp, Inc. is the pioneer of the Industrial Hemp industry. We are also advocators and educators who have promulgated for years hemp's viability as a sustainable resource. The possibilities are endless. Industrial Hemp is a burgeoning, relentless industry bursting at the seams. Its strength is in numbers and more people are demanding it as a greener alternative. Hemp, Inc. is now in the position to supply that demand. The future couldn't be more bright."
According to Perlowin, the future is also very bright for Hemp, Inc.'s subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, known as IHMMCC which is comprised of a "Community of Companies". IHMMCC has been touted as the best 'connected' consulting company in the industry. Thus far, the public companies include: Dewmar International BMC, Inc.; Resource Ventures, Inc. (REVI); Webxu, Inc. (WBXU); Greene Concepts, Inc. (LKEN); Global Links Corp (GLCO); Strategic Global Investments, Inc. (STBV); Liberated Energy, Inc. (LIBE); Hollund Industrial Marine, Inc. (HIMR); Vapor Brands International, Inc. (VAPR); and, Cloud Medical Doctor Software Corp (NSCT) which have all mutually benefitted from the network.
ABOUT HEMP, INC. (OTC:HEMP)
Hemp, Inc. (OTC:HEMP) focuses on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry, Hemp, Inc. (OTC:HEMP) is not currently involved in the cultivation or marketing of medical cannabis – not yet. (www.hempinc.com) Watch Bruce Perlowin on Bloomberg TV.
HEMP, INC.'s TRIPLE BOTTOM LINE
Hemp, Inc. (HEMP) seeks to benefit many constituencies, not exploit or endanger any group of them. Thus, the publicly-traded company believes in "upstreaming" of a portion of profit from the marketing of their finished hemp goods back to its originator. By Hemp, Inc. focusing on comprehensive investment results — that is, with respect to performance along the interrelated dimensions of people, planet, and profits — our triple bottom line approach can be an important tool to support sustainability goals.
ABOUT THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA CONSULTING COMPANY, INC.
The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) is a wholly owned subsidiary of Hemp, Inc. (OTC:HEMP) that pulls industry information from a vast network of specialists. IHMMCC is entrenched in all the multi-faceted opportunities in the medical marijuana and Industrial Hemp industry. (www.HempInc.com) Executives of IHMMCC are interviewing an additional 14 companies and expect considerably more to sign up with this network of companies in the coming weeks, and months.
ABOUT DEWMAR INTERNATIONAL BMC, INC. (OTC:DEWM)
Dewmar International BMC, Inc. is a leading provider of consumer brands to global markets. The Company's flagship product, Lean Slow Motion PotionTM whose three flavors are Yella, Purp and Easta Pink, is rated as one of the top 3 national selling relaxation beverages currently available in the U.S. market, Trinidad & Tobago, Puerto Rico and Mexico. To leverage the explosion in national popularity of both the industrial hemp and medical marijuana industry, and forecasts a strong presence in the space for the immediate and long-term future, the Company has entered into an agreement with Hemp, Inc.'s IHMMCC to create a co-branding partnership to strategically launch a series of its consumer goods that stem from the functional and nutritional components of hemp. The company has offices in Clinton, Mississippi; Houston, Texas and Las Vegas, Nevada.
ABOUT RESOURCE VENTURES, INC. (OTC:REVI)
Resources Printing & Graphics is a "Total Graphics" company with its roots in offset printing & direct mail. The company entered an agreement with Hemp, Inc's IHMMCC to publish "The Hemp Nation Magazine". According to the agreement, while Hemp, Inc. will to produce and edit all content for the industrial hemp magazine, REVI will bear responsibility for publishing the magazine. It is anticipated that hemp paper will be used for at least some of the material for publishing the magazine, including the cover. Although based in Southern California and Colorado, their production plants are located across the US and in China. Their model is simple; customer service is first, with the best quality products available and fast turnarounds. Their clients count on them for all their graphics needs, including offset printing, direct mail, promotional items, banners & posters, packaging, point of purchase, binders and more. Resource Ventures, Inc. has served customers nationwide for over 27 years and will be expanding into the international market. Resources Printing & Graphics is in the early stages of their new online print and graphics website "WikiClickPrint.com". Customers simply upload their artwork to the site or use templates to create unique graphics. The Company is well positioned for significant future growth. (www.resourcesprinting.com)
ABOUT CLOUD MEDICAL DOCTOR SOFTWARE CORPORATION (OTCQB:NSCT)
Cloud Medical Doctor Software Corporation (Cloud-MD) (OTCQB:NSCT), trades on OTCQB, the venture stage marketplace for companies that are current in their reporting with a U.S. regulator (SEC). With the help of Hemp, Inc.'s IHMMCC, Cloud-MD expects to bring a new level of professional encryption security and inventory management solutions to the Hemp and Medical Marijuana Industries. Investors can find Real-Time quotes and market information for the Company on http://www.otcmarkets.com. For further information about Cloud Medical Doctor Software Corporation go to http://www.cloud-mds.com or email@example.com.
ABOUT HOLLUND INDUSTRIAL MARINE INC. (OTC:HIMR)
Headquartered in Blaine, WA, Hollund Industrial Marine Inc. (OTC:HIMR) seeks to align the interests of businesses, communities, utilities and governments by offering an integrated business model for underwater forest management. Per an agreement with Hemp, Inc.'s IHMMCC, IHMMCC will advise Hollund on a market strategy focusing on nations with progressive legislation on hemp cultivation, that also have viable underwater timber projects -- such as Panama, France, Canada and China. Hollund's model -- including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for its shareholders, partners and reservoir based communities. (www.hollundindustrial.com)
ABOUT LIBERATED ENERGY, INC. (OTC:LIBE)
About Liberated Energy, Inc. Liberated Energy, Inc. is a growing alternative energy company seeking to reduce the purging of our planet's resources by bringing patentable and, more importantly, affordable ideas to the marketplace. After entering into an agreement with Hemp, Inc.'s IHMMCC to help Liberated Energy, Inc. market and distribute their alternative energy products in the Industrial Hemp and Medical Marijuana industries, IHMMCC facilitated the largest order, to date, for Liberated Energy, Inc.'s (OTC:LIBE) Guard Lite Security Lighting System, less than one week after its strategic partnership. The order was for twenty (20) lighting units which created revenue for Liberated Energy, Inc. For more information on Liberated Energy, Inc., visit www.liberatedenergyinc.com.
ABOUT STRATEGIC GLOBAL INVESTMENTS (OTC:STBV)
Strategic Global Investments is a company engaged in developing the two primary sectors of the business; providing various venues to reach the client's target audience with on demand programming or advertising through Wazillo.com and WazilloMedia.com and creating a considerable position in the emerging marijuana industry. WazilloMedia.com is involved in the production of videos for customers and consumers permitting the use of the Company's state of the art studios to produce their own videos and the use of a website where subscribers can make available live, streaming video for their potential audience. The company entered into an agreement with Hemp, Inc.'s IHMMCC to develop a larger network of business relationships, enhance its sales and marketing tactics, public communications, public partner company ventures, and receive general industry specific guidance. Strategic Global will also provide video production and professional video development, and online streaming for Hemp, Inc. as well as make services available to other Hemp, Inc. and IHMMCC clients through their high tech studios in San Diego and their collaboration with Emmy Award winning Soapbox Multimedia, Inc. The Company produces Internet content, taped video shows, in their state-of-the-art studios in San Diego, California, where the productions can be stored and replayed on Demand 24/7 through the Company's cutting edge Content Management System. For more information visit its website at: www.strategicglobalinvestments.com.
ABOUT WEBXU, INC. (OTC:WBXU)
Webxu, Inc. is a media company that develops branded consumer Websites and acquires and integrates consumer-oriented businesses in the customer acquisition and e-commerce categories. The company also provides marketing solutions for online businesses, media agencies, and marketers. By working with Hemp, Inc.'s IHMMCC, Webxu will be able to expand its reach and provide ongoing services in the areas of online web development and advertising initiatives for businesses in the Industrial Hemp and Medical Marijuana industry. Webxu was founded in 2010 and is based in Los Angeles, CA. For more information about Webxu, visit http://www.webxu.com.
ABOUT GREENE CONCEPTS, INC. (OTC:LKEN)
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is an ink technology Manufacturing and Distribution Company headquartered in Fresno, CA. Chairman and Founder Lenny Greene has spent the past 30 years serving the printing needs of businesses and consumers. By joining forces with Hemp, Inc.'s IHMMCC, LKEN expects to bring additional sources of hemp-based products, including hemp-based ink, hemp paper and related products, to its hemp-centric website, The Hemp Exchange (http://hemp-x.com). Greene Concepts intends to be the catalyst for the introduction of a number of innovative products and marketing strategies, including its announced hemp-centric website, and to bring the world the best products at the lowest prices so consumers and business can save time, save money, print more and print better.
ABOUT GLOBAL LINKS CORP. (OTC:GLCO)
Global Links Corp. is a holding company committed to exploring business opportunities in emerging industries. The company now has three subsidiaries, one of which is Hemp Life Today, a growing online source for industry information and branded products related to Hemp and Medical Marijuana. The company signed an agreement with Hemp, Inc.'s IHMMCC in which both companies will work together to introduce and sell specific hemp products on Hemp Life Today's website as part of the revenue sharing agreement. For more information on Global Links Corp, please visit www.globallinkscorp.com or visit http://www.hemplifetoday.com.
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