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The 24 month uptrend is in effect.
Lows are lower, and the highs ever so slightly higher.
Pull up the chart. With eyes, anyone can see.
I guess we can say a strong wall in the .045-.05 range, but that will get demolished in succeeding quarters with strong sales. Then we have to keep a watch on MERGER MADNESS, and a plethora of other news, like Puerto Rico, Florida, new contracts, new products...
$1.5 Milly in one quarter? Just a start. The 50% quarterly growth turns out to be teeny-tiny all of a sudden, though 50% on $1.5M ain't too shabby either.
2 milly, 3 milly, 4 milly, BUNCH! Daylight come, and me wanna GO HEMP!
How about we talk more about the 24 month uptrend this summer, coolies?
HEMP in 24 month uptrend.
HEMP $1.5M in one quarter, far exceeding the 50% quarterly growth rate in prior quarters.
Yep, nothing wrong with the share structure under current circumstances.
Or, I should say, "historical circumstances". Bruce had to unload a lot of shares to build out the infrastructure. It's what you'll find within the fins as "stock issued for services". That all changed beginning 2019, and here we are now, almost 5 months since Trump's signature hit the bill.
For example, at today's price, Hemp's equity value is modestly above $100M. Ok, seems like a lot, but let's do the math.
4,551,373,511 x $0.0235 = $106,957,277.51
Again, seems like a lot. $100M is a lot of "today's value" in share equity.
But! Let's look closer.
I mean, $3.4B is like 31x HEMP's stockholder equity, and 170x Mkt Cap.
A share buyback is going to help lift and support the price. It's a good mechanism, and strong message that the company believes in its future. If the price goes up, great. Hemp can keep buying on the way up, which will likely tapper-off once things start to take course.
Funny, cause some wanna think Bruce is doing himself favors by unloading more stock, but it doesn't. Diluting hurts the PPS, no doubt. But Bruce also owns 31% of the company, and, as majority shareholder, doesn't want to see his stock value drop anymore than we do. He is working to make it go up a far as possible, but, in the interim, has to finance through selling shares.
Again, now with Hemp off the federal scope, companies like Hemp Inc and their customers are going to have a heck of an easier time producing industrial hemp. Remember when it was almost impossible to bring seed into the state? Now seeds go coast to coast, and the banks will help get it there.
Not going to see a R/S, unless it's a tactic to up-list.
Let's get the SEC thing out of the way, then see how that changes Bruce's persona. Stigmas are stigmas. Nothing so far...
Yeah, audits don't take 3+ years
Big difference....
Lol
Some are saying free audit to conclude in May
Can't remember where I read that, maybe facebook?
Lol
MERGER MADNESS
That is what the media is saying is currently going on in the cannabis industry.
HEMP pumping out MILLIONS in sales per quarter, 1800% growth, probably going to draw some attention...
The big boys are all lining up, one by one.
Wanna get a check---16M share traded at open?
I am seeing 16M shares moved either this morning.
Or maybe a glitch on my end, just trying to confirm.
TIA
Expenditures DECELERATING. Assets UP!
And those few extras billion shares get gobbled in an merger, instantly.
Oh, yes... the "Special K" theory. I remember it well. Prophesied by the long forgotten, wrong-call Alan Brochstein. It didn't mean anything back then, and it doesn't mean anything now. All it means is Bruce will have collateral to retain control over this company as it continues to expand.
10 billion might not be enough?
The fins are moving in a healthy direction, albeit with a giant upfront investment. But that's what it takes to be overlord of the supply chain. Everyone wants to be overlord of cannabis supply chain. Bruce is one of few actually doing it.
Every public company posts their public disclosures on their own dedicated website, HEMP no exception. Free SEC audit almost over, some say in May.
https://www.hempinc.com/wp-content/uploads/2019/04/Hemp-Inc-2018-Annual-Report.pdf
lol... wall street too slow
WHO'S GONNA PROCESS ALL THE HEMP?
HEMP INC -- CBS NEWS
https://ktvl.com/features/in-the-weeds/hemp-university
https://www.cbs17.com/news/local-news/nc-hemp-processing-facility-is-largest-in-western-hemisphere/1103849580
HEMP INC -- NBC NEWS
https://kobi5.com/news/top-stories/hemp-inc-holds-first-west-coast-educational-seminar-in-ashland-98655/
https://kobi5.com/news/hemp-the-burgeoning-industry-of-southern-oregon-92209/
HEMP INC -- ABC NEWS
https://www.abc15.com/news/state/farmers-could-plant-hemp-in-arizona-fields-this-summer-if-bill-passes
HEMP INC -- WASHINGTON TIMES
https://www.washingtontimes.com/news/2018/dec/11/senate-passes-867-billion-farm-bill/
HEMP INC -- FORBES
https://www.forbes.com/sites/andrebourque/2019/03/25/how-hemp-is-giving-renewed-life-to-americas-tobacco-farmers/#434da3f84726
https://www.forbes.com/sites/andrebourque/2018/12/17/how-hemp-and-the-farm-bill-may-change-life-as-you-know-it/#4f98a6a8694c
HEMP INC -- CRAINS
http://www.crains.com/article/news/north-carolina-growers-are-betting-hemp
HEMP INC -- FOX BUSINESS
https://www.foxbusiness.com/small-business/hemp-ceo-thanks-to-farm-bill-the-hemp-revolution-will-now-be-made-in-america
HEMP INC -- THE BUSINESS JOURNAL
https://thebusinessjournal.com/farm-bill-talks-invigorate-hope-for-hemp-in-the-valley/
HEMP INC -- COLORADO SPRINGS INDEPENDENT
https://www.csindy.com/coloradosprings/hemp-incs-new-product-makes-oil-drilling-a-bit-more-eco-friendly/Content?oid=14668202
HEMP INC -- SPECTRUM NEWS
https://spectrumlocalnews.com/nc/triangle-sandhills/news/2018/09/02/carolina-hemp-festival-educates-public-about-many-uses-of-hemp
HEMP INC -- ROCKY MOUNT TELEGRAM
http://www.rockymounttelegram.com/News/2018/07/28/Area-hemp-plant-inks-new-distribution-deal.html
HEMP INC -- THE WILSON TIMES
http://www.wilsontimes.com/stories/raising-hemp-a-lucrative-but-risky-business-endeavor,152622
http://wilsontimes.com/stories/carolinas-next-cash-crop,155136
HEMP INC -- CARRIBEAN BUSINESS
https://caribbeanbusiness.com/industrial-hemp-sustainable-economic-development-for-p-r/
HEMP INC -- KDKA RADIO
https://kdkaradio.radio.com/media/audio-channel/hemp-farming-act-2018
HEMP INC -- THE OREGONIAN
https://www.oregonlive.com/politics/2018/12/oregon-hemp-industry-poised-for-big-growth-after-feds-sign-off.html
HEMP INC -- MASS LIVE
https://www.masslive.com/news/2018/12/the-federal-government-is-about-to-legalize-hemp-what-does-it-mean-for-massachusetts.html
WATCH---HEMP INC GROWING, PROCESSING, & SHIPPING HEMP
https://www.facebook.com/KingOfPot/videos/pcb.10217128448259788/10217128456099984/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10217128448259788/10217128479380566/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944817629137/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944827509384/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944846109849/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216937472445512/10216937468805421/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216937472445512/10216937479325684/?type=3&theater
https://www.facebook.com/KingOfPot/videos/10216341909436809/
https://www.facebook.com/KingOfPot/videos/10216335888526290/
https://www.facebook.com/KingOfPot/videos/10216330020819601/
https://www.facebook.com/KingOfPot/videos/pcb.10216154785518828/10216154816239596/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216102687736416/10216102686136376/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216196627844860/10216196635405049/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216040924112364/10216040917992211/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10215806930262664/10215806932622723/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10215568627025232/10215568648105759/?type=3&theater
TOURING POTENTIAL MASSIVE HEMP-HUB IN PUERTO RICO
https://www.facebook.com/KingOfPot/videos/10216757569348047/
https://www.facebook.com/KingOfPot/videos/10216757588108516/
https://www.facebook.com/KingOfPot/videos/10216476607324172/
https://www.facebook.com/KingOfPot/videos/10216469874395853/
TOURING POTENTIAL MASSIVE HEMP PROCESSING FACILITY IN CENTRAL FLORIDA
https://www.facebook.com/KingOfPot/videos/10216659709101602/
'HEMP UNIVERSITY', SATURDAY, MARCH 23RD, MEDFORD, OREGON
https://www.thehempuniversity.com/
https://www.facebook.com/KingOfPot/videos/pcb.10217141800193578/10217141853834919/?type=3&theater
NORTH CAROLINA INDUSTRIAL HEMP REGISTERED PROCESSORS (APRIL 2019)
https://www.ncagr.gov/hemp/documents/IHProcessorList4_1_19.pdf
Unequivocally clear, Hemp Inc heading toward mass world-wide production of industrial hemp in United States.
I don't know how some could think otherwise, even though HEMP INC has been unquestionably the #1, 2, and 3 promoter of hemp and cannabis for DECADES.
GUY EVEN DID TIME FOR THIS MISSION. MANDELA?
Think about it. No one else on earth knows where this plant has been, and where it can go.
Bruce Perlowin.
Hemp.
Decades in the making.
This is where Bruce goes into high gear.
The infrastructure is almost there.
Think about it. You ever see Price is Right? Plinko?
Well, the game is to get your disk down a shoot of pegs and arrive at a podium where your prize awaits.
In this case: the DISK is HEMP, the PEGS are the SUPPLY CHAIN, and the Prize is BILLIONS AND BILLIONS of dollars.
See, HEMP INC setting the PEGS. When HEMP INC disk drops, and PEGS in position, the cookie to profits are funneled to one place and one place only
Almost the last PEG in place... then... then...
FLOODGATES
Revenue is being generated.... millions, in fact.
Share structure is an ongoing non issue. Restructuring happens fast, and M&A's occuring all around.
Decorticator in HEMP's possession, not in competition's hands.
SEC case still no evidence, so doors still open for business.
K, bud, let us know what you find, thx.
LOL, I see some copy and paste my posts from here to Yahoo...
Full disclosure, I don't post over there... I lurk...
Looks like the competition spreading rumors wherever they can.
Meanwhile, HEMP INC MAKING $1.5 LAST QUARTER, an impressive 1000% increase.
This was your statement: QUOTE
What are you talking about?
Someone sued Hemp Inc?
Ok... who?
Who sued Hemp Inc and was awarded $630,000 in consent decree?
Something so important no one reported on?
Let's see some facts!
But, but we were told HEMP would die
Once the report was filed.
Well, it was filed. And HEMP still going strong.
MORE revenue.
MORE inventory.
MORE receivables.
MORE awards.
MORE customers.
MORE farmers.
MORE HEMP.
Less expenditures.
Year over Year. It's there, all for the public to see.
Decorticator's there. Pallets there. Truckloads there.
$1.5 MILLION IN ONE QUARTER, BEFORE HEMP FEDERALLY LEGALIZED.
"Out of business" must be looking at another business.
Once FREE SEC AUDIT is over...
HEMP INC FRONT AND CENTER.
FLOODGATES
Not a problem.
Page 13. NET INCOME
Now answer this, which number is greater than the other: 38 or 39?
So, did losses increase or decrease?
It's all there for the public. Page 13.
Now, if youre able, did assets go up or down?
Carl's Jr. to sell a $4.20 burger infused with CBD on 4/20
The 'Rocky Mountain High CheeseBurger Delight' will feature two beef patties, pickled jalapenos, pepper jack cheese, waffle fries — and about 5 milligrams of CBD.
April 17, 2019, 9:56 AM CDT
By Amelia Lucas, CNBC
Carl’s Jr. is adding something special to its signature sauce.
The restaurant will test a CBD-infused burger at one of its Denver locations for one day only: April 20, the unofficial holiday for cannabis enthusiasts.
The limited-time offer makes Carl’s Jr. the first national fast food chain to add CBD-infused food to its menu. In another nod to the marijuana holiday, the burger will sell for $4.20.
The burger chain’s Rocky Mountain High: CheeseBurger Delight features two beef patties, pickled jalapenos, pepper jack cheese, waffle fries — and about 5 milligrams of hemp-derived CBD extract in the burger chain’s Santa Fe Sauce.
Proponents claim that CBD, a non-psychoactive compound found in hemp and marijuana, can help with anxiety and pain relief, among other ailments, although little scientific research has been done to back up those assertions.
There is also a lack of agreement about dosage, particularly when CBD is added to food. Compared to its close cousin marijuana, hemp contains less THC, the psychoactive chemical in cannabis. So Carl’s Jr.’s burger is unlikely to get you high.
Most products that contain CBD became legal in December when President Donald Trump signed the farm bill. However, chefs eager to cook with the ingredient have had to operate under the radar because the Food and Drug Administration prohibits adding CBD to food and beverages. The agency will hold its first public hearing next month to decide how it will regulate CBD.
In the meantime, local health departments across the country have been cracking down on restaurants that sell on CBD-infused food and drinks.
The choice to debut the burger in the Mile High City is no mistake. Colorado was one of the first states to legalize recreational marijuana. As a result, cannabis is one of the state’s fastest-growing industries. Last year, the state’s medical and retail dispensaries sold $1.55 billion of marijuana, according to Colorado’s marijuana sales report.
The limited-time offer not only puts Carl’s Jr. ahead of the competition but also on par with those in fine dining chasing the craze. Professional chefs named CBD- and cannabis-infused food and beverages as the top food trend for 2019 in a National Restaurant Association survey.
Carl’s Jr. might be willing to take the plunge because unlike McDonald’s, Wendy’s or many of its other rivals, the chain is not publicly traded. Roark Capital Group, the same private equity firm that owns Sonic, Arby’s and Buffalo Wild Wings, also owns Carl’s Jr.
Source: https://www.nbcnews.com/business/consumer/carl-s-jr-sell-4-20-burger-infused-cbd-4-n995426
HEMP INC 4 QUARTERS OF REVENUE GROWTH
ALMOST $1.5M IN ONE QUARTER ALONE (Q4)
ALL PRIOR TO INDUSTRIAL HEMP BEING REMOVED FROM LIST OF CONTROLLED SUBSTANCES.
Stock issued for services.
It's not unheard of. Actually, it's common practice.
Also, Assets of $21 million would take nearly a billion shares at today's value.
Also, we need to factor in the labor, overhead, utilities, taxes, and many other costs involved to developing a nationwide business.
Also, there are about 300,000 HEMP common shareholders, so the net loss spread over the shareholder basis is about $125 per shareholder. Call it a subscription until the wheels start rolling... and they are.
I'm sure some have sold at a loss, but not everyone. Some flipping. Some Dipping. Some riding dead cats. Some probably were scared off... "weak hands"? Some like noisy volume, and the shake.
Lastly, the stock issued for services usually has a hold date, and there is no knowing what price they are being sold at, unless a broker/dealer or someone knows something the public doesn't.
The losses are declining, Gailm. Even better...
1800% ANNUAL SALES INCREASES (with Farm Bill signed only 11 days left in 2018)
SALES INCREASING. EXPENSES DECREASING.
It's going to be the trend for quite a while. Bruce publicly stated the infrastructure is almost there. What happens when the expense to develop the infrastructure is no more? Poof. Just sales. And sales just keep growing.
Correction: Total assets nearly $21M; $11M in PP&E.
Earlier, I posted:
Approx $1.5M sales in Q4!
Hemp Inc ended Q3 with just under $500,000 in sales to date.
With year-end sales almost reaching $2M, that would mean Hemp Inc did nearly $1.5M IN ONE QUARTER!
Whoa, boy, did somebody say FLOODGATES?!?
Settle Lawsuit (630,000)
SEC case? Anyone?
Total assets over $13M; $11M in PP&E.
An increase in both line items over prior year's report.
Slight increase to Cash EoP. Slight decrease to Net Loss, compared to prior year.
Hemp Inc annual sales increase by 1800% over prior year.
Almost $2 Million in Sales in 2018!
HEMP INC 2018 FINANCIAL REPORT
https://www.hempinc.com/wp-content/uploads/2019/04/Hemp-Inc-2018-Annual-Report.pdf
OTC Markets = Pay to Play
Hemp Inc officially established August, 2012.
That is only 7 years, and 6.5 of those years were without industrial hemp being removed from list of controlled substances. Let's not bend the facts.
The industry is just beginning to navigate towards large-scale, nationwide production.
Gotta keep up with production to keep Walgreens, CVS, and Rite Aid satisfied. Wouldn't want a cutoff in the supply chain.
FLOODGATES
IOWA COMING ON BOARD THE HEMP TRAIN?!
Iowa Legislature Passes Hemp Bill
Monday, the Iowa Senate voted 49 to 1 to advance legislation to authorize the growing of industrial hemp. Iowa Farmers Union members back the measure. President Aaron Lehman says it would give producers another crop they could grow.
He says if the full measure is approved and signed producers need to be cautious before growing the crop and make sure they have a marketing outlet available.
Lehman says even though industrial hemp was legalized in the last farm bill, there’s still details that need to be worked out nationally for it to work going forward.
Neighboring states have been taking up the industrial hemp issue. Nebraska state lawmakers are currently considering their own hemp bill. South Dakota lawmakers passed a bill which was vetoed by the Governor. Now a summer study committee will take a deeper look at it.
Source: https://wnax.com/news/180081-iowa-legislature-passes-hemp-bill/
MEETING NOTICE - NCIHC
Tuesday, April 16
2 p.m.
The Industrial Hemp Commission will hold a public meeting via conference call to review and approve research pilot program applications.
Access to the conference call can be made at http://go.ncsu.edu/industrialhemp or by calling 1-929-205-6099 (U.S. toll) or 1-669-900-6833 (U.S. toll). The meeting ID is 210-723-242. Participants will be prompted to enter their name and email address to enter the meeting via the website or prompted for a unique participant ID for the call. They should press # to access the call.
For meeting questions, contact Beth Farrell at 919-707-3014.
Fee - fi - fo - fum
I smell the blood of the competition.
HEMP marching. Competition crumbling... burning, like a cathedral.
The 'here' is NOW. And it's all about hemp. 2019 will be year #1. But it won't stop there. It CAN'T stop there.
Who is winning awards and constructing greenhouses?
Who? Who?
HEMP INC
Who built this industry?
HEMP INC
Who opened the FLOODGATES?
Competition TREMBLING. Bloodthirsty for the 10K.
What will it be? It doesn't matter. Good news, bad news, the competition will just imagine the next fantasy. "Hemp Inc sells props for bus tours of Death Valley."
But more acres coming. More greenhouses coming. And that means more REVENUE coming. Farmers seeing hemp as better than bean and corn. WOWZERS!
Hemp Inc, a bi-coastal, largest decorticator, multi-purpose industrial hemp sourcing, processing, and distribution company.
Im not expecting anything overly impressive in the 10K. That stuff is all 2018. Future earnings is more realistic, now with industrial hemp deregulated. Still some work to do ahead. But the gates are opening. BILLIONS AND BILLIONS of sales to be made.
As the competition looks for excuses
Hemp Inc paving the way to industrial hemp victory.
Network of farmers well into the tens of thousands of acres. Multiple states. And growing.
Decorticator in VERY GOOD condition, safley stationed and ready for critical mass.
24 MORE GREENHOUSES coming to Oregon.
CVS, Walgreens, Rite Aid... who's next?
Seeds goes in the ground any day. Some probably in the ground already. First federal-safe harvest coming up FAST. NO STOPPING IT.
The cut is deep for some.
The 10K should show that progress has been made.