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Hemp, Inc. Announces Prominent Media Coverage of Recent Bull Run by Insider Financial
GlobeNewswire•January 9, 2018
SPRING HOPE, NC, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest hemp mill in the western hemisphere, announced today that Insider Financial covered the Company’s recent market growth in the month of December 2017 -- taking note of the Company’s five-pillar infrastructure in a Jan. 5 article titled, Hemp, Inc. (HEMP) Is Now At The Recovery Stage.
The Insider Financial article states that Hemp, Inc. “... has been enjoying a bull run over the past month,” noting that the Company closed out December 2017 with a 150 percent increase in share price from the beginning of the same month. Highlighting the Company’s revamped website, the article recognizes the Company’s strides toward enhancing communication with the public and its shareholders. Hemp, Inc. currently posts its financial disclosures on its website instead of on OTC markets as done previously.
“We take every opportunity possible to inform the public and our shareholders about the most up-to-date happenings at Hemp, Inc.,” said Hemp, Inc. CEO Bruce Perlowin. “This article recognizes the effort we have put forth to have our hemp mill become operational and to build out our five-pillar infrastructure, which is crucial to our mission to support hemp farmers nationwide.”
The article concludes, “HEMP is working hard at ensuring they succeed. This has paid off quite well for them. We expect that they will keep growing into the future thus remain bullish about them.”
To read the Insider Financial article, click here.
About Hemp Inc
With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.
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“We are excited to be full speed ahead with the first purchase order for our Drillwall. We have entered into a long term supply agreement with this distributor,” said David Schmitt, COO of Hemp, Inc.’s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC (IHM). “Additionally, we also received another purchase order for a truck load of our Kenaf fiber to be shipped to a company in New Jersey. Both of these orders will ship early 2018.” Because of mutual non-disclosure agreements in place, and the description above, Schmitt is unable to disclose the purchasers of these orders.
According to Schmitt, IHM has already hired additional personnel to increase work shifts. By the end of this month, the company expects to be running a second shift. “The new additional personnel are being trained to run our milling operation as well as our CBD extraction equipment. Just to meet demand, we will need to have shifts around the clock, 24/7, by the end of the second quarter.
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SPRING HOPE, NC, Jan. 04, 2018 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry, with the largest multi-purpose industrial hemp processing facility in the western hemisphere, today announced its marketing division. Hemp Division Five, is in full swing as it prepares to ship its first two purchase orders of Drillwall and Kenaf fiber. The Drillwall order will be shipped to a company in the Permian Basin, in Texas. (The Permian Basin, a sedimentary basin largely contained in the western part of Texas and the southeastern part of the New Mexico, is one of the most prolific oil and gas producing regions in the country.)
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https://finance.yahoo.com/news/hemp-inc-marketing-division-full-091537713.html?.tsrc=rss
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