Hemp Inc (HEMP)

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Hemp, Inc.'s IHMMCC Signs Agreement With VaporBrands, International

LAS VEGAS, NV--(Marketwired - Nov 5, 2014) -

Hemp, Inc.'s (PINKSHEETS: HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), is pleased to announce that it has signed a consultant agreement with VaporBrands International, Inc. (PINKSHEETS: VAPR), a leading company focused on the development and ownership of electronic cigarette brands. Per the Consultant Agreement, IHMMCC will provide product distribution, professional sales and marketing services, and sales representation for VaporBrands to the medical marijuana and industrial hemp industries, as well as source partnerships for international expansion and other traditional channels of distribution.

The much-anticipated collaboration between the two companies is off to a good start, according to Bruce Perlowin, CEO of Hemp, Inc. (PINKSHEETS: HEMP). "The goal is to further establish partnerships for VaporBrands to help internationalize their reach and presence."

The consultant agreement signed on October 29, 2014 between Hemp, Inc.'s Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) and VaporBrands International, Inc. would assist VaporBrands International with the development and distribution of specialized marijuana vaporizing products with products to be sold, primarily, through existing medical marijuana dispensary networks and traditional outlets for electronic cigarettes in the non-medical cannabis market outlets.

Hemp, Inc. CEO, Bruce Perlowin commented, "We believe the future of the industry lies in electronic cigarettes with infused hemp oil high in cannabidiols (CBDs). There have been many companies with success in launching hemp oil electronic cigarettes so it's definitely a very viable product."

Perlowin contined, "E-cigarettes have triggered a fierce debate among health experts. Of course, proponents say they are a safer alternative to tobacco and in our opinion it is, which is why we believe the future wave will be hemp oil rich in CBDs. The media is a feeding frenzy... touting it as an extremely healthy product in an industry bound for success. Our experience in the industrial hemp and medical marijuana industry and VaporBrands' expertise in the e-cig market is bar none so we are looking forward to a thriving partnership."

Wendy Haviland, CEO of VaporBrands International, Inc. said, "We are excited to finally team up with Hemp, Inc. Their vast pool of resources and connections in the industrial hemp and medical marijuana industries are invaluable and the medical marijuana industry will not subside despite recent election results."

While Florida did not pass Amendment 2, according to United for Care, a campaign run by People United for Medical Marijuana (PUFMM) in Florida, "the idea that marijuana is medicine and that those suffering and in pain should not be made criminals, received a larger share of the vote than the winner of the last six gubernatorial elections (if over 56) and every presidential campaign in Florida for decades."

Regarding the new partnership with Hemp, Inc.'s IHMMCC, Haviland went on to say, "This partnership between two well-known, established brands and leaders in our respective industries comes at a time when these industries are on the verge of exploding with huge economic opportunities. We are excited to have Hemp, Inc. as our partner and are proud to welcome them to be associated with us."

According to Hemp, Inc. CEO, Bruce Perlowin, IHMMCC has created a one-stop-shop for industry information, education, products and services, research and development, marketing, and channels of distribution for the industrial hemp and medical marijuana sector...which is what attracted VaporBrands International, Inc. to Hemp, Inc. Click here to see the reports of yesterday's medical marijuana election results from USA Today.

"This strategic alliance is an extension of VaporBrands' marketing strategy. By working with us, we expect VaporBrands International to gain significant global market share by delivering an integrated superior quality line of e-cigarettes. This is just the beginning of a lot of great things to come," concluded Perlowin.

http://www.otcmarkets.com/stock/HEMP/news/Hemp--Inc--s-IHMMCC-Signs-Agreement-With-VaporBrands--International?id=90914&b=y