Hemp, Inc. Announces Agreement with One Step Vending, Corp. for Development of Hemp Oil-Based Consumer Products
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.
"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."
Hemp, Inc. and One Step Vending, Corp. are currently collaborating on project plans, including product design, costs, timeline and legalities.
"Cannabinoid (CBD) is a natural constituent of the hemp plant and has been shown to have positive health benefits, without causing negative psychoactive effects. We believe this partnership with Hemp, Inc. will enable us to create a powerhouse on the distribution side of CBD products and allow us to meet the high demand for hemp oil-based products. Hemp, Inc. is a pioneer in the hemp industry so we have no doubt that we will be able to deliver on our goal of creating a distribution powerhouse by expanding our product mix," said Daniel Garfinkel, CEO of One Step Vending, Corp.
According to a One Step Vending, Corp. rep, a kiosk will be on display at the upcoming Hemp University educational symposium on Saturday, September 30, 2017 from 8:30am - 5:00pm. The event will be held at the Peachtree Hills Country Club, 3512 Peachtree Hills Road, Spring Hope, NC 27882. The Hemp Oil Event (The Art & Science of CBD Oil) is the Hemp University's 4th educational symposium. The almost sold out event will bring attendees up to speed on all business and scientific aspects of Industrial Hemp CBD cannabinoids by disseminating current, reliable information that continues to shape the revolutionary CBD market.
"Our strategic alliance with One Step Vending Corp. is just the beginning of a lot of great things to come," concluded Perlowin.
HEMP, INC.'S NORTH CAROLINA INDUSTRIAL HEMP HUB
Hemp, Inc.'s 70,000 square foot industrial hemp processing facility, on over 9 acres in Spring Hope, North Carolina, is the only one of this magnitude in the western hemisphere. It is indeed bound to become the mecca of this new clean green agricultural and industrial American revolution. Based on a variety of factors, Perlowin believes North Carolina is strategically positioned to be the largest hemp producing state in America by 2018. However, Kentucky and West Virginia will join this industrial hemp hub along with Virginia, Pennsylvania, New York, Tennessee, South Carolina, and Georgia. Most of these states were historically considered the hemp hub of America and will be again this time next year.
To see the video of America's largest hemp processing facility and 60-foot silo installation, click here. To see the video of the largest hemp mill in the western hemisphere, click here.