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Re: Crypto__1 post# 302852

Monday, 04/16/2018 10:56:32 AM

Monday, April 16, 2018 10:56:32 AM

Post# of 312736
$HEMP CBS 17 news reporter, Amy Cutler, was on location at Hemp, Inc.’s Spring Hope processing facility. CBS 17 stated, “While hemp and marijuana are the same species, hemp has a negligible amount of THC, meaning it won’t get you high. Truckloads of kenaf and hemp have become the norm at HEMP Inc.’s processing facility in Spring Hope. Perlowin said four years and $20 million later, it’s become the largest hemp processing facility in the Western Hemisphere. Perlowin and his crew showed CBS 17 around the processing facility, explaining how different strains of hemp are used.”

"It shreds it up into very small particles, smaller than one inch. From there it exits up the incline conveyer and drops into the first stage of our milling operation,” said David Schmitt, COO of Hemp, Inc.’s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC. Schmitt said that a larger particle size is used for absorbing oil following a spill. "We're just making a handful of products here out of hemp. There are over 25,000 products that can be made from hemp.”

Fourth generation farmer Tony Finch was also interviewed at Hemp, Inc.’s industrial hemp processing facility. "We had kind of been pushed back out of tobacco contracts, so we were needing another crop to make money, to stay in the farming business,” said Finch.

Perlowin concluded the interview by applauding Senator Mitch McConnell’s call to have hemp removed from the list of controlled substances. When asked his thoughts on McConnell introducing the bill to legalize hemp, Perlowin said, "It'll be a boon for North Carolina, it'll be a boon for America.” To watch the CBS coverage of Hemp, Inc. “NC hemp processing facility is largest in western hemisphere,” click here.

Nothing I say, post, or do should ever be considered financial advice. I may be holding a long, short or no position. I am NOT or NEVER have I been compensated to post on here or anywhere and all my posts are for entertainment purposes only.

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