Tuesday, October 22, 2019 5:39:52 PM
From what I can see, they will be setting up a CBD oil extraction lab and making the base material for the plastic pellets from hemp and kenaf. I think the Loss Circulation Material and Spill Be Gone might be there too. Not sure.
From The Press Release Article:
EXPANSION: The CEO said Hemp Inc. will expand as the industry ramps up. “You cannot grow hemp anywhere in America without having a processing center,” he said, adding that experts have estimated that anywhere from 50%-75% of all hemp grown in America will never make it to market. Perlowin said that happens due to the lack of processing centers and Hemp Inc. plans to open centers all over America. “We have one here in Oregon and we’re going to add to our industrial plant in North Carolina to make that a processing center for CBD,” he said. “Wherever the farmers are starting to grow a lot of hemp, we’ll put in a local processing center so that they have a place to bring it and harvest it.”
Source: https://thefly.com/landingPageNews.php?id=2977045&sd=2019-10-17%2013:20:28
Rock On $Hemp!
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