Replies to post #57507 on Hemp Inc (HEMP)

[Det_Robert_Thorne]

It's also unassembled and can't decorticate hemp

Hemp Inc has one of the largest hemp decorticators in the world. The largest in America. This cannot be discussed away.

Sure it's big, and the largest in the US, but:

1) Unassembled
2) Configured to process kenaf
3) It's in North Carolina
4) No industrial hemp may be farmed in North Carolina
5) No unprocessed hemp may be imported into North Carolina for processing
6) Despite getting a few more co-sponsors than the same bills from the 2013 - 2014 Congress, both the Senate and House versions of the Industrial Hemp Farming bills languish in committee.

So what if I can't "discuss away" the size of the decorticator. It might as well be the size of Yankee Stadium for all the effect it's having on HEMP's pathetic financials.

[Fred Kadiddlehopper]

The language in their last PR says "the only one of it's size in North America." It does NOT say the largest. I think this is not an accident.
Good luck!
-Fritz

[Condor65]

Sure it's big, and the largest in the US,And:

1)After months waiting for authorizations and electrical power connections, 1 month ago began the rebuilding of the machinery in the new plant. As required, the video is available on youtube.

2)the hemp is in shortage in US (next year will be better for sure): you can't start a (small) industrial plant with uncertain supplying.

3)we have a lot of kenaf, a crop that already has a great market, and is legal for cultivation and transportation in all US.

4)the machinery can be easily converted to process hemp or kenaf.

5)the industrial hemp bills (HB525 and SB134) will be approved because is the only way to unify at federal level 2 problems: the production of fibers and the production of CBD concentrates for medical use.

IN MY OPINION the problems resulting from the liberalization of other varieties of hemp (with more or less THC, with more or less CBD) will be left to individual states.

Actually Hemp inc has not financial: is a startup, and Bruce Perlowin asked to the market the money to the project.

Complaining is useless.