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Replies to post #109137 on Hemp Inc (HEMP)
worldisfullofDerps
04/14/19 2:19 PM
#109147 RE: worldisfullofDerps #109137
Due to the similarities of kenaf and hemp, the same equipment can process both raw materials. Appraised as "very good" condition, the decortication equipment was originally purchased for over $10,000,000. The recent purchase made by Hemp, Inc. (OTC:HEMP) not only included the machinery, but also included roughly 15 million pounds of raw and processed kenaf which can be sold to the automotive, paper, oil drilling, textile industries and as construction materials.