Hemp, Inc. Appoints Gustavo Guadamud as Hemp Ambassador to Webxu, Inc.

LAS VEGAS, March 7, 2014 (GLOBE NEWSWIRE) — Hemp, Inc. (OTC:HEMP), through its wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), announced today that its Board of Directors has appointed Gustavo Guadamud to serve as Hemp Ambassador to Webxu, Inc. (OTC:WBXU).

Based on the Consulting Agreement between IHMMCC and Webxu, Inc., IHMMCC is now providing its consulting services specific to the industrial hemp/medical marijuana industry to augment Webxu’s sales and aid with strategically aligning their marketing strategy within the industry, all spearheaded by the newly appointed Hemp Ambassador, Gustavo Guadamud.

“I’m excited about working directly with Webxu, Inc. (OTC:WBXU) in optimizing their online web development and advertising initiatives for their business and future partnerships,” said Gustavo Guadamud.

“There is no better person to guide and assist Webxu, Inc. (OTC:WBXU) as it enters its next chapter of expansion in the industrial hemp and medical marijuana industry than Gustavo Guadamud,” said Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP).

“The industrial hemp and medical marijuana industries have become the fastest growing in America. It’s the birth of a new clean American Industrial Revolution. Webxu, Inc. products and services are exactly what is needed in the process of legitimizing, stabilizing and bringing their brand of business tools to this sector and Gustavo is the perfect person to facilitate that,” continued Perlowin.

“Together, I feel that Hemp, Inc.’s IHMMCC and Webxu, Inc. (OTC:WBXU) are truly revolutionizing the world through Webxu’s services and I couldn’t be more honored to have been chosen to help lead Webxu, Inc. in the hemp industry,” Guadamud said. “The opportunities are endless, but to seize those opportunities that lie ahead requires us to focus clearly, move faster and continue to transform. A big part of my job is to accelerate their ability to bring more innovative services to consumers quickly.”

“IHMMCC appears to be in the embryonic stages of creating a one-stop-shop for industry information, education, products and services, research and development (R&D), marketing, and channels of distribution for the industrial hemp and medical marijuana industries,” stated Perlowin.

ABOUT HEMP, INC.

Hemp, Inc. (OTC:HEMP) focuses on the vast market created by the growing, multibillion dollar industrial hemp industry and strives to be the most diversified company in the sector. Hemp, Inc. (OTC:HEMP) is not currently involved in the cultivation or marketing of medical marijuana. It is the company’s belief that legalization of Industrial Hemp in all 50 states (which is now possible with the passage of the 2014 Farm Bill) will come to pass. With that in mind, the company continues to build infrastructure with the potential to gain substantial market share before and after Industrial Hemp prohibition totally ends.

ABOUT WEBXU, INC.

Webxu, Inc. (WBXU) is a media company that develops branded consumer Websites and acquires and integrates consumer-oriented businesses in the customer acquisition and e-commerce categories. The company also provides marketing solutions for online businesses, media agencies, and marketers. Webxu was founded in 2010 and is based in Los Angeles, CA. For more information about Webxu, visithttp://www.webxu.com.

ABOUT GUSTAVO GUADAMUD

Gustavo Guadamud is founder and CEO of Dinero Marketing, Inc., an 11-year old marketing company that helps companies increase their sales through their online presence. Guadamud has worked with Hemp, Inc. since its inception on a myriad of technical and web-based projects that has helped Hemp, Inc. online. See www.dineromarketing.com.

ABOUT THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA CONSULTING COMPANY, INC.

The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) is a wholly owned subsidiary of Hemp, Inc. (OTC:HEMP) that pulls industry information from a vast network of specialists that consists of other public and private companies, public company CEOs, bankers, investors, lawyers, industry analysts, and non-profits connected to the industry. IHMMCC is entrenched in all the multi-faceted opportunities in the medical marijuana and Industrial Hemp industry.

FORWARD-LOOKING DISCLAIMER

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Hemp, Inc. to be materially different from the statements made herein.

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