LAS VEGAS, May 27, 2015 (GLOBE NEWSWIRE) — Hemp, Inc. (OTC:HEMP) is pleased to announce that after months of preparing, its decortication machinery is now being reassembled for operation. According to executives, Temafa’s German engineer, Mr. Reiner Busch, arrived at Hemp, Inc.’s decortication plant in Spring Hope, North Carolina yesterday morning.
Under the guidance of Mr. Busch, reassembly of Hemp, Inc.’s massive decortication machinery is now aggressively underway. Temafa, the manufacturer of Hemp, Inc.’s decortication line, is a leader in the global blending solutions industry with over 120 years of experience in the manufacturing of fibre opening, cleaning and blending systems.
Chief Operating Officer David Schmitt of Hemp, Inc.’s wholly owned subsidiary, Industrial Hemp and Manufacturing, LLC, said it was a long and lengthy process just to get to the point of reassembly.
According to Schmitt, there was a lot of preparatory work that needed to be done, specifically ensuring the electrical foundation was intact. “Duke Energy has completed the process of getting us 3-phase power routed to our facility in Spring Hope, North Carolina. This process involved the installation of several new power poles along a 1 and 1/2 mile stretch of road into Spring Hope, North Carolina. The next step in this process is to install our new transformer in order to get us the 480 volt 3-phase power that we require. This should be completed in the next couple of weeks,” said Schmitt. Duke Energy had required Hemp, Inc.’s facility to have an access road on the property to be able to install and maintain the new transformer which is now complete.
With everything else in place and Temafa’s German engineer, Mr. Busch on location, the final stage of the decortication machinery assemblage has commenced. “With Mr. Busch’s expertise in Temafa equipment, we are going through each piece of machinery thoroughly to inspect it and confirm that all necessary repairs were made,” continued Schmitt. Temafa’s German engineer will guide the reassembly process to ensure maximum efficiency and throughput (the amount of material or items passing through a system or process).
To capture and document this process of reassembling the only commercial decortication plant of this scale in all of North America, Hemp, Inc. has installed video cameras throughout the plant to have live streaming video. Hemp, Inc.’s technical team is currently working to install the live feed on the Hemp, Inc. website, which will be available soon.
Meanwhile, in Hemp, Inc.’s home office state, Nevada passed a bill to authorize hemp cultivation in an overwhelming 41-0 vote this past Friday. The bill will “allow colleges, universities, and the state Department of Agriculture to cultivate industrial hemp for research purposes under an agricultural pilot program, as recently authorized by the federal government.” The bill defines industrial hemp as cannabis containing less than 0.3% THC (tetrahydrocannabinol). (The full text and history of Nevada’s Senate Bill 305 can be read here.)
In NORML’s recent State law article on industrial Hemp, 23 states have adopted similar hemp laws. Nevada makes the 24th State. In terms of consumer awareness, Industrial hemp, specifically, is catching up with medical marijuana, says Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP). “Recent stats show, in most cases, unanimous votes in favor of Industrial hemp. While hemp’s more psychoactive cousin, marijuana (which is legal in some form in 37 states) has been gaining traction in the media, hemp is catching up with it being legalized almost all over America.”
Reports show United States consumers purchased well over $600 million of industrial hemp products since 2014. “Hemp is a durable natural fiber, a nutritious food product for humans and pets, a superior building material, and has thousands of other known uses.”
Farmers worldwide grow hemp commercially for fiber, seed, and oil for use in a variety of industrial and consumer products, including food and clothing. According to the article, “The United States is the only developed nation that fails to cultivate industrial hemp as an economic crop on a large scale.” Countries such as Australia, Austria, Canada, Chile, China, Denmark, Egypt, Finland, France, Germany, Great Britain, Hungary, India, Italy, Japan, Korea, Netherlands, New Zealand, Poland, Portugal, Romania, Russia, Slovenia, Spain, Sweden, Switzerland, Thailand, Turkey and Ukraine produce industrial hemp. The majority of hemp sold in the United States is imported from China and Canada.
Hemp, Inc.’s automated Temafa decortication line, which can be used to process raw hemp and Kenaf for the American farmers, is the only one of its magnitude in North America. The highly coveted decortication line is currently the only commercial, large-scale machine of its kind in North America that is being reassembled for operation.
Hemp, Inc. and its whole team is committed to the American farmers and plans to continue spearheading a new clean, green American Agricultural and Industrial Revolution based on hemp and hemp products. The decortication and milling plant, is housed in a 70,000 square-foot warehouse on 9 acres (with a 6-inch cement foundation and a refrigerated section) in Spring Hope, North Carolina.
HEMP, INC.’s TRIPLE BOTTOM LINE
Hemp, Inc. (OTC:HEMP) seeks to benefit many constituencies from a “Cultural Creative” perspective thereby not exploiting or endangering any group. CEO of Hemp, Inc. (OTC:HEMP), Bruce Perlowin, is positioning the company as a leader in the industrial hemp industry, with a social and environmental mission at its core. Thus, the publicly-traded company believes in “upstreaming” of a portion of profit from the marketing of their finished hemp goods back to its originator, in which most cases will one day be the American farmer, cultivating natural, sustainable products as an interwoven piece of nature. By Hemp, Inc. focusing on comprehensive investment results—that is, with respect to performance along the interrelated dimensions of people, planet, and profits—our triple bottom line approach can be an important tool to support sustainability goals.
SAFE HARBOR ACT
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