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Hemp, Inc. Subsidiary Hemp University Establishes Cultivation Facility Consulting Division to Meet Market Demand in North Carolina

SPRING HOPE, NC, Feb. 16, 2018 (GLOBE NEWSWIRE) — Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest hemp mill in the western hemisphere, announced today that its wholly-owned subsidiary Hemp University, LLC has established a cultivation consulting division to further the University’s mission to help landowners and farmers incorporate hemp into their crop rotation.

Hemp University’s consulting division, Hemp University Grow, focuses on the development of grow room facilities, greenhouses, outdoor hemp farming and cannabidiol (CBD) extraction operations. Known as the Mastery Grow Team, this select group of hemp growers receive the advantage of numerous operational synergies and resource sharing. Hemp University’s expert staff help prevent growers from costly mistakes and imbalances that can reduce yield, quality, and consistency.

Hemp University identified a need for a consulting division following their first major education symposium event in March 2017. In 2017, the first year, hemp was legal to grow in North Carolina, Hemp University hosted five sold-out symposiums in northeast North Carolina with a total of more than 800 attendees.

“Many attendees of our educational symposiums are looking to add a new viable and profitable income stream by maximizing their, per-acre crop revenue,” said Hemp University, LLC President Rick Rainbolt. “Since our team of experts began fielding inquiries for consulting services last year, we have successfully consulted on developing nine Indoor- greenhouse growing facilities. Small mistakes can cost a substantial amount of money and can be avoided with proper training. We accompany growers from developing strategic objectives all the way to successful and sustainable implementation, regardless of whether they are new to the hemp industry or just want to enhance their existing product range.”

“Hemp University allows organic business relationships to flourish, proving a breeding ground for new growth within the industry,” said Hemp, Inc. CEO Bruce Perlowin. “Hemp University Grow was an obvious next step of expansion for the University to continue its role on the frontlines of this rapidly growing industry.”

To buy tickets for Hemp University’s March 10th “Growing Hemp for Profit” event and to learn more about the line-up of Master Growers and farmers, coaches and trainers who will be facilitating, visit here. The Hemp University is also on Facebook. Click here to visit the Hemp University on Facebook. The University is also offering a $150 early bird discount.

Indiana: The Indiana House voted for a bill, early this month, that would allow farmers in Indiana to legally grow industrial hemp. Rep. Jim Lucas’ bill HB 1137, would allow Hoosier farmers to grow the low-THC substance on their family farms. The fight over this controversial bill involving industrial hemp resumed yesterday in the Indiana Senate. Senators on the Senate Commerce and Technology Committee signaled their support for the bill, but it wasn’t a clean sweep. Several people testified before the committee. Some said they don’t want Indiana to miss out on what could be a multimillion-dollar hemp industry. State Rep. Jim Lucas, a Republican from Seymour, said, “HB (House Bill) 1137 opens up an entirely new industry here in Indiana,” by allowing Hoosier farmers to grow hemp and make hemp products. In the end, the committee voted 8-3 on the bill. It now goes to the full Senate. To read the latest update on HB 1137 as of 2/15/18, click here.

With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.

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“Hemp, Inc. Presents” is capturing the historic, monumental re-creation of the hemp decorticator today as America begins to evolve into a cleaner, green, eco-friendly sustainable environment. What many see as the next American Industrial Revolution is actually the Industrial Hemp Revolution. Watch as Hemp, Inc., the No. 1 leader in the industrial hemp industry, engages its shareholders and the public through each step in bringing back the hemp decorticator as described in the “Freedom Leaf Magazine” article “The Return of the Hemp Decorticator” by Steve Bloom.

“Hemp, Inc. Presents” is accessible 24 hours a day, 7 days a week, by visiting hempinc.com. To subscribe to the “Hemp, Inc. Presents” YouTube channel, be sure to click the subscribe button.

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.


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