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Hemp, Inc. to Grow 50 Acres of Industrial Hemp in Spring 2017

LAS VEGAS, NV — (Marketwired) — 11/21/16 — Hemp, Inc. (OTC PINK: HEMP) executives are pleased to report that its wholly owned subsidiary, Industrial Hemp Manufacturing, LLC (IHM) in Spring Hope, North Carolina is set to grow 50 acres of industrial hemp next door to their NC processing plant in the Spring of 2017. According to executives, however, the Spring planting of industrial hemp hinges on the North Carolina Industrial Hemp Commission (NCIHC) establishing the rules and regulations for the state’s agriculture program to grow or cultivate industrial hemp. While the Commission has not yet announced a date of when the rules and regulations will be established or released, farmers across the state are hopeful it will be in time to plant hemp during the Spring next year. With more families “going green,” farmers see more lucrative opportunity in the environmentally sustainable hemp crop than with any other crop.

Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP) said, “Not only are we excited at the possibility to grow our own 50 acres of hemp in the Spring, we are also partnering with land owners and farmers across North Carolina to grow hemp, such as the 1,500 acres we announced in a previous press release, while we complete the final stage of bringing our multi-purpose industrial hemp facility in North Carolina online. We’ve planted Kenaf successfully. Now we are ready for hemp.”

To see the video of America’s largest hemp processing facility (70,000 square feet under roof, on 9 acres) and 60-foot silo installation, click here.

While the company is looking forward to growing hemp on its 50 acres, Perlowin said the company will continue to plant Kenaf in 2017 if the Commission has not set official procedures in place by the Spring. “This year, we are growing 420 acres of Kenaf in several counties in North Carolina… providing revenues to several farmers throughout the state,” said Perlowin.

Kenaf (hibiscus cannabinus) is an annual, non-wood fiber plant that is indigenous to central Africa. Kenaf is a plant in the Malvaceae family also called Deccan hemp and Java jute. It has been likened to okra and cotton and typically grows 12 to 18 feet tall in a six-month growing season. The raw fiber has been known to grow well in many parts of the United States and has been considered an eco-friendlier way to make paper without cutting down trees. According to DavesGarden.com, “uses of the fiber range from paper, grass mats, fiberglass substitutes, animal bedding, oil-absorbent materials, chicken and cat litter, animal forage, particle board, and potting soil, to name a few.”

To see the video showcasing the dramatic footage of our hemp and Kenaf grows, click here.

As the leader in the industrial hemp industry, Hemp, Inc. will also provide two-day educational seminars towards the end of every month beginning February 2017. Day 1 of the seminar will be held at a location in Raleigh, North Carolina (to be determined) and Day 2 of the seminar will be held at the hemp processing facility in Spring Hope with 50 acres of hemp (or Kenaf) growing next door.

According to Perlowin, the company has already secured an outstanding lineup of experts from at least a dozen states all over the country, including New York, Virginia, North Carolina, South Carolina, Nevada, Colorado, Oregon and Kentucky. “The Hemp University,” as it’s called, will educate its attendees on key topics such as transitioning from traditional farming to organic farming, different hemp cultivar strains, how and where to get certified seeds, planting and harvesting industrial hemp, an in depth history of hemp and its many uses, agronomy, permaculture, ecological advantages and many more courses with an ever expanding curriculum.

It will also cover such topics as organic certification, potential licensing fees, what’s happening with industrial hemp in different states around America, high CBD strains and different CBD extraction technologies (which will also be installed and showcased at Hemp, Inc. processing facility) and marketability of the crop. The seminars are expected to start in February 2017.

To see the video of America’s largest hemp processing facility (70,000 square feet under roof, on 9 acres) and 60-foot silo installation, click here.

The locale for the industrial hemp educational seminars will be Hemp, Inc.’s multipurpose industrial hemp processing facility in Spring Hope, NC. “We foresee a huge advantage and benefit for attendees attending ‘The Hemp University.’ They will not only learn from the best experts in the industry, they will also be able to tour our plant and our crops. It will be very ‘hands-on.’ We also plan to showcase hemp retail products from all around America and in some cases connect potential distributors with industrial hemp product manufacturers. We plan to make this a one stop shop for everything or the Hemp Zone for every aspect of industrial hemp from seed and soil to sale,” said Perlowin.

Companies interested in showcasing their products and industry experts who would like to speak at these events should contact Industrial Hemp Manufacturing, LLC at info@ihempman.com.

Executives are excited to offer such a diverse selection of the monthly industrial hemp seminars, taught by leading experts in their field. This also provides a forum for the tens of thousands of Hemp, Inc. shareholders, where they can go and tour the plant, learn and see, first-hand, what Hemp, Inc. is doing.

Between press releases and ongoing video updates showcasing Hemp, Inc.’s progress including one minute daily video updates from CEO Bruce Perlowin, shareholders can stay abreast of the progress every step of the way. Hemp, Inc. strives to be the most transparent publicly traded company in the industry.

David Schmitt, COO of Hemp, Inc.’s subsidiary, IHM, said, “We expect a dynamic seminar lineup. The Hemp University will feature something for everyone looking to either break into this industry or grow their business. All of the farmers we currently work with are growing Kenaf but are eager to switch to industrial hemp.” The farmers also have a major incentive to grow hemp. IHM is looking to purchase up to 5,000 acres of hemp or more and collectively growing up to 50,000 acres, as it reported in a previous press release. IHM have already signed an agreement to purchase 1,500 acres of hemp from BioRegen Innovation Cooperative as reported in a previous press release.

BioRegen Innovations Cooperative (BioRegen) is a cooperative enterprise of farmers, industry experts and seed breeders. BioRegen seeks to build bio regenerative communities throughout the state of North Carolina. Industrial Hemp Manufacturing, LLC, according to the LOI, will purchase the raw hemp that is to be harvested from BioRegen’s land in eastern North Carolina, approximately seventy-five miles from Hemp, Inc.’s industrial hemp processing facility in Spring Hope, North Carolina.

Hemp, Inc.’s commercial, large scale, 70,000 square foot industrial hemp processing facility, on 9 acres of land in Spring Hope, North Carolina is the only one of this magnitude in North America. It is indeed bound to become the mecca of this new clean green agricultural and industrial American revolution.

To see the video of America’s largest hemp processing facility (70,000 square feet under roof, on 9 acres) and 60-foot silo installation, click here.

ABOUT INDUSTRIAL HEMP

Hemp is a durable natural fiber that is grown as a renewable source for raw materials that can be incorporated into thousands of products. It’s one of the oldest domesticated crops known to man. Hemp is used as a nutritional food product for humans and pets, building materials, paper, textiles, cordage, organic body care and other nutraceuticals, just to name a few. It has thousands of other known uses. A hemp crop requires half the water alfalfa uses and can be grown without the heavy use of pesticides. Farmers worldwide grow hemp commercially for fiber, seed, and oil for use in a variety of industrial and consumer products. The United States is the only developed nation that fails to cultivate industrial hemp as an economic crop on a large scale, according to the Congressional Resource Service. However, with rapidly changing laws and more states gravitating towards industrial hemp and passing an industrial hemp bill, that could change. Currently, the majority of hemp sold in the United States is imported from China and Canada, the world’s largest exporters of the industrial hemp crop.

To see the video showcasing the dramatic footage of our hemp and Kenaf grows, click here.

To see 1-minute daily video updates (from Hemp, Inc. CEO Bruce Perlowin) on the final phases of completion of Hemp, Inc.’s 70,000 square foot industrial hemp processing facility and milling operation and other developments, click here. (Remember to scroll down to see the other videos of this historical event of building an American industrial hemp processing facility and factory from the ground up.)

HOW HEMP CAN CHANGE THE WORLD

Industrial, medicinal and commercial properties of hemp have been known to mankind for decades. Cultivating hemp does not require any particular climate or soil, and is thus found in all parts of the world and has been found to be a better alternative than other raw materials. Hemp products can be recycled, reused and are 100% biodegradable. The growth speed of the plant is fast enough to meet the increasing industrial and commercial demand for these products. Switching to hemp products will help save the environment, leaving a cleaner and greener planet for the next generation.

“The hemp crop grows dense and vigorously. Sunlight cannot penetrate the plants to reach the ground, and this means the crop is normally free of weeds. Its deep roots use ground water and reduce its salinity. Also, erosion of topsoil is limited, thereby reducing water pollution. The roots give nitrogen and other nutrients to the soil. After the harvest, this soil makes excellent compost amendments for other plants, and hemp cultivation can follow the rotation of agriculture with wheat or soybean. In fact, the same soil can be used to grow hemp for many years, without losing its high quality. The hemp plant absorbs toxic metals emitted by nuclear plants into the soil, such as copper, cadmium, lead and mercury.” (Source: www.HempBenefits.org)

To see 1-minute daily video updates (from Hemp, Inc. CEO Bruce Perlowin) on the final phases of completion of Hemp, Inc.’s 70,000 square foot industrial hemp processing facility and milling operation and other developments, click here. (Remember to scroll down to see the other videos of this historical event of building an American industrial hemp processing facility and factory from the ground up.)

SUBSCRIBE TO HEMP, INC.’S VIDEO UPDATES

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 #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.

Freedom Leaf Magazine, one of the preeminent news resources for the cannabis, medical marijuana, and industrial hemp industry in America, is published by Freedom Leaf, Inc., a fully reporting, audited, publicly traded company on OTC Markets. Stay in the loop with Freed Leaf Magazine as it continues to deliver the good news in marijuana reform with some of the most compelling art, entertainment, and lifestyle-driven industry news in the cannabis/hemp sector. On the go? Download the Freedom Leaf mobile app to stay connected as they transform the delivery of cannabis news and information across the digital landscape. Get the mobile app on Apple iOS or Google Play.

“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.

ABOUT THE NATIONAL HEMP ASSOCIATION

NHA represents hemp farmers, processors, manufacturers, start-up businesses, entrepreneurial endeavors, and retailers and strives to build a viable industrial hemp economy by providing education about the benefits of hemp and providing expert consultation to producers and processors entering the hemp industry. NHA has developed close relationships with local and state government agencies to establish regulations that benefit the hemp industry across the nation. We provide a wealth of expertise in fields ranging from mining and agriculture to hemp materials processing and the latest developments pertaining to laws and regulations. For more information on the National Hemp Association, visit www.NationalHempAssociation.org.

HEMP, INC.’S TRIPLE BOTTOM LINE

Hemp, Inc. (OTC PINK: HEMP) seeks to benefit many constituencies from a “Cultural Creative” perspective, thereby not exploiting or endangering any group. CEO of Hemp, Inc., 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 “up streaming” a portion of its profits back to its originator, in which some cases will one day be the American small 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 — the triple bottom line approach can be an important tool to support its sustainability goal.

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To see the video showcasing the dramatic footage of our hemp and Kenaf grows, click here.

To see 1-minute daily video updates (from Hemp, Inc. CEO Bruce Perlowin) on the final phases of completion of Hemp, Inc.’s 70,000 square foot industrial hemp processing facility and milling operation and other developments, click here. (Remember to scroll down to see the other videos of this historical event of building an American industrial hemp processing facility and factory from the ground up.)

SAFE HARBOR ACT Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information Hemp, Inc.

(855) HEMP-OUT

info@hempinc.com

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