Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP) was featured on the Uptick radio show with Everett Jolly. In the interview he gives an update on the progress of its multi-purpose industrial hemp decortication plant in Spring Hope, NC, the only one of this magnitude in the U.S.
The plant is ramping up towards production of the first products. In fact, because of the inventory of kenaf warehoused in the decortication plant, sales are already underway. Industrial Hemp Manufacturing LLC (wholly owned subsidiary of Hemp, Inc.) is currently bagging SpillSuck 25 lb. bags and actively making sales. In the recent press release, Hemp, Inc. announced a sale for raw kenaf. DrillWall is another product that will soon be ready for sales.
Bruce also discusses the role the decortication plant plays in the fiber space for large manufacturers who are starting to use hemp. He also talks about the industry and the huge amounts of money involved in the industrial hemp space.