Las Vegas, NV, Nov. 06, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Hemp, Inc. (OTC PINK: HEMP) announced today news coverage in local news outlet NewsWatch 12 (ABC) based out of Medford, Oregon. The published news segment features an interview with Barry Epling, CEO of Farming Capital Corp, a wholly-owned subsidiary of Hemp Inc. The coverage also includes footage from Hemp, Inc.’s state-of-the-art hemp processing facility as the Company works through harvest season in Rogue Valley.
During the interview in the segment entitled, “Lack of Processing Facilities For Hemp,” Epling discusses why hemp farmers need to plan ahead and consider the type of local infrastructure available to process their crops. Epling stresses the importance of being ready to process hemp once it has been harvested so that hemp material does not go to waste.
In the segment, Epling comments, “It’s a very profitable business if it is done right and it’s an enormous loss if it’s not planned all the way through. When you plant the seed, if you don’t know where you’re going to dry it, cure it, and process it — you should not plant the seed.”
According to a June 2019 market research report published by MarketsandMarkets™, the industrial hemp market is projected to grow from $4.6 billion in 2019 to $26.6 billion by 2025, recording a compound annual growth rate of 34.0% during the forecast period.
Hemp, Inc. is a global leader in the industrial hemp industry with bi-coastal processing centers, including the largest multipurpose industrial hemp processing facility in the western hemisphere. The segment highlights how Hemp, Inc. is supporting small and entrant hemp farmers in post harvest by extending their facilities to them.
“We are proud to have been featured in this local news segment. Hemp has been harvested across the Oregon region but drying and processing are steps that a lot of farmers are struggling with,” said Hemp, Inc. CEO Bruce Perlowin. “Our presence on a local news broadcast shows the public that we are a resource in the community and that we care deeply about the hemp plant and its farmers. Through our careful measures — from planting the seeds to post harvest processing, we have built out the best practices in the industry and invite our neighbors to take part in this.”
To view the NewsWatch 12 news segment, click here.
WHAT IS HEMP, INC.?
What is Hemp, Inc.? 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.
FORWARD-LOOKING DISCLAIMER AND DISCLOSURES
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. To clarify the issue of OTC placing a stop sign next to Hemp, Inc.’s stock trading symbol, that symbol indicates Hemp, Inc. does not report their financials. As a non-reporting pink sheet company, Hemp, Inc. is not required to report. The company does, however, choose to publicly report its quarterly and yearly financials on its website. According to the company’s CEO, the OTC stop sign is a misrepresentation of that reporting fact. 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.