Hemp, Inc. (HEMP) Signs Contract with HQ Global Education, Inc. to Plant 25 Acres of Hemp

Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today that Hemp, Inc. has signed a contract with HQ Global Education, Inc. (HQGE) to plant 25 acres of industrial hemp. The hemp, to be planted this month, will be grown and cultivated on land operated by Hemp, Inc. and is expected to yield 4,000 pounds of hemp per acre or a total 100,000 pounds of high cannabidiol (CBD) hemp biomass.  This is the first step in the collaboration between HQGE and Hemp, Inc. to grow premium hemp for the purpose of developing high quality CBD isolates and/or distillates and/or hemp-related products for Business-to-Business and possible Business-to-Consumer marketing.

Due to an increase of demand for high-quality CBD and hemp-related products, HQGE executives plan to contract a minimum of another 25 acres with Hemp, Inc. after the successful planting of the first 25 acres. This initial cultivation of hemp will be processed using Hemp, Inc.’s NuAxon Tech CO2 Supercritical Extractor which is housed in Hemp, Inc.’s 85,000-square foot facility in Spring Hope, North Carolina. Planting is expected to occur before the end of the month and should be ready for harvest by late August/early September 2018. The CBD extraction will begin immediately upon the harvesting and drying of the fully mature hemp harvest.

HQGE and Hemp, Inc. (HEMP) announced in March that they would be creating a joint venture between the two companies, in which HQGE will produce and distribute high-end, hemp-rich and highly customizable CBD formulas for the CBD industry using Hemp, Inc.’s NuAxon Tech CO2 Supercritical Extractor. Hemp, Inc. is also providing ongoing consulting services in the hemp-CBD market, specifically in the areas of growing high-quality organically-grown CBD-rich hemp, and harvesting, extracting and creating a variety of high-end CBD products.

“We look forward to furthering our relationship with HQGE as they expand their footprint in the hemp CBD market,” said Hemp, Inc. CEO Bruce Perlowin. “The CBD industry in the United States has enormous growth potential, especially as more states continue to legalize hemp and the proposed bill to legalize hemp at the federal level continues to gain bipartisan support.”

Dozens of master growers, from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, of course, Arizona, companies and organizations have also expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on the 300 fenced acres in Arizona as part of “The Great United American Hemp Project.” Interested master growers, from around the country, should contact Project Manager, Dwight Jory at ecogold22@gmail.com.

Read the following October 24, 2017 press release, Hemp, Inc. Announces Strategic Hemp Growing Partner “Veteran Village Kins Community Arizona, Inc.” Completes Final Site Plan Blueprints, below:

Hemp, Inc. has announced that its strategic growing partner, “Veteran Village Kins Community Arizona, Inc.,” has completed its final site plan blueprints for its 500-acre site in Golden Valley, Arizona (20 miles north of Kingman, AZ and 90 minutes from Las Vegas, NV). The site plan was submitted to the Mohave County Building Department for final review. The Company is also in the final stages of completing the necessary infrastructure to support an off-grid, renewable, energy system. With the solar equipment in place, the site’s solar power operation is now complete.

Dwight Jory, the Project Manager for the “Veteran Village Kins Community Arizona, Inc.,” said, “We are very happy with the progress. Our Kins Community is really beginning to come together.” In anticipation of planting to begin during the spring, 300 acres have been fenced, 16 overnight trailer park sites are under construction, and six 40×40-ft organic vegetable gardens are ready for seasonal planting, according to Jory. As for the 6 geodesic domes mentioned in an earlier press release, 1 is structurally complete with only the electrical and plumbing to be completed. The rest are on site awaiting final site plan approval. “We are now accepting volunteers who have expressed an interest in helping to build the first Kins Community for our veterans,” said Jory. Those interested in making the first hemp growing CBD-producing “Veteran Village Kins Community” become a reality should contact Ms. Sandra Williams via email (swilliams@hempinc.com).