Hemp, Inc. (HEMP) to Sponsor 4th Annual Jack Herer Cup in Las Vegas, Nevada

Hemp, Inc. (OTC PINK: HEMP), 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 (in Spring Hope, North Carolina), announced today that the company is one of the largest sponsors for the 4th Annual Jack Herer Cup on November 15, 2018. The cannabis awards show begins at 7 p.m. PST and takes place at the Hard Rock Cafe in Las Vegas, Nevada. At the event, Hemp, Inc. CEO Bruce Perlowin will receive an award for being a trailblazer in the hemp industry.

To learn more about the 4th Annual Jack Herer Cup or to RSVP, click here.

Hemp, Inc. has created strategic partnerships with farmers across the U.S. in states including North Carolina and Oregon to provide them with services including drying, curing and storing of industrial hemp. In addition, Hemp, Inc. is also ramping up development of a Veteran Village Kins Community in Arizona that will support hemp growing and manufacturing as well as provide additional wellness supports to the local community. As Perlowin recently told Southern Oregon’s local National Public Radio station, Jefferson Public Radio, the company is rapidly expanding its footprint with the development of Local Processing Centers to support family farms across America.

“We are delighted to participate in this event that celebrates the life and memory of Jack Herer, a fellow visionary and activist who is frequently cited for his efforts to decriminalize and legalize cannabis and to expand the use of hemp,” said Hemp, Inc. CEO Bruce Perlowin. Jack Herer sometimes called the “Emperor of Hemp”, was an American cannabis activist and the author of the book The Emperor Wears No Clothes, a book which has been in print for 31 years.

 “We are proud to be at the forefront of the revitalization of the hemp industry throughout the U.S., especially as it offers us the privilege to boost the economies of rural U.S. towns that have long found it nearly impossible to turn a profit growing wheat or corn as a small farm. We recently expanded operations at our Local Processing Center in Medford, Oregon, to partner with the surrounding farms to process their hemp and have employed a little over two hundred individuals so far. We look forward to continuing to build out our infrastructure to further the national hemp revolution,” continued Perlowin.

The timing for a hemp event in the region is ideal, as the U.S. is poised to lift its 80-year ban on hemp as proceedings move forward on the 2018 Farm Bill that includes a provision to legalize hemp. The Democratic takeover of the House is expected to boost the final passage of the farm bill, and supporters hope Congress will pass the bill during the upcoming lame duck session, which begins the week of Nov. 12.

Notably, there are now 40 states in the nation that have legalized hemp. The hemp-derived cannabidiol (CBD) market is expected to hit $591 million this year, and it may grow 40 times this size—to $22 billion by 2022, according to a new report by Brightfield Group. Companies seeking to enter or further develop their footprint in the industrial hemp marketplace are aligning with Hemp, Inc. for the company’s proven expertise and state-of-the-art hemp processing and manufacturing infrastructure in Spring Hope, North Carolina, and operations in additional states. Hemp, Inc.’s 85,000 square foot hemp processing and manufacturing facility has been operational since August 2017.

Hemp, Inc. has been helping to build the industrial hemp infrastructure that was basically non-existent in America. It has six hemp infrastructures, Divisions One through Six:

Division One – The Industrial Hemp Infrastructure

Division Two – The Hemp Extraction Infrastructure

Division Three – The Hemp Farming Infrastructure

Division Four – The Hemp Educational Infrastructure

Division Five – The Hemp Marketing Infrastructure

Division Six – Accessories, Products and Services

Division Six is the company’s newest division to be formed, which focuses on the sale of hemp accessories such as the sale of extractors, storage bags, containers, fertilizer, soil amendments, humidifiers, dehumidifiers, balers, greenhouses, and greenhouse equipment; the drying, trimming, curing, storing and brokering for other farmers; and ultimately anything else a hemp farmer may need to be successful.