Hemp, Inc. Subsidiary’s COO, David Schmitt, Elected to the North Carolina Industrial Hemp Association (NCIHA) Board of Directors
LAS VEGAS, NV–(Marketwired – Sep 10, 2015) – Hemp, Inc. (OTC PINK: HEMP), a leader in the industrial hemp industry, is pleased to announce that David Schmitt, Chief Operating Officer (COO) of Hemp, Inc.’s subsidiary, Industrial Hemp Manufacturing, LLC, has been elected to the North Carolina Industrial Hemp Association (NCIHA) Board of Directors for the 2015-2016 term. NCIHA has been a key driving force, for over a year, in trying to legalize hemp in the state of North Carolina. The association also serves as a hub for current industry information and development in North Carolina for “farmers, processors, retailers, consumers, and educational/governmental stakeholders.”
Schmitt, an industry veteran with over twenty years of senior level, management experience in the natural fiber industry said, “It is truly a privilege to join such a driven group of, not only, hemp advocators, but promulgators in support of state laws legalizing the growing and processing of industrial hemp. NCIHA’s core team members are really champions for industrial hemp and providing a means for farmers to economically benefit from the revival of hemp with sustainable crops. So, I’m really looking forward to serving on the Board and collaborating with peers to help legalize hemp in the state of North Carolina.”
Over the past decade, Schmitt has been involved in the growing and processing of natural fibers such as kenaf, jute, and most recently, gearing up for industrial hemp. Through extensive research and development, he has also brought several new products to the marketplace such as DrillWallTM, a Loss Circulation Material (LCM). NCIHA Executive Director, Thomas Shumaker, feels that Schmitt will be an invaluable asset to the organization. “We are honored to have him take his seat on our Board. His knowledge and experience in the field of industrial hemp processing will serve as an invaluable asset,” said Shumaker.
NCIHA is currently “lobbying the North Carolina legislature to legalize the propagation of Industrial Hemp.” According to NCIHA, if the proposed legislature is accepted, fundamental provisions would, in part, “establish an agricultural program to grow or cultivate industrial hemp in the State of North Carolina; permit the growing, cultivating, possession and sale of industrial hemp and products containing hemp; remove industrial hemp from the definition of marijuana in the North Carolina General Statutes; allow a person, firm or corporation to grow industrial hemp for commercial purposes upon proper application and receipt of a license from the Commissioner of Agriculture; provide for an initial, graduated license fee, to be paid by each grower, based upon the number of acres proposed for cultivation of industrial hemp; and, provide for the creation of the North Carolina Industrial Hemp Commission.” (NCIHA’s proposed legislation, in its entirety, can be viewed here.)
Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP), stated, “With our multipurpose industrial hemp processing plant in the final stages of being fully re-assembled, David’s appointment to the NCIHA Board of Directors could not have come at a better time. Our plant in North Carolina will have the ability to vertically integrate growing, decortication, and milling. Not only do we expect it to produce millions of dollars in revenue a year from processing kenaf and, later, hemp, it’s aligned with our commitment to the American farmers and to spearheading a new clean, green American Agricultural and Industrial Revolution.”
Nestled on 9 acres, Hemp, Inc.’s multipurpose industrial hemp processing plant is almost 70% complete. A skilled crew continues to conduct internal assessments of the equipment and has been ensuring every aspect of the Temafa decortication line is prepped for maximum operational efficiency. The plant is expected to be fully operational during the fourth quarter.
NCIHA is also one of the sponsors of the upcoming industry event, HempX, to be held in Asheville, North Carolina. HempX, produced by Adapt, Asheville Event Company, and Highland Brewing Company, is a “family-friendly free event that aims to educate both young and old about the multiple uses and benefits of industrial hemp.” Producers of the event hope to revitalize the family farm in North Carolina by growing and cultivating hemp, thereby creating a more sustained economic future. According to HempX’s website, all the proceeds derived from the event will benefit Accelerating Appalachia, a nature-based accelerator and hub for sustainable businesses, food, energy, and agriculture. To learn more about HempX, click here.
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ABOUT INDUSTRIAL HEMP AND MEDICAL MARIJUANA CONSULTING COMPANY (IHMMCC)
The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) is a wholly owned subsidiary of Hemp, Inc. that pulls industry information from a vast network of specialists. IHMMCC is entrenched in all the multi-faceted opportunities in the medical marijuana and Industrial Hemp industry. As the country transitions to embrace more sustainable agricultural practices, public companies want to expand into the industrial hemp industry and IHMMCC is leading the way. Hemp, Inc. executives say their subsidiary continues to be inundated with potential consulting agreements from companies seeking to capitalize in this multi-billion dollar industry that is spurring ecological and economic benefits.
HEMP NATION MAGAZINE
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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. (OTC PINK: HEMP), 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 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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