Hemp, Inc. Featured in Oregon's Mail Tribune Discussing Soaring Demand for Hemp and Company's Competitive Advantage
SPRING HOPE, N.C., Oct. 11, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- 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 the company is featured in an article by Mail Tribune regarding Oregon’s burgeoning hemp industry. The Mail Tribune is a seven-day daily newspaper based in Medford, Oregon, that serves Jackson County, Oregon, and adjacent areas of northern California. The article includes comments from Hemp, Inc. CEO Bruce Perlowin on the potential of Oregon’s industrial hemp industry and elaborates on Hemp, Inc.’s expanding operations within the state. 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.
The article, “A fruitful hemp harvest, but for how long?,” details the immense opportunity Southern Oregon farmers expect to see with the federal legalization of hemp. The article also features footage from inside Hemp, Inc.’s hemp cultivation and processing company, Local Processing Center, Inc. (LPC) in Medford, which recently began processing the harvest of more than 100,000 pounds of industrial hemp from the first of many farms they have contracted with in that area. In the article, Hemp, Inc. CEO Bruce Perlowin explains why Oregon hemp farmers are well positioned to profit off of the national industrial hemp industry.
Currently, LPC has the capacity to dry 85,000 pounds of industrial hemp a week and that amount is projected to increase to 125,000 pounds a week as additional infrastructure developments are completed.
While Oregon’s hemp industry prepares for the potential impact of the 2018 Farm Bill that would legalize hemp nationwide, lawmakers missed the bill’s initial Sept. 30 deadline. Regardless of when the 2018 Farm Bill passes, Congress has confirmed that the hemp pilot program regime, passed in the 2014 Farm Bill, remains in place. The 2018 Farm Bill includes hemp legalization that is backed by Senate Majority Leader Mitch McConnell. Hemp, Inc. has previously announced its support for McConnell’s introduction of a bill to remove industrial hemp from the federal government’s schedule of controlled substances.
“We are thrilled to be featured in Mail Tribune’s coverage of the Oregon hemp industry that allows the public and our shareholders more insight into our operations there,” said Hemp, Inc. CEO Bruce Perlowin. “Our focus is on supporting the local family farm, and we are proud to have already assisted numerous farmers in the area by processing thousands of pounds of hemp.
Hemp, Inc.’s latest move into Oregon is a part of the company's national growth strategy to expand operations in desirable hemp-growing markets, including development of our 500-acre Arizona hemp growing community and our upcoming line of CBD pre-rolls. We are proud to be on the forefront of this billion-dollar industry.”
Notably, there are now 40 states in the nation that have legalized hemp. 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.
To read the article, “A fruitful hemp harvest, but for how long?,” click here.
ABOUT 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.
SOCIAL NETWORKS
http://www.twitter.com/hempinc (Twitter)
http://www.facebook.com/hempinc (Facebook)
https://www.facebook.com/KingOfPot (Bruce Perlowin's Facebook Page)
https://www.facebook.com/TheHempUniversity/ (The Hemp University's Facebook Page)
SUBSCRIBE TO HEMP, INC.'S VIDEO UPDATES
"Hemp, Inc. Presents" is capturing the historic, monumental re-creation of the hemp decorticator today as America begins to evolve into a cleaner, green, eco-friendly sustainable environment. What many see as the next American Industrial Revolution is actually the Industrial Hemp Revolution. Watch as Hemp, Inc., the No. 1 leader in the industrial hemp industry, engages its shareholders and the public through each step in bringing back the hemp decorticator as described in the "Freedom Leaf Magazine" article "The Return of the Hemp Decorticator" by Steve Bloom.
"Hemp, Inc. Presents" is accessible 24 hours a day, 7 days a week, by visiting www.hempinc.com. To subscribe to the "Hemp, Inc. Presents" YouTube channel, be sure to click the subscribe button.
UPCOMING INTERNATIONAL AND DOMESTIC EVENTS
Across the globe, the hemp industry is rising to astronomical levels. In the wake of the hemp industry projected to grow 700% and hit $1.8 billion by 2020, there has been more education and networking within the industry. That means more events and conferences, thus, Hemp, Inc. has started compiling an ongoing list of upcoming hemp events around the world. Check out the listing of international and domestic events here.
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. 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.
Hemp, Inc.
855-436-7688
ir@hempinc.com
Source: Hemp, Inc.
© 2018 GlobeNewswire, Inc.
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USDA Partners to Help Rural Leaders Build Strategies to Achieve Prosperity
Rural Economic Development Initiative Provides Opportunities for Rural Communities to Plan for the Future
SACRAMENTO, Calif., Oct. 16, 2018 – Assistant to the Secretary for Rural Development Anne Hazlett today announced the U.S. Department of Agriculture (USDA) has finalized four cooperative agreements to help rural communities create and implement economic development plans.
“Under the leadership of Agriculture Secretary Sonny Perdue, USDA is committed to being a strong partner in enhancing quality of life and building economic opportunity in rural America,” Hazlett said. “Asset-based planning is an important tool to complement and leverage existing regional resources and create a foundation for rural prosperity.”
USDA is partnering with four organizations to help build rural prosperity through the Rural Development Innovation Center’s Rural Economic Development Innovation (REDI) initiative. Hazlett announced these partnerships today during the Federal Priorities for Improving Water Forum, co-hosted by the Rural Community Assistance Partnership, the Rural Community Assistance Corp. and USDA.
Hazlett today announced the following partnerships:
In April 2017, President Donald J. Trump established the Interagency Task Force on Agriculture and Rural Prosperity to identify legislative, regulatory and policy changes that could promote agriculture and prosperity in rural communities. In January 2018, Secretary Perdue presented the Task Force’s findings to President Trump. These findings included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America. Increasing investments in rural infrastructure is a key recommendation of the task force.
To view the report in its entirety, please view the Report to the President of the United States from the Task Force on Agriculture and Rural Prosperity (PDF, 5.4 MB). In addition, to view the categories of the recommendations, please view the Rural Prosperity infographic (PDF, 190 KB).
USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.
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5 Ways ‘Star Wars’ Technology Is Bringing Dentistry Back To The Future
Dentistry’s transition to the digital age has been relatively slow compared to other industries, but there’s no denying it’s advancing swiftly now.
And it’s expected to progress rapidly in the near future as new technology makes many dental procedures more precise and faster, from X-rays to extractions. For example, it will eventually become commonplace for your next denture, crown, bridge, implant or other dental restoration job to be created with a 3D digital scan of your mouth.
Such advancements will make the patient’s overall experience better. But not every dentist is quick to adapt to new technology, so patients may need to go looking for one who does.
“Do you wait anxiously for the next iPhone to come out?” asks Dr. Brian Raskin, CEO of Advanced DDS (www.advanceddds.com) and author of Better Than Basic: Your Smile Is Worth The Best. “Do you trade in your car every few years because you want one with all the new bells and whistles?
“It’s the same with dentistry. Why would you settle for a dentist who hasn’t updated his equipment in years? There’s been an explosion in new materials and techniques, and the best is yet to come.”
Dr. Raskin looks at five ways the trending technology will enhance dentistry and the patient experience in the coming years:
“I think more and more, patients are going to expect to be able to enjoy the benefits of all this advancement,” Dr. Raskin says. “Digital dentistry is going to keep making things so much better for the patients and the dentists.”
About Dr. Brian Raskin
Dr. Brian Raskin, author of Better Than Basic: Your Smile Is Worth The Best, is CEO of Advanced DDS (www.advanceddds.com), a progressive group practice in Garden City, Long Island, N.Y. The practice features the most advanced techniques in restoring oral health along with the most advanced technology available for a dental practice. Dr. Raskin is a 1982 graduate of New York University College of Dentistry, the same school from which his father and grandfather graduated in 1953 and 1923, respectively. Dr. Raskin was trained by Dr. Carl Misch, a major innovator in implant dentistry. He has taken more than 2,000 hours of continuing education in numerous phases of dentistry and is regarded as a leader in implants and in sedation dentistry.
