Hemp, Inc. CEO Featured on Uptick Newswire’s Stock Day Podcast About the Growing Industrial Hemp Industry and Their New Infrastructure Projects
PHOENIX, Oct. 24, 2018 (GLOBE NEWSWIRE) -- The Uptick Newswire “Stock Day” podcast keeps investors up to date on the latest penny stock news by bringing transparency in the micro-cap side of the market. Today, Everett Jolly, CEO and host of Stock Day, focuses on the rapidly growing industrial hemp industry in the latest interview with Bruce Perlowin, CEO of Hemp Inc. (OTC:HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers which includes the largest multipurpose industrial hemp processing facility in the western hemisphere, located in North Carolina.
Success in this rapidly growing industry will be determined by know-how and speed. And that’s just what Bruce Perlowin is bringing through Hemp, Inc. Jolly opened the interview with Perlowin’s daily, informative video posts on social media. Perlowin posts daily video updates on the company’s progress on his personal Facebook page to keep his followers and investors informed about the company.
“I put them up on Facebook, and what you don’t get is a press release of me telling you what we are doing. Instead, you get a video of me showing you what we’re doing. Quite frankly, I do it because I’m pretty impressed with what we are doing.”
Perlowin also talked about their 85,000 square foot industrial hemp processing facility, on over 59 acres in Spring Hope, North Carolina. It has been up and running for over a year and is shipping out biomass and kenaf by the semi-load, indicating that production and sales are full speed ahead.
“We are focused on building the hemp infrastructure for ourselves and for the farmers. This is the first infrastructure (Division One), which is the largest industrial hemp processing facility in the western hemisphere. It is completed and has been running for over a year. Now, I’m focusing on the extraction and farming infrastructure (Division Two and Three).”
Jolly asked Perlowin what kind of revenues does the company expect. Perlowin explained that the processing facility in North Carolina has been selling ground hemp and kenaf, regularly, to the oil and gas industry for over a year at $2.50 a pound. Quite impressive.
“For hemp right now, it’s harvest time. You harvest it, you dry it for a week, you cure it for a week or two and then you package and sell it. In our case, we focus on making pre-rolls and hemp buds that are high in CBD. CBD is the fad and all the rage across America. People also starting smoking it about a year ago, not to get high, but to get healed.”
Oregon is also a burgeoning state in the industrial hemp industry. Jolly asked Perlowin about its Oregon-based processing facility, Local Processing Center Inc. (LPC). In case you missed the announcement, Hemp, Inc. announced on Sept. 6th that it had entered into a majority ownership agreement with JNV Farms LLC for the Medford, Oregon-based LPC.“The joint venture with JNV Farms will focus on the Farming Infrastructure (Hemp, Inc.’s Division Three).”
For a bit more background information on Hemp, Inc.’s Local Processing Center, it consists of 8 greenhouses that are about 3,000 square feet each. The greenhouses are used for drying, at harvest time and sprouting new hemp plants in the spring. Since curing and storage need to be done in a controlled environment (for temperature and humidity), a steel building is used. According to Hemp, Inc. executives, this building is very effective and they are building another one which will be completed soon. The company expects it to be a “cookie-cutter” model that can be duplicated all over America through joint ventures. Does anyone need more convincing that Hemp, Inc. is leading the way? Just wait to see what this will do to their bottom line. Not to mention, Perlowin said that in just 90 days, they built the 8 greenhouses and the 2 buildings that are already processing hundreds of thousands of pounds of hemp.
They recently began processing the first two harvests which is more than 100,000 pounds of industrial hemp from the first two of many farms they have contracted with in that area. According to executives, Hemp, Inc. is currently creating strategic partnerships with farmers across Oregon to provide them with services including drying, curing, trimming, packaging and storing and selling their industrial hemp.
Jolly then asked Perlowin about Hemp, Inc.’s project in Arizona with the 500-acre Veteran-Village “Kins” Community that will grow hemp and produce CBDs. Their 500-acre strategic growing partner, Veteran Village Kins Community, in Golden Valley, Arizona, is also designed to grow hemp and produce cannabidiol (CBD) products to benefit veterans as well as generate revenue for Hemp, Inc., the Veteran Village and individual veterans living in the community.
“That’s a giant project. The idea is that you grow 500 acres, then you transition, little by little, into a community. This community is for veterans. It’s to rehab the veterans, to teach them how to grow hemp, to teach them a new way of making money.”
The basic framework or overall plan of the Veteran Village Kins Communities is to create a holistic healing and learning center that is designed to educate and heal veterans with PSTD, alcoholism, meth addiction, opioid addiction, and other psychological conditions while at the same time training them on the numerous aspects of being part of the emerging multi-billion dollar hemp industry.
According to Perlowin, one thousand trees, on 36 of the 500-acres, have also been planted, with an additional 1,000 trees on order and retaining ponds. The "Veteran Village Kins Community" will include a 100,000-square foot GMP compliant, central processing plant, a state-of-the-art testing laboratory, and various health and wellness centers to support veterans who may have psychological, emotional or health issues. They are also growing kenaf. With well over $1 million dollars’ worth of heavy equipment working on site, the project is coming along fine.
“We are growing kenaf, which is similar to hemp, because we can’t legally plant hemp yet. We’ll have live streaming video going up soon so people can watch this hemp growing veteran’s village industry emerge out of the desert. It’s very impressive.”
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 (the 6th Division just launched):
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.
If you want to hear more from the interview with Stock Day, listen here: https://upticknewswire.com/featured-interview-ceo-bruce-perlowin-of-hemp-inc-otcpink-hemp/
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.
Contact:
Bruce Perlowin
Hemp, Inc.
8174 Las Vegas Blvd. S.
Suite #109-367
Las Vegas, NV 89117
Phone: (855) 436-7688
Email: Info@hempinc.com
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.
About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.
Investors Hangout is a proud sponsor of “Stock Day,” and Uptick Newswire encourages listeners to visit the company’s message board at https://investorshangout.com/
SOURCE:
Uptick Newswire
https://upticknewswire.com/
Source: Hemp, Inc.
© 2018 GlobeNewswire, Inc.
========Dear Dave,
Do you think I should lower the amount I’m contributing to my 401(k) so I can pay off my house and my truck?
Jamie
Dear Jamie,
If you’re following my plan, the first thing you should do is set aside a beginner emergency fund of $1,000. That’s Baby Step 1. Next comes Baby Step 2, which means paying off all your debt except for your house. This would include your car. During this time, you should temporarily stop any kind of investing and retirement contributions.
Once your mortgage is the only debt you have left, it’s on to Baby Step 3. This means you start saving money and growing your beginner emergency fund into a fully-funded emergency fund of three to six months of expenses. When that’s done, you can attack Baby Step 4—investing 15 percent of your pre-tax income for retirement. In your case, that would mean re-starting the contributions to your 401(k).
The rest of the plan goes like this. Baby Step 5 is putting money into your kids’ college funds, if you have kids, while Baby Step 6 is putting everything you can scrape together towards paying off the house early. After that comes the real fun. Baby Step 7 is the point where you build wealth and give like crazy.
It may take a little time in some cases, but following these steps will lead you to financial peace!
—Dave
(The key is serving)
Word count: 243
Dear Dave,
I just accepted my first job in sales. In your mind, what is the key to becoming an excellent salesperson?
Bobbie
Dear Bobbie,
The key to becoming a great salesperson can be summed up in one simple word—serving. I’m not talking about being subservient. I’m talking about always giving 110 percent towards ensuring customers and potential customers are served well. It’s all about being proactive.
Serving means you believe in what you represent, and you’re excited about what you have to offer. It means you’re determined to give people a great experience. If an issue happens to arise, you’ll take care of it quickly and completely. You’ll do this in a way that will make them forget it ever happened.
Really, serving is an attitude. You can pressure people if you want, but that’s going to lead to a dull and frustrating life of one-shot deals. But if you serve people well, you’ll have clients for life and they’ll send their friends and associates your way.
Make helping people your first order of business, Bobbie. If you do that, you’ll never have to worry about money!
—Dave
* Dave Ramsey is CEO of Ramsey Solutions. He has authored seven best-selling books, including The Total Money Makeover. The Dave Ramsey Show is heard by more than 14 million listeners each week on 600 radio stations and multiple digital platforms. Follow Dave on the web at daveramsey.com and on Twitter at @DaveRamsey.========================
======================
Dear Dave,
What’s your advice on asking for a raise at work when you have more responsibility than a co-worker but the same title on paper? After being with my company four years, I feel like I should make more money and I have the right to complain about this.
Vanessa
Dear Vanessa,
Sorry, no. You don’t have a right to complain. You agreed on your pay, and you are doing your job the way your character and integrity tell you to do the job. If someone else is a slacker in the same position, that doesn’t mean a whole lot in terms of your personal compensation.
I’ve got several people at my company who hold similar positions and make similar money. Some of them have been here for years, while others are relatively new. I don’t pay people for how long they’ve been in the building, and I don’t want anyone on my team who doesn’t give 100 percent. Now, that may be a different issue than pay, but at the same time I don’t want someone who gives 50 percent and I pay them 50 percent. I want everyone at 100 percent, but that kind of thing isn’t your problem. It’s the company’s problem, because she works for them and not you.
If you honestly feel like you deserve a raise because of your effort and performance, that’s fine. Sit down with your leader and make a logical and reasonable argument for why you deserve more money. But don’t bring up your co-worker and what he or she makes in the discussion. That’s just not relevant. What is relevant is your worth and the value you bring to the organization.
But a comparative analysis with someone else on staff just isn’t a good idea. I’d stay away from that, Vanessa.
—Dave
(Paying the insurance penalty)
Word count: 264
Dear Dave,
My wife and I live in New York, and we’ve had whole life insurance for several years. There’s a seven percent penalty if we cash out the policies now. If we wait a few years, we won’t have to pay into the premiums anymore. Should we cash out the policies anyway?
Brian
Dear Brian,
The reason you won’t have to pay into the premiums anymore is because you built up enough savings, and they are not paying you enough on the savings to amount to anything. The amount they should have been paying you versus the way they were ripping you off will buy the life insurance.
It’s not like you can pay for it because you still have probability of death. As long as there’s a probability of death there’s a cost to life insurance. The only question is whether you’re paying out of your savings account or your checking account. In this case, you’re paying out of savings.
The seven percent figure is just your surrender charge, so I’d get out of that policy soon. Here’s the problem, Brian. If you die today, do you know what they’ll pay? Face value. They won’t pay face value plus the savings you paid for. In other words, you’ll lose your savings.
I’d get term life insurance in place by the end of the week. Compare prices on term, because you’ll be surprised at the difference some companies charge for term insurance. Make sure you get good 15- to 20-year level terms policies valued at 10 to 12 times your annual incomes.
—Dave
* Dave Ramsey is America’s trusted voice on money and business. He has authored five New York Times best-selling books: Financial Peace, More Than Enough, The Total Money Makeover, EntreLeadership and Smart Money Smart Kids. The Dave Ramsey Show is heard by more than 8 million listeners each week on more than 500 radio stations. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com
====================
Dear Dave,
My wife and I are debt-free except for our house, and she would like for us to go ahead and start a family. I make good money, but I’d still like to wait a little longer and add some extra to our emergency fund before taking that step. Who do you think is right in this situation?
Joel
Dear Joel,
Assuming, of course, you’re talking about a reasonable number of children, the old adage is true: if you wait until you think you can afford them, you’ll never have them. You guys have been responsible and are in pretty good financial shape right now. So my thought is have babies if you want babies. Even if your wife told you that she’s pregnant tomorrow you’d still have nine months to add on to your emergency fund.
Your financial situation tells me you’re both responsible people. You’ll be a good provider, and it sound like you’d both make great parents. And the fact is babies are not that expensive. Having kids won’t break your back like lots of people say. You’ve got extra expenses like diapers and baby stuff the first few years, but it’s not going to drive you to the poor house.
Now, if you go to the extreme and have 16 kids, that many baby birds could become quite a financial problem. But for a normal-sized family with a normal-sized income, children do not create a big financial issue. God bless you guys, Joel!
—Dave
(Funding fun after college)
Word count: 249
Dear Dave,
I’m finishing my last semester in college, and I’ve already landed my first real job making $33,000 a year. I’m working on a budget, but I have $15,000 in student loans. This is my only debt, and my parents said I could live at home for a year until I get on my feet, so can I put some fun money into my budget?
Jonathan
Dear Jonathan,
You can, but my advice would be to make it a really small amount until you repay those student loans. The real question is how long you want that debt hanging over your head.
I’m the kind of guy who likes to rip the bandage off. Even if it’s going to hurt a little bit, I’d rather just do it quick and have it done. With the numbers you gave me, and the fact that you’d be living at home for a while, you’d be able to plow through this student loan debt in a hurry. After that, you’d be in an awesome financial position.
My advice is to keep living like a college student. Save every penny, and have no life for just a little while longer. Trust me, the feeling will be amazing when you start life on your own with a good job and no debt. That’s the time to have some fun!
—Dave
* Dave Ramsey is America’s trusted voice on money and business. He has authored five New York Times best-selling books: Financial Peace, More Than Enough, The Total Money Makeover, EntreLeadership and Smart Money Smart Kids. His newest best-seller, Smart Money Smart Kids, was written with his daughter Rachel Cruze, and recently debuted at #1. The Dave Ramsey Show is heard by more than 8 million listeners each week on more than 500 radio stations. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com
