Hemp, Inc. Commends U.S. Senate for Passing Farm Bill with Hemp Legalization After Decades of Prohibition
Spring Hope, NC, June 29, 2018 (GLOBE NEWSWIRE) -- 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 commends the U.S. Senate for passing the 2018 Farm Bill in a 86-11 vote, yesterday June 28, 2018.
Bruce Perlowin, CEO of Hemp, Inc., said, “With Veteran Village Kins Community B-Corporations set up in 8 states so far, the legalization of industrial hemp will now allow these future veteran villages to be built and to flourish - creating more support for our veterans than anyone can possibly imagine.” As described below, the Veteran Village Kins Community is designed to grow hemp, and produce CBD products to benefit veterans as well as generate revenue for Hemp, Inc., the Veteran Village, and individual veterans living in the community as well as creating jobs and income for surrounding communities.
To see daily one-minute video updates on Hemp, Inc.’s ongoing progress, go to Bruce Perlowin’s personal FaceBook page. The top Facebook post shows another semi of processed LCM’s being shipped out and the final planting of one of many fields of hemp being grown this year. We also appreciate and encourage everyone to “like”, “comment” and “share” these historical videos documenting the resurgence of hemp to America and the American small family farmer.
The Senate bill includes provisions that would legalize hemp, removing it from the federal list of controlled substances and allowing it to be sold as an agricultural commodity. The bill would also allow hemp cultivators to receive federal crop insurance. Now that hemp legalization language is included in the Farm Bill approved by the Senate, it will be part of discussions by the bicameral conference committee that will merge both the House and Senate bills into a single piece of legislation to be sent to President Trump's desk for his historic signature, signing the bill into law.
"Consumers across America buy hundreds of millions in retail products every year that contain hemp," Senate Majority Leader Mitch McConnell (R-KY) said in a floor speech on Thursday, reports Forbes. "But due to outdated federal regulations that do not sufficiently distinguish this industrial crop from its illicit cousin marijuana, American farmers have been mostly unable to meet that multi-million dollar revenue for themselves. It has left consumers with little choice but to buy imported hemp products from foreign-produced hemp."
According to Hemp Business Journal, the hemp industry is projected to grow 700% and hit $1.8 billion by 2020.
“The Senate’s passage of the Farm Bill with provisions that would allow hemp to become America’s newest agricultural commodity nationwide is desperately what our farmers need to ensure the profitability of their operations for generations to come,” said Hemp, Inc. CEO Bruce Perlowin. “This action brings us one step closer toward creating a new chapter in our country’s history that will end decades of prohibition that have barred many U.S. farmers from having access to this highly profitable plant.”
Hemp, Inc.’s multi-purpose industrial hemp processing facility in Spring Hope, North Carolina became operational in August 2017 after North Carolina allowed farmers to begin planting hemp seeds for the first time in decades. In August 2017, the company also announced the official launch of its NuAxon Tech CO2 Supercritical Extractor. On Nov. 2, 2017, Hemp, Inc. announced the delivery of its advanced cannabidiol (CBD) hemp oil extraction post-processing equipment, thus completing the company’s hemp oil extraction infrastructure. (That’s our Division #2 - Hemp “extraction” infrastructure).
To capture the booming CBD market, Hemp, Inc.’s long-term strategy is to build the world’s largest hemp oil extraction infrastructure by creating joint ventures with multiple companies to house and operate their CBD extraction equipment in its Spring Hope multi-purpose industrial hemp processing facility and in other locations around the country. This will create a network of extractors as opposed to one giant company trying to dominate the industry. As stated above, there are already Veteran Village Kins Communities B-Corporations already set up in 8 different states because, after all, there are veterans everywhere, and each community will grow their own hemp and will be extracting at the same location to provide bulk CBDs to other companies that are manufacturing their own products.
“We are proud to be on the forefront of the rapidly evolving multi-billion dollar hemp industry,” Perlowin added. “We had the foresight to create our hemp manufacturing and processing infrastructure in North Carolina that is the largest in North America and ready to service hemp growers nationwide. We actually started that project 3 ½ years before hemp became legal in North Carolina and that strategic move is now paying off in spades.”
Hemp, Inc. also recently announced that its strategic hemp-growing partner Veteran Village Kins Community Arizona, Inc., had completed installation of the solar and wind-powered energy system for its 500-acre demonstration Veteran Village Kins Community in Golden Valley, Arizona. The Veteran Village Kins Community is designed to grow hemp, and produce CBD products to benefit veterans as well as generate revenue for Hemp, Inc., the Veteran Village, and individual veterans living in the community as well as jobs and income for surrounding communities.
To see Bruce Perlowin’s latest Facebook video update on the 160-acre grow for each of the 160-acre Kins Domains to be built on each 500-acre Kins Community in states all over America and the world, click here.
Dozens of master growers, from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, of course, Arizona, companies and organizations have 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," where each grower will be growing 5 acres. Interested master growers, from around the country, should contact Project Manager, Dwight Jory at ecogold22@gmail.com.
“While our First Friday Tours of our industrial hemp processing facility for Hemp, Inc. shareholders are only held once a month, tours of the Veteran Village Kins Communities are open to anyone at anytime. People can even bring their motorhomes or tents and camp out to volunteer and help build the first Veteran Village Kins Community in America. We’ll also be offering training classes, through our Hemp University, on how to build hemp-crete homes. It’s the perfect place and time to spend a part of your summer vacation,” says Perlowin.
For a more complete description, read the following, modified, 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.
As soon as the live streaming video cameras are up and operational (scheduled near the end of July 2018), the world can actually see the way the Veterans Village Kins Community is designed and watch it being built. According to Perlowin, the basic framework or overall plan of the Veterans Village Kins Community is designed to heal veterans with PSTD, alcoholism, meth addition, 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.
We will also be building hemp-growing communities for other groups such as “Abused” Women & Children Village Kins Communities, the “Orphaned” Children Village Kins Communities, “Homeless” Village Kins Communities and the “Healers” Village Kins Communities (the healers are professionals who are knowledgeable in the modalities to treat these traumatized groups). These particular communities are all dependent upon one another and work simultaneously supporting each other. For example, the “Healers” heal the traumatized veterans and women & children; the women support orphan children and orphan children want to see people living in homes and not homeless. Thus, a portion of the hemp grown in each community goes to create and support another community, giving everybody a sense of giving back and helping others as they help themselves. This circles back to the healers who also work to heal the veterans and the other traumatized groups. This is the economic foundation on how the sale of the hemp products operates as a “quantum economic matrix” or an example of “symbiotic economics” which is more complex than this brief description allows.
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 40x40-ft organic vegetable gardens have been planted and are currently producing food and kenaf, according to Jory. These organic gardens double as experimental growing modules using an entire array of different growing technologies to see which modalities grow the best in a desert environment. 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).
One thousand trees, on 36 of the 500-acres, have also been planted, with an additional 1,000 trees on order. 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.
"As Hemp, Inc. positions itself on the forefront of America's industrial hemp revolution, we see our partnership with 'Veteran Village Kins Community Arizona, Inc.' being paramount in supporting the small family farm movement that we are confident will reshape the American landscape," said Perlowin. "As we work toward getting our eco-village up and running in Arizona, we are also aggressively scouting strategic locations in other states including North Carolina, South Carolina, Florida, Georgia, Kentucky, Tennessee and West Virginia. Giving veterans and other Americans a place to learn new skills and take part in this multi-billion-dollar hemp CBD market is very exciting. It's a big part of our mission to give back. Recently we have expanded our Kins Community concept internationally focusing, but not limited to, Israel, New Zealand, Canada, Africa, and Uruguay."
According to Perlowin, we hope to have 50 "master hemp growers" working on their first Veteran Village Kins Community in Arizona. To date, we have growers from Oregon, Colorado, California, Kentucky, North Carolina, Nevada and, Arizona who have expressed an interest in pursuing a joint venture with Hemp, Inc. to each grow industrial hemp on 5 of the 300 fenced acres in Arizona. Perlowin says he'll call this "The Great United American Hemp Project." Any grower having an interest in pursuing a joint venture on 5 of the 300 fenced in acres in Arizona should contact Dwight Jory. Or, anyone interested in attending the 2 – 7 day hands-on hemp-crete house building should contact Dwight Jory as well. (Dates to be determined.)
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)
https://investorshangout.com/Hemp-Inc-HEMP-87248/ (Investor’s Hub)
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. Recently, Hemp, Inc. CEO Bruce Perlowin and Freedom Leaf, Inc. (OTCQB: FRLF) CEO Cliff Perry met in Las Vegas to begin structuring business opportunities, joint ventures and strategic alliances which will be announced in upcoming press releases. Stay tuned for updates on these upcoming projects.
"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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3 Surprises To Watch Out For When
Paying For Long-Term Care
More than 70 percent of Americans over the age of 65 will need long-term health care services, according to the U.S. Department of Health and Human Services. Yet, according to the Employee Benefit Research Institute, only 13 percent of those who received professional home health care had long-term insurance policies, which can protect seniors from high out-of-pocket costs.
“There is a wide gap of people without long-term care insurance (LTCI), and some of the alternatives carry little-known laws and legal liabilities that can pose a problem to the care recipient and their family, says Chris Orestis, Executive Vice President of GWG Life (www.gwglife.com) and author of the books Help on the Way and A Survival Guide to Aging.
“The growing long-term care funding crisis has brought lawsuits and mandated claw-back actions against families in attempts to recover monies spent on long-term care,” Orestis says. “There is a growing need for consumers to consider all their available financial options to fund long-term care, and that can include selling a life insurance policy.”
“Often the weight for long-term care falls on the family, and they need to avoid a financial surprise that can come late in life for their loved ones.”
Orestis shares three key things people should know about alternative ways of covering long-term care and possible problems those can present down the road:
About Chris Orestis
Chris Orestis, Executive Vice President of GWG Life (www.gwglife.com), has more than 20 years of experience in the insurance and long-term care industries and is nationally recognized as a healthcare expert and senior care advocate. He is a former Washington, D.C. lobbyist who has provided legislative testimony; the author of two books: Help on the Way and A Survival Guide to Aging; a frequent columnist with a currently popular series titled "The Healthcare Hunger Games"; and has been a featured guest on over 50 radio programs, in The New York Times, The Wall Street Journal, USA Today, Kiplinger’s and Investor’s Business Daily, and on PBS as well as numerous other media outlets.
