Hemp, Inc. (HEMP)

hempsymbolHemp, Inc., formerly known as Marijuana, Inc., supplies products, information, and services related to the medical marijuana industry. The company’s hemp-based products include cosmeceutical and nutraceutical products. Herbagenix supplements are among the hemp-based nutrition products developed and manufactured by Hemp, Inc. The supplements in Herbagenix product line have sufficient amounts of active ingredients to deliver the necessary effects and improved overall wellness.

The services offered by Hemp, Inc. are proprietary software for processing of transactions, loyalty program, social network management, MIS, and production of video content that deals with current events related to the industry. The company’s quest for content production has led to the creation of MarijuanaInc.TV website that produces high quality in-house production and offers controversial insights into the world of hemp and cannabis.

Hemp, Inc., a company based in Las Vegas, Nevada, also provides information through its website that contains news, entertainment, issues, and education on medical cannabis issues. Their recently launched website is MarijuanaIncorporated.com. The company is committed to educating the public about hemp by quantifying the differences between marijuana and hemp, and not by disassociating hemp from cannabis.

Since the inception of the company in 2008, the company has developed a diversified business plan. As the company continues to grow, they reached the point where they need to narrow their focus. Many divisions of Hemp Inc. have developed very promising products that no longer match the company’s direction. Instead of missing the opportunity by closing these divisions, the Hemp, Inc. management chose to spin-off these companies.

Separating the spin-off companies from Hemp, Inc. would allow expert management teams in different industries to take over these companies, while Hemp, Inc. focuses on the hemp market for quick growth, and shareholders are given a percentage in the spin-off companies.

Hemp. Inc. is a publicly traded company under the stock symbol HEMP. Part of the company’s vision is foreseeing the potential benefits of industrial hemp and recognizing the profits in the rapidly growing medical marijuana industry.


Yahoo! Finance: HEMP News

Latest Financial News for HEMP

Hemp, Inc. Releases its 2018 Annual Report Showing Massive Revenue Increase Over Previous Year

Spring Hope, NC, April 18, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK: HEMP) today reported financial results for the quarter and full year ending December, 31, 2018.  A global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, Hemp, Inc. showed over an 1,800% increase in sales from previous year 2017. The industrial hemp industry and Hemp, Inc.’s foothold in that industry continue to grow,” said Bruce Perlowin, CEO of Hemp, Inc. (HEMP).  “We’ve fundamentally changed how we run our company to focus on building a hemp infrastructure since none existed previously.  We’ve invested heavily to build this infrastructure, which currently consists of 9 divisions, as you’ll read below.

Aurora Cannabis to buy the Hempco Food and Fiber shares it doesn't own for 14% premium

Canada-based Aurora Cannabis Inc. announced Tuesday an agreement to buy the Hempco Food and Fiber Inc. shares it doesn't already own in a deal that values Hempco at C$63.4 million ($47.4 million). Aurora's U.S.-listed shares rose 0.7% in premarket trade, after falling 4.2% on Monday to close at a 1-month low. Under terms of the deal, Aurora will pay C$1.04 for each of the 48% of Hempco shares outstanding that it doesn't own, which is 14% above Monday's closing price. "This transaction will enable us to fully integrate Hempco and its new Nisku processing facility into Aurora's global hemp operations including Agropro, Borela and ICC," said Aurora Chief Executive Terry Booth. "Our goal is to strengthen our CBD-from-hemp supply chain as well as our hemp business of hemp-based superfoods, nutraceuticals and fibers." Aurora's stock has run up 71.6% year to date through Monday, while Hempco shares have lost 13.3%, the ETFMG Alternative Harvest ETF has rallied 35.9% and the S&P 500 has gained 15.9%.

Hemp, Inc. Reports Oklahoma Next to Allow Commercial Production of Industrial Hemp

SPRING HOPE, NC, April 16, 2019 -- via NEWMEDIAWIRE – Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers including.

Hemp, Inc. Subsidiary, The Hemp University, Announces 2nd West Coast Hemp Farming Workshop in Ashland, Oregon and More Seminars Coming to Arizona

SPRING HOPE, NC, April 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, announced today the second Oregon-based Hemp University will take place at Southern Oregon University at 1250 Siskiyou Blvd, Ashland, OR 97520, on Saturday, May 4, 2019. The second Hemp University in Oregon is a Pre-Planting Support Workshop that will be held from 12:00pm to 6:00pm PST and will feature a keynote speaker and three 90-minute master classes followed by a question and answer session.

Hemp, Inc. CEO Bruce Perlowin Featured in Forbes Discussing Tobacco Farmers Who are Turning to Industrial Hemp

SPRING HOPE, NC, April 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, announced today that CEO, Bruce Perlowin, was interviewed by Forbes to discuss the trend of farmers who once grew tobacco switching to hemp. The article also mentions Hemp, Inc. strategic partners’ utilization of repurposed tobacco farming equipment that is utilized to plant hemp and clones in rows that are 12 wide and can cover 10 acres in 45 minutes. As mentioned in the article, the global industrial hemp market is expected to be worth more than $10 billion dollars by 2025.