It’s been awhile since we last talked about Hemp Inc (OTCMKTS:HEMP), and just coming down the newswires is a big development for the company. HEMP has announced that after 3 1/2 years, millions of dollars spent on purchasing, disassembling, transporting, reassembling, rebuilding, refurbishing, beta testing and debugging, the largest multipurpose industrial hemp processing facility in the Western Hemisphere is now operational and is processing its first product.
The milestone coincides with Hemp, Inc.’s installation of its NuAxon Tech CO2 Supercritical Extractor, the planting of hundreds of acres of industrial hemp and high CBD hemp in North Carolina, Kentucky, Colorado, Nevada, and Oregon, and the successful establishment and ongoing monthly hemp educational seminars via The Hemp University at Louisburg College in Louisburg, North Carolina. Executives were ecstatic to see the mill processing and packaging for the first time after a laborious 3+ years.
Bruce Perlowin, CEO of Hemp, Inc. (OTCMKTS: HEMP), stated, “We will now begin marketing efforts in earnest. However, we have some very huge, potential orders that we have been in discussion with lately including one very large company that wants to purchase the entire productive capacity of our mill’s capabilities including expanding to double or triple its current capacity.”
Hemp, Inc.’s 70,000 square foot industrial hemp processing facility, on over 9 acres in Spring Hope, North Carolina, is the only one of this magnitude in North America.. Based on a variety of factors, Perlowin believes North Carolina is strategically positioned to be the largest hemp producing state in America by 2018. However, Kentucky and West Virginia (where Perlowin is currently traveling visiting hemp growing sites) will join this industrial hemp hub along with Virginia, Pennsylvania, New York, Tennessee, South Carolina, and Georgia. Most of these states were historically considered the hemp hub of America.
To see the video of America’s largest hemp processing facility and 60-foot silo installation, click here. To see the video of the largest hemp mill in the western hemisphere, click here. To see the Hemp, Inc. mill in operation and processing product, visit Bruce Perlowin’s personal Facebook page and scroll down to August 1, 2017.
CEO Bruce Perlowin is also exploring the possibilities of developing “Hemp Growing, CBD Producing Veteran Village Kins Communities” in North Carolina, Florida, Kentucky and several other states similar to the 500-acre demonstration community being built in Arizona. He currently has 4,500 acres (and counting) of land north of Kingman, Arizona where he’s building a Veteran Village on 500 of those acres that would consist of 160 lots of 2 1/2 acre parcels for Kins Domains (eco-villages). Each parcel would grow 1 acre of hemp as well as having organic gardens, natural beehives, a pond, a living fence and other elements that make up a Kins Domain.
An additional 100 acres of hemp will be grown in each one of these 500-acre communities which will also include a 100,000 square-foot hemp (CBD) processing facility and a 10 acre holistic and learning center designed to treat and retrain veterans. The revenue from fifty of those acres is used to support that community. The revenue from the other fifty acres of hemp will be used to purchase 2 additional 500-acre parcels of land, thus keeping up with the needs of a large number of veterans that exist now and in the future. (Source: Marketwired)
HEMP followed through with its long-awaited production facility, so we have little reason to doubt that these eco-villages will become a reality as well. Stay locked to Street Register for updates, and we’ll deliver important developments on HEMP as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in HEMP stock, short or long.