Hemp, Inc., today announced a 58.3-percent increase in
third-quarter sales for the period ended September 30, 2015, as compared to the
second quarter.
“The industrial hemp industry is really booming. More states
are beginning to realize it is more advantageous for them to legalize it. As
you know, North Carolina, home to our industrial hemp commercial decortication
facility, legalized hemp. Farmers in North Carolina now have the option to
cultivate hemp crops with easy access to Hemp, Inc.’s (OTC PINK: HEMP)
multipurpose industrial hemp commercial processing facility,” Hemp, Inc. CEO
Bruce Perlowin stated in the news release.
Hemp, Inc. calls the legalization of industrial hemp in
North Carolina a “game changer” for the company, directing it toward more
advanced processing in the milling line. Perlowin said the company will
continue to market its hemp-based cosmeceutical and nutraceutical product line
and that “In terms of generating profit, our multipurpose industrial hemp
processing facility in Spring Hope, North Carolina, by far outweighs any sales
revenue generated from our product line, which is why we feel it best to shift
focus.”
As the industry continues to grow, Hemp, Inc. said it
expects to generate millions of dollars per year pending the completion of its
multipurpose industrial hemp processing plant that vertically integrates
growing, decortification, milling, and more.
For more information visit www.hempinc.com
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