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Hemp, Inc. Featured in Forbes, The Oregonian and Additional News Outlets as U.S. Farm Bill Heads to President’s Desk

The President is Set to Sign the 2018 Farm Bill at 2:30 EST Today

Spring Hope, NC, Dec. 19, 2018 – Hemp, Inc. (OTC PINK:HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers including the largest multipurpose industrial hemp processing facility in the western hemisphere (in Spring Hope, North Carolina), announced today that the company has been at the center of news coverage regarding the 2018 Farm Bill that includes language legalizing industrial hemp. The $867 billion bill recently passed in both the House and Senate, and next needs to be signed into law by the U.S. President.

In addition to the company’s operation in Spring Hope, North Carolina, Hemp, Inc. also has one of the most sophisticated post hemp local processing centers in Medford, Oregon, and a 4,500-acre hemp growing eco-village in Golden Valley, Arizona.

“It is no surprise that the legalization of hemp is creating a media whirlwind – and Hemp, Inc. is at the center of it,” said Hemp, Inc. CEO Bruce Perlowin. “This signifies a momentous occasion in U.S. history. Our multi-state operations allow us to work with farmers across the nation, and we are confident this legislation will be a boon for the small family farm and U.S. economy as a whole.”

Some expect the global industrial hemp industry to hit $20 billion by 2022. Until recently, the U.S. has imported on average $100 million worth of hemp products each year, according to Congressional Research Service. Legalization will allow American farmers and companies to tap that market.

Recent news coverage including comments from Hemp, Inc. CEO Bruce Perlowin about the impact legal hemp will have on the U.S. economy and farmers nationwide include:

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Richard Lowe

Richard Lowe is a 14-year veteran of the financial sector with licenses as a commodity broker (Series 3) and investment advisor representative (IAR Series 65). Along with a focus on raising capital for the firms he was employed with, he also wrote and edited much of the content published by them. He holds a BA in Journalism from the University of Massachusetts. He has been a longtime advocate for marijuana legalization due to the social injustices associated with marijuana prohibition and the strong potential for the medicinal benefits of cannabis.

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