Hemp Operations Picking Up Steam In Cannabis & Agricultural
Industries With Demand For Hemp-Based Products Continuing To
Skyrocket at a Brisk Pace
Coral Springs, FL -- May 4, 2016 -- As the U.S.
continues to develop and import a vast of amount of hemp based
materials & products, the conversations around hemp are
changing as supply and demand for industrial hemp products present
impressive growth opportunities for developers and operators.
Hemp/Cannabis companies with current developments of note in the
markets today are Hemp, Inc. (OTC: HEMP), Medical Marijuana, Inc.
(OTC: MJNA), Terra Tech Corp. (OTC: TRTC), CV Sciences, Inc. (OTC:
CANV) and Greengro Technologies, Inc. (OTC: GRNH)
Hemp, Inc. (OTC: HEMP) executives announce that its wholly owned
subsidiary, Industrial Hemp Manufacturing, LLC (IHM), a soon-to-be
leading producer of quality natural fiber and other cellulose based
products for major growth markets, is set to release its first
product in the marketplace... an environmentally friendly
absorbent, SpillSuck. The super absorbent biodegradable material is
made from the core of kenaf and hemp plants and is one of the
world's most absorbent natural materials used primarily for oil,
chemical and other liquid spills. David Schmitt, COO of Industrial
Hemp Manufacturing, LLC, informed Hemp, Inc. executives that the
company's first 25,000 pounds of SpillSuck are in the final stages
of packaging, after which the product will be ready for
market. "This is a big deal for Hemp, Inc. (OTC PINK: HEMP)
because this is our first environmentally friendly
product-to-market from our decortication plant in Spring Hope,
North Carolina. While our subsidiary, IHM, has been making
excellent progress in getting our decortication plant fully
operational, we are extremely pleased we were able to churn out the
first 25,000 pounds of SpillSuck from the mill portion of our
facility to go to market," said Bruce Perlowin, CEO of Hemp,
Inc.
Read the full Hemp Inc. (HEMP) Press Release
at: http://www.financialnewsmedia.com/profiles/hemp.html
According to Schmitt, twenty-five thousand pounds are currently
being bagged for market delivery. "In the next 2 to 3 weeks, we
expect to have another 100,000 pounds ready and 2 - 3 weeks after
that, we expect to have 50,000 pounds ready for market delivery.
Once in full production, our target is one to three million pounds
per month," says Schmitt... Also... With an array of natural,
environmentally friendly products to come and the largest
commercial decorticating plant in the United States, Hemp, Inc. has
positioned itself as a leader in the agricultural industrial hemp
industry that has emerged. As Americans continue to gravitate
toward more sustainable living, the benefits of industrial hemp are
undeniable thus causing the industry to grow by leaps and bounds.
So much so that the industry birthed its first business journal.
The inaugural issue was published in January, 2016... a clear
indication of the growth, desirability and maturity of the
industrial hemp industry.
In other Hemp/Cannabis operations, news and recent
developments: Medical Marijuana, Inc. (OTC: MJNA) recently
announced that the Company and its portfolio company HempMeds
participated as exhibitors and speakers at the U-T's Successful
Aging Expo on Saturday, April 30 in San Diego. An estimated
8,000-10,000 was expected to attend the event, which is focused on
education, entertainment and healthy aging solutions. Dr. Stuart
Titus, Chief Executive Officer of Medical Marijuana, Inc.,
presented on cannabis-based anti-aging research and information on
cannabinoids such as THC and CBD that are capturing global news
headlines. Dr. Titus also provided insightful facts about
non-psychoactive hemp cannabidiol (CBD)-based solutions available
to any consumer without a medical marijuana card.
Terra Tech Corp. (OTCQX: TRTC), a vertically integrated,
cannabis-focused, agriculture company, announced that its
subsidiary Edible Garden, is retailing vitamin and dietary
supplement lines throughout the U.S. as part of its ongoing
strategy to expand into additional areas of the healthy living
industry. Edible Garden's offering now includes the following
brands : VitaminWay, Vitamin Whey Protein, SlimTrim, Surgex Sports
Nutrition, OmEssentials and Bikini Ready . These brands have an
industry leading reputation for quality, which is built on strict
adherence to exacting standard of control and regulatory compliance
with the FDA's GMPs and NCAA regulations. These vitamins and
dietary supplements are already sold in over 5,000 major food,
drug, mass and specialty stores across the U.S.
CV Sciences, Inc. (OTCQB: CANV), a company that develops
products containing the hemp plant extract cannabidiol (CBD) as the
active pharmaceutical ingredient while it also engages in the sale
of CBD, as well as the development, marketing, and sale of end
consumer products containing CBD, which is refined into its own
PlusCBD Oil brand, recently reported financial results for the year
ended December 31, 2015. "CV Sciences expanded its corporate
mission during 2015, culminating with the acquisition of CanX,
Inc., a Florida-based drug development company ("CanX Acquisition")
in December 2015. The CanX Acquisition allows the Company to be
positioned both as a specialty pharmaceutical company focused on
developing and commercializing novel therapeutics utilizing
synthetic Cannabidiol ("CBD"); and, to continue our existing
consumer product business segment in manufacturing, marketing and
selling plant-based CBD products to a range of market sectors,"
stated Michael Mona, Jr., chairman and CEO of CV Sciences. "Our new
pharmaceutical development program builds on our reputation,
experience and expertise in CBD to leverage the attributes of CBD
to the prescription drug market," continued Mr. Mona. "Our consumer
products business segment continued to expand during 2015.
Distribution of our branded products increased to 340 retail
locations as of December 31, 2015. Our leadership in educating the
market about CBD as a dietary supplement, beauty care product, and,
as an ingredient for numerous other products from pet foods, vape
products and specialty beverages, continues to grow," continued Mr.
Mona. "We made excellent progress with sales of $11.5 million for
the year ended December 31, 2015 compared to sales of $10.2 million
for the year ended December 31, 2014." Read the full report
at http://finance.yahoo.com/news/cv-sciences-inc-reports-financial-221236394.html
Greengro Technologies, Inc. (OTC: GRNH), a world class provider
of ecofriendly green technologies, announced recently that it has
acquired growcameras.com, a revolutionary way to monitor crop
health. The Grow Camera is a self-contained, WiFi enabled, five
megapixel NDVI camera and temp/humidity sensor. It can be used with
most modern DVR equipment that support networked cameras while also
featuring monitoring capabilities through Android, iOS, or Windows
devices using the mobile application. The Grow Camera NDVI
technology is traditionally used in space imaging and weather
satellites, and can be used to quantify vegetation health and
provide an early indicator to problems in the grow room. As
part of the growcamera.com acquisition, Greengro
Technologies, Inc. (OTC PINK: GRNH) has also acquired technology to
integrate temperature, humidity, CO2, pH, TDS, DO, and light
sensors with a database for M&C (Monitor and Control)
capability which will be integrated into the company's existing
horticultural offerings of modular gro rooms and light dep
greenhouses.
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