Hemp, Inc.'s (OTC:HEMP) wholly owned subsidiary, The Industrial
Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), is
pleased to announce that it has formed a strategic partnership via
a signed Consultant Agreement with Hollund Industrial Marine, Inc.
(OTC:HIMR), a natural resource project management company with a
keen focus on underwater forestry. The company's interest in the
multi-billion dollar industrial hemp industry peaked while
participating in North Cal Wood Products, Inc.'s market research
study on the benefits of hemp and how it can be cultivated in
aquaponic systems to enhance the sustainability and profitability
of its underwater timber projects. After which, Hollund
Industrial Marine, Inc. sought the guidance of industrial hemp
leader and innovator, Hemp, Inc. (OTC:HEMP).
Per the Agreement, Hemp, Inc.'s subsidiary, IHMMCC, will advise
Hollund Industrial Marine, Inc. on market strategies, specifically
in areas favorable to industrial hemp cultivation that also have
viable underwater timber projects. According to Hollund
Industrial Marine, Inc. (OTC:HIMR), such areas include France,
Canada and China. As part of the industrial hemp movement, IHMMCC
will also help HIMR market their product line of recovered wood to
individuals, institutions and organizations, as well as more
traditional channels of distribution, in the industrial hemp
communities and marketplace. In addition to marketing strategies,
IHMMCC will also provide support and direction with press releases
and general business guidance for Hollund Industrial Marine, Inc.
as the company navigates the industrial hemp industry.
"Hollund Industrial Marine, Inc. is not only an innovative
leader in its industry... it will be the first company to
incorporate industrial hemp fibers into the production process of
its underwater timber operations," said Bruce Perlowin, CEO of
Hemp, Inc. (OTC:HEMP). According to Hollund's CEO, Peter
Meier, "Combining wood waste, which would otherwise end up in
landfills, with industrial hemp, insures a positive impact on the
environment; partly by helping to reduce carbon emissions."
Executives from both Hemp, Inc. (OTC:HEMP) and Hollund
Industrial Marine, Inc. (OTC:HIMR) believe incorporating industrial
hemp fibers will greatly sustain underwater timber projects.
Typically, as dams are built, massive areas of forest are often
submerged under water leaving the vegetation unproductive and
eventually decaying. According to Hollund's website
(www.HollundIndustrial.com), there are a reported 50,000 large
hydro dams around the world with more in construction.
This presents a huge, high-profit, opportunity for Hollund to
"apply its minimal-impact harvesting practices to underwater timber
recovery" because the market is virtually untapped.
The company's project team is currently in Panama overseeing the
logistics of its Bayano project, which covers 2,400 acres of the
total 85,000 acres encompassing Bayano reservoir. According to
Hollund's CEO, Peter Meier, incorporating one of earth's most
valuable, natural resources with a patented machine technology for
underwater timber recovery could prove to be the best move
yet. Sustaining such a massive undertaking will, however,
yield very high profits... a great incentive for potential
investors and an added benefit for current shareholders of
HIMR.
The mutually beneficial partnership with IHMMCC will not only
increase revenues for Hollund Industrial Marine, Inc. (OTC:HIMR),
it will also advance the production process making Hollund not only
an industry leader but a pioneer.
According to Perlowin, Hemp, Inc.'s subsidiary, The
Industrial Hemp and Medical Marijuana Consulting Company, Inc.
(IHMMCC), is well-entrenched and connected in the industrial hemp
sector. As the country transitions to embrace more sustainable
agriculture practices, public companies want to expand into the
industrial hemp industry and IHMMCC is leading the way. Hemp, Inc.
executives say their subsidiary continues to be inundated with
potential consulting agreements from companies seeking to
capitalize in this multi-billion dollar industry that is spurring
ecological and economic benefits.
"The Industrial Hemp and Medical Marijuana Consulting Company,
Inc." pulls industry information from a vast network of specialists
that consists of other public industry, public and private
companies, public companies' CEOs and networks of experts, bankers,
investors, lawyers, other consultants, industry analysts, and
non-profits connected to this industry as well as the traditional
industry experts in all areas of the various business opportunities
the industry presents. The unrivaled wealth of knowledge and
experience is attracting companies looking to diversify and expand
into the industrial hemp and medical cannabis arena.
ABOUT HEMP, INC.
Hemp, Inc. (OTC:HEMP) focuses on the vast market created by the
growing, multibillion dollar industrial hemp industry and strives
to be the most diversified company in the sector. Hemp, Inc.
(OTC:HEMP) is not currently involved in the cultivation or
marketing of medical marijuana. It is the company's belief that
legalization of Industrial Hemp in all 50 states (which is now
possible with the passage of the 2014 Farm Bill) will come to pass.
With that in mind, the company continues to build infrastructure
with the potential to gain substantial market share before and
after Industrial Hemp prohibition totally ends.
ABOUT HOLLUND INDUSTRIAL MARINE, INC.
Headquartered in Blaine, WA, Hollund Industrial Marine Inc.
(OTC:HIMR) seeks to align the interests of businesses, communities,
utilities and governments by offering an integrated business model
for underwater forest management. Hollund's model -- including
resource and needs assessment, permitting, environmental and
project planning, logging, milling, product branding and sales adds
value for our shareholders, our partners and reservoir based
communities.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
(the "ACT"). In particular, when used in the preceding discussion,
the words "estimated," "believe," "optimistic," "expect," and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the ACT and are
subject to risks and uncertainties, and actual results could differ
materially from those expressed in forward-looking statements. Such
risks and uncertainties include, but are not limited to,
unfavorable market conditions, increased competition, limited
working capital, and failure to implement business strategies,
actions by regulatory agencies, and other risks.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934, and is subject to the Safe Harbor
created by those sections. This material contains statements about
expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties.
Such forward-looking statements by definition involve risks,
uncertainties and other factors, which may cause the actual
results, performance or achievements of Hemp, Inc. to be materially
different from the statements made herein.
CONTACT: phone: 1-855-HEMPOUT
email: info@hempincsupport.com
http://www.hempinc.com
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