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 signed an agreement with Greene
Concepts, Inc. (OTC:LKEN), an ink technology manufacturing and
distribution company. Under the terms of the Agreement, IHMMCC will
provide professional consulting services in an effort to help
source hemp-based products, including hemp-based ink, hemp paper
and other industrial hemp related products for their "hemp-centric"
website, The Hemp Exchange (http://hemp-x.com), as it expands into
the industrial hemp industry.
"Hemp, Inc. has been evaluating products in this industry for
the last 5 years. We have a vast resource of companies that
produce hemp products that can enhance The Hemp Exchange portal and
we have close relationships with these companies. Our industry
contacts are second-to-none and we look forward to making the The
Hemp Exchange one of the largest hemp portals on the planet, and
creating significant revenues for Greene Concepts, Inc. while doing
it," said Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP). (Companies
interested in marketing their hemp products on Green Concepts' Hemp
Exchange should contact Hemp, Inc. as soon as possible.)
The Hemp Exchange is an online destination for hemp-related
products and services that serves as a central location point for
industrial hemp producers, manufacturers, consumers and experts
alike.
Per the agreement, Greene Concepts, Inc. will pay an initial
professional consulting fee of 35,062,216 shares of their common
stock and then for each renewable term of the Agreement (a total of
3 years) an additional 11,570,531 common shares made payable to
Hemp, Inc., on a quarterly basis. Based on the market closing price
day before yesterday, the agreement is projected at approximately
$596,057 down with approximately $2,956,446, worth of stock, over
the course of 3 years, in addition to a cash component of $50,000
per month for a cash total amount of $1,800,000 over the course of
3 years in profit for Hemp, Inc.
Our consulting division, IHMMCC, has far outstripped Hemp,
Inc.'s other divisions in profitiability and has turned out to be
an enormous economic goldmine for Hemp, Inc. and for its current
and future shareholders," said Perlowin. "In just this month alone,
we have not only made an exorbitant amount money but we've created
ongoing revenues for the next 3 years. We are also in the
midst of negotiating consulting contracts with numerous other
companies which will be announced as these contracts are
finalized."
The agreement with Green Concepts, Inc. (OTC: LKEN) is creating
substantial revenue for Hemp, Inc.'s first quarter and a stable
3-year quarterly revenue, adding great value to Hemp, Inc.
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 can help lead the
way. Hemp, Inc. executives say their subsidiary has been
inundated with potential consulting agreements from companies
seeking to capitalize in this multi-billion dollar industry tha is
spurring ecological and economic benefits.
To keep pace, Hemp, Inc. implemented a "Hemp Ambassador" system,
whereby the "Hemp Ambassador" works hands-on with each
company. Perlowin says the "Hemp Ambassadors" create a sense
of a "Community of Companies" all working together to pool their
resources, marketing connections and strategies in order to help
all the companies grow simultaneously. Thus far, the public
companies included within Hemp, Inc.'s "Community of Companies"
include VaporBrands International, Inc., Resource Ventures, Inc.,
Dewmar International BMC, Inc., WebXU, Inc.
"We feel the extensive time and effort it would take to source a
wide variety of hemp products for our hemp-centric portal (The Hemp
Exchange) will be dramatically reduced due to IHMMCC's invaluable,
personal relationships with their vast network of industry
companies that have already been in the industry for years. Those
relationships that have been fostered and cultivated over the years
are beyond calculable value for industry newbies," said Lenny
Greene, CEO of Greene Concepts, Inc. (OTC:LKEN).
Greene Concepts, Inc. is looking forward to taking advantage of
the industry's explosive growth and stock feeding frenzy. "We
strongly believe the return on our investment will yield huge
profits for our company and for current and future shareholders,"
concluded Lenny Greene, CEO of Green Concepts, Inc.
In a recent Hemp, Inc. release, Perlowin was quoted saying, "The
medical marijuana, recreational marijuana, and industrial hemp
industries are emerging out of the shadows of illegality and the
quote 'black market' and into the limelight of a legitimate and
legal industry, reminiscent of America's first prohibition and post
prohibition economic opportunities."
"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 arena.
ABOUT HEMP, INC.
Hemp, Inc. (OTC:HEMP) focuses on the vast market created by the
quickly emerging, and growing, multibillion dollar industrial hemp
industry. Hemp, Inc. (OTC:HEMP) is not involved in the cultivation
or marketing of medical marijuana. It is the company's belief that
legalization of hemp in all 50 states and at the federal level
(which is now possible with the passage of the 2014 Farm Bill)
will come to pass. With that in mind, the company is building
infrastructure with the potential to gain substantial market share
before and after industrial hemp prohibition totally ends. (Pending
any federal licensing or other requirements, that may be enacted
after hemp prohibition totally ends). To see Bruce Perlowin on
Bloomberg TV discussing industry realities visit Bloomberg TV.
About Greene Concepts, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is an ink
technology Manufacturing and Distribution Company headquartered in
Fresno, CA. Chairman and Founder Lenny Greene has spent the past 30
years serving the printing needs of businesses and consumers.
Greene Concepts intends to be the catalyst for the introduction of
a number of innovative products and marketing strategies, including
its announced hemp-centric website, and to bring the world the best
products at the lowest prices so consumers and business can save
time, save money, print more and print better.
ABOUT THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA
CONSULTING COMPANY, INC.
The Industrial Hemp and Medical Marijuana Consulting Company
(IHMMCC) is a wholly owned subsidiary of Hemp, Inc. (OTC:HEMP) that
pulls industry information from a vast network of specialists that
consists of other public and private companies, public company
CEOs, bankers, investors, lawyers, industry analysts and experts,
and non-profits connected to the industry. IHMMCC is entrenched in
all the multi-faceted opportunities in the medical marijuana and
Industrial Hemp industry. (www.HempInc.com)
Hemp, Inc.'s TRIPLE BOTTOM LINE
Hemp, Inc. (HEMP) seeks to benefit many constituencies, not
exploit or endanger any group of them. Thus, the publicly-traded
company believes in "upstreaming" of a portion of profit from the
marketing of their finished hemp goods back to its originator. By
Hemp, Inc. focusing on comprehensive investment results—that is,
with respect to performance along the interrelated dimensions of
people, planet, and profits — our triple bottom line approach can
be an important tool to support sustainability goals.
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.
http://www.herbagenix.com (hemp-based
supplements division) |
http://www.basichemp.com (hemp protein with
enhanced nutritionals) |
http://www.mjlover.com (MJ Lover for Him; MJ
Lover for Her) |
http://www.hempinc.tv (media and
entertainment
division) http://www.marijuanaincorporated.com |
http://www.marijuana.tv (educational
site) |
http://www.cartelblue.com (eco-friendly
clothing) |
http://www.ecoharmonycard.com (loyalty card
sustainable fundraiser for non-profits) |
http://www.supportpatchadams.com (hemp
gemstone candles and fundraiser for patch adams) |
CONTACT: phone:1-855-HEMPOUT
email:info@hempincsupport.com
http://www.hempinc.com
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