LAS VEGAS, Feb. 7, 2014 (GLOBE NEWSWIRE) -- 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 Resource Ventures, Inc. to provide consulting services in an effort to help guide them in their plans of expanding into the industrial hemp industry. According to the agreement, Resource Ventures, Inc. (OTC:REVI) will receive professional consulting services in the Industrial Hemp/Medical Marijuana Industry, specifically in the areas of sales and marketing strategy, press releases, public company venues and overall general industry specific business guidance, on a continual basis, for the term of the agreement.
Per the agreement, Resource Ventures, Inc. will pay an initial professional consulting fee of 30 million shares of their common stock and then for each term of the Agreement (a total of 3 years) an additional 10 million shares made payable to Hemp, Inc., on a quarterly basis. "This agreement has created substantial revenue for Hemp, Inc.'s first quarter. It also creates a stable 3-year quarterly revenue, adding great value to Hemp, Inc. and its shareholders," said Bruce Perlowin, CEO of Hemp, Inc. Hemp, Inc.'s IHMMCC also has a similar agreement with Dewmar International with similar terms. Dewmar's stock has since increased over one thousand percent.
Wendy Haviland, President of Resource Ventures, Inc. said, "The results of this consulting agreement were immediately quantifiable by the fact our stock traded a record 55,000,000 shares. Our stock price increased 800% practically overnight. We are definitely looking forward to the next phase of this new relationship with Hemp, Inc.'s IHMMCC, in which we plan on publicly announcing in the next week or so."
This new wave of activity in the industry prompted Hemp, Inc. to step up its focus on its subsidiary, IHMMCC. Bruce Perlowin, CEO of Hemp, Inc. said, "The Industrial Hemp and Medical Marijuana Consulting Company is the best 'connected' consulting company in the industry, since we were the ones that started the sector and have been there since the very beginning." IHMMCC specializes in helping other public companies move into the medical marijuana, recreational marijuana and industrial hemp industries by finding new products and channels of distribution that fit within these industries.
Perlowin stated, in a past release, "I know where all the gold is hidden in this industry, every nuance of business niche, what will work and won't work, what has been tried before and what new ideas and concepts for the industry will fly or fail. When I'm not sure of something, or it's in one of the many areas outside my particular expertise then I know who to go to, who is an expert in this area and who more likely, than not, will immediately know all the answers or where to find them quickly. Our consulting division is extremely diverse and broad."
"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 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. Perlowin, and his associates, have an unrivaled wealth of knowledge and experience. This culmination of knowledge and experience has even attracted the attention of banks, which want in on the billions of dollars flowing through the public company sector of this industry.
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 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 ends. (Pending any federal licensing or other requirements, that may be enacted after hemp prohibition ends).
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 industry, public company CEOs, bankers, investors, lawyers, industry analysts, 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)
ABOUT RESOURCES VENTURES, INC.
Resources Printing & Graphics is a "Total Graphics" company with its roots in offset printing & direct mail. Our clients count on us for all their graphics needs, including offset printing, direct mail, promotional items, banners & posters, packaging, point of purchase, binders and more. We have served customers nationwide for over 27 years, and now, we have our eyes on international markets. Although based in Southern California and Colorado, our production plants are located across the US and in China.
Resources Printing & Graphics is ready for growth! Our model is simple; customer service is first, with the best quality products available and fast turnarounds. Resources Printing & Graphics is in the early stages of our new online print and graphics website "WikiClickPrint.com". You will simply take your artwork and upload it to the site or use our templates to create your own unique graphics, then place your order and in less than a week you will have your brochures, business cards, stationary or any of the 100+ products we offer. The Company is well positioned for significant future growth.
Hemp, Inc.'s TRIPLE BOTTOM LINE
Hemp, Inc. (OTC: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.
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.
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