LAS VEGAS, June 23, 2014 (GLOBE NEWSWIRE) -- Hemp, Inc.'s (OTC:HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), announced today that it has signed a consultant agreement with PPJ Enterprise (OTC:PPJE), a leader in medical practice information management. The strategic alliance with PPJ Enterprise has already proven advantageous for PPJE and its shareholders, as PPJE's stock rose 150% and 30% respectively just after news of the alliance was released late last week by PPJE.
According to Hemp, Inc. CEO, Bruce Perlowin, IHMMCC will lend its industry expertise in the form of professional consulting services and valuable contacts and resources in order for PPJE to successfully segue into the medical marijuana industry. While PPJE is a known leader in proprietary automated healthcare reimbursement cycle software and online health information digital-systems software, the company has now added a division to perform Medical Marijuana potency tests through an affiliate blood lab that can test for the principal psychoactive constituent of the cannabis plant, THC, as well as THCA, and other medicinal cannabinoids such as CBD, CBG, CBN, CBDA, and beta-Caryophyllene.
According to Chandana Basu, CEO of PPJ Enterprise, PPJE's exigency for public partner ventures and effective industry guidance in the medical marijuana and industrial hemp industry lead it to IHMMCC. "We are looking forward to what our partnership with Hemp, Inc.'s IHMMCC will bring, especially with the increased demand for more accurate drug testing." said Basu. While the most popular drug test is the urine test, urine tests can not detect the psychoactive component in marijuana, THC, thus "blood tests are a better detector of recent use, since they measure the active presence of THC in the system," according to California NORML.
Perlowin, CEO of Hemp, Inc. (OTC:HEMP) said, "PPJE, we feel, will make a huge impact in the Medical Marijuana sector. They are not only leaders in their field but are bringing the much needed service, of testing, to our industry. Testing the potency of medicinal cannabinoids can aid in research and development of more effective treatments."
Cardiothoracic and Vascular Surgeon, David B. Allen, M.D., says "Cannabis is Medicine". In a recent article by Dr. Allen, entitled Amygdalar Control and the Art of Zen: Controlling the Reptilian Brain, the use cannabis was medically linked to how the brain can function in certain situations. "When you first use cannabis the number of functioning Cannabinoid receptors multiplies exponentially. In effect you have more inhibitory control of your neurons. This causes neural-plasticity or more control of neural connections. This may allow unrelated issues to be related in such a way that new concepts occur. This may be termed an epiphany or sudden realization of the truth of the matter. Your body has a functioning ECS that may be augmented by exogenous use of phytocannabinoids. With the use of cannabis some people may have enzyme defects in the production or degradation of our bodies own Endocannabinoids. People with defects in their ECS may have depression, anxiety, insomnia and have anger problems which may be secondary to the inability to control your limbic system and the Amygdala. This is why Cannabis helps these issues. This makes all cannabis use medical, even if you don't understand the science."
IHMMCC has created a one-stop-shop for industry information, education, products and services, research and development, marketing, and channels of distribution for the industrial hemp and medical marijuana sector… which is what attracted PPJE Enterprise to Hemp, Inc. "This strategic alliance is an extension of PPJE's marketing strategy. By working with us, we expect PPJE Enterprise to gain significant market share by delivering quality potency tests. This is just the beginning of a lot of great things to come," said Perlowin. Apparently, the market agrees on the need to take a closer look at cannabis due to its enormous benefits, as average trading volume has been consistently increasing for companies in the sector as well as share prices.
According to Perlowin, the future is also very bright for Hemp, Inc. and its subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, known as IHMMCC which is comprised of a "Community of Companies", has collectively increased its trading volume and average share price from strategically aligning with Hemp, Inc. through IHMMCC. Hemp, Inc. sales, specifically from the first quarter in 2014, which primarily reflects the added income from its consulting services through IHMMCC, have far outpaced all four quarters of 2013 by 133%. The company is also touted as the best 'connected' consulting company in the industry with a strong diversified background. (See "Hemp, Inc. Reports 2014 First Quarter Results".)
Thus far, the other public companies partnering with IHMMCC include: Dewmar International BMC, Inc. (DEWM); Resource Ventures, Inc. (REVI); Webxu, Inc. (WBXU); Greene Concepts, Inc. (LKEN); Global Links Corp (GLCO); Strategic Global Investments, Inc. (STBV); Liberated Energy, Inc. (LIBE); Hollund Industrial Marine, Inc. (HIMR); Cloud Medical Doctor Software Corp (NSCT); and, View Systems, Inc. (VSYM) which are all mutually benefitting from the network and are successfully gaining a foothold in the multi-billion dollar Industrial Hemp and Medical Marijuana 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 currently involved in the cultivation or marketing of medical cannabis. (www.hempinc.com) Watch Bruce Perlowin on Bloomberg TV.
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. IHMMCC is entrenched in all the multi-faceted opportunities in the medical marijuana and Industrial Hemp industry. (www.HempInc.com) Executives of IHMMCC are interviewing an additional 14 companies and expect considerably more to sign up with this network of companies in the coming weeks, and months.
ABOUT PPJ ENTERPRISE (OTC:PPJE)
PPJ Enterprise (PPJ) is a leader in proprietary automated healthcare reimbursement cycle software, online health information digital-systems software and practice information management digital-system software. The company was founded in the year 2000. Headquartered in Reno, Nevada, the company serves as health care providers and general businesses worldwide. Their flagship product is their revolutionary medical billing software system. PPJ Enterprise's principal activity is serving as a medical reimbursement consulting firm. They help medical practices become more efficient and save money by allowing providers to outsource their insurance processing and medical billing functions. More information can be found at www.ppjenterprise.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.
SAFE HARBOR ACT
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Other "Community of Companies"
ABOUT DEWMAR INTERNATIONAL BMC, INC. (OTC:DEWM)
Dewmar International BMC, Inc. is a leading provider of consumer brands to global markets. The Company's flagship product, Lean Slow Motion PotionTM whose three flavors are Yella, Purp and Easta Pink, is rated as one of the top 3 national selling relaxation beverages currently available in the U.S. market, Trinidad & Tobago, Puerto Rico and Mexico. To leverage the explosion in national popularity of both the industrial hemp and medical marijuana industry, and forecasts a strong presence in the space for the immediate and long-term future, the Company has entered into an agreement with Hemp, Inc.'s IHMMCC to create a co-branding partnership to strategically launch a series of its consumer goods that stem from the functional and nutritional components of hemp. The company has offices in Clinton, Mississippi; Houston, Texas and Las Vegas, Nevada.
ABOUT RESOURCE VENTURES, INC. (OTC:REVI)
Resources Printing & Graphics is a "Total Graphics" company with its roots in offset printing & direct mail. The company entered into an agreement with Hemp, Inc's IHMMCC to publish "The Hemp Nation Magazine". According to the agreement, while Hemp, Inc. will produce and edit all content for the industrial hemp magazine, REVI will bear responsibility for publishing the magazine. It is anticipated that hemp paper will be used for at least some of the material for publishing the magazine, including the cover. Although based in Southern California and Colorado, their production plants are located across the US and in China. Their model is simple; customer service is first, with the best quality products available and fast turnarounds. Their clients count on them for all their graphics needs, including offset printing, direct mail, promotional items, banners & posters, packaging, point of purchase, binders and more. Resource Ventures, Inc. has served customers nationwide for over 27 years and will be expanding into the international market. Resources Printing & Graphics is in the early stages of their new online print and graphics website "WikiClickPrint.com". Customers simply upload their artwork to the site or use templates to create unique graphics. The Company is well positioned for significant future growth. (www.resourcesprinting.com)
ABOUT CLOUD MEDICAL DOCTOR SOFTWARE CORPORATION (OTCQB:NSCT)
Cloud Medical Doctor Software Corporation (Cloud-MD) (OTCQB:NSCT), trades on OTCQB, the venture stage marketplace for companies that are current in their reporting with a U.S. regulator (SEC). With the help of Hemp, Inc.'s IHMMCC, Cloud-MD expects to bring a new level of professional encryption security and inventory management solutions to the Hemp and Medical Marijuana Industries. Investors can find Real-Time quotes and market information for the Company on http://www.otcmarkets.com. For further information about Cloud Medical Doctor Software Corporation go to http://www.cloud-mds.com or mdlg@cloud-mds.com.
ABOUT HOLLUND INDUSTRIAL MARINE INC. (OTC:HIMR)
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. Per an agreement with Hemp, Inc.'s IHMMCC, IHMMCC will advise Hollund on a market strategy focusing on nations with progressive legislation on hemp cultivation, that also have viable underwater timber projects -- such as Panama, France, Canada and China. Hollund's model -- including resource and needs assessment, permitting, environmental and project planning, logging, milling, product branding and sales adds value for its shareholders, partners and reservoir based communities. (www.hollundindustrial.com)
ABOUT LIBERATED ENERGY, INC. (OTC:LIBE)
Liberated Energy, Inc. is a growing alternative energy company seeking to reduce the purging of our planet's resources by bringing patentable and, more importantly, affordable ideas to the marketplace. After entering into an agreement with Hemp, Inc.'s IHMMCC to help Liberated Energy, Inc. market and distribute their alternative energy products in the Industrial Hemp and Medical Marijuana industries, IHMMCC facilitated the largest order, to date, for Liberated Energy, Inc.'s (OTC:LIBE) Guard Lite Security Lighting System, less than one week after its strategic partnership. The order was for twenty (20) lighting units which created revenue for Liberated Energy, Inc. For more information on Liberated Energy, Inc., visit www.liberatedenergyinc.com.
ABOUT STRATEGIC GLOBAL INVESTMENTS (OTC:STBV)
Strategic Global Investments is a company engaged in developing the two primary sectors of the business; providing various venues to reach the client's target audience with on demand programming or advertising through Wazillo.com and WazilloMedia.com and creating a considerable position in the emerging marijuana industry. WazilloMedia.com is involved in the production of videos for customers and consumers permitting the use of the Company's state of the art studios to produce their own videos and the use of a website where subscribers can make available live, streaming video for their potential audience. The company entered into an agreement with Hemp, Inc.'s IHMMCC to develop a larger network of business relationships, enhance its sales and marketing tactics, public communications, public partner company ventures, and receive general industry specific guidance. Strategic Global will also provide video production and professional video development, and online streaming for Hemp, Inc. as well as make services available to other Hemp, Inc. and IHMMCC clients through their high tech studios in San Diego and their collaboration with Emmy Award winning Soapbox Multimedia, Inc. The Company produces Internet content, taped video shows, in their state-of-the-art studios in San Diego, California, where the productions can be stored and replayed on Demand 24/7 through the Company's cutting edge Content Management System. For more information visit its website at: www.strategicglobalinvestments.com.
ABOUT WEBXU, INC. (OTC:WBXU)
Webxu, Inc. is a media company that develops branded consumer Websites and acquires and integrates consumer-oriented businesses in the customer acquisition and e-commerce categories. The company also provides marketing solutions for online businesses, media agencies, and marketers. By working with Hemp, Inc.'s IHMMCC, Webxu will be able to expand its reach and provide ongoing services in the areas of online web development and advertising initiatives for businesses in the Industrial Hemp and Medical Marijuana industry. Webxu was founded in 2010 and is based in Los Angeles, CA. For more information about Webxu, visit http://www.webxu.com.
ABOUT GREENE CONCEPTS, INC. (OTC:LKEN)
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. By joining forces with Hemp, Inc.'s IHMMCC, LKEN expects to bring additional sources of hemp-based products, including hemp-based ink, hemp paper and related products, to its hemp-centric website, The Hemp Exchange (http://hemp-x.com). 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 GLOBAL LINKS CORP. (OTC:GLCO)
Global Links Corp. is a holding company committed to exploring business opportunities in emerging industries. The company now has three subsidiaries, one of which is Hemp Life Today, a growing online source for industry information and branded products related to Hemp and Medical Marijuana. The company signed an agreement with Hemp, Inc.'s IHMMCC in which both companies will work together to introduce and sell specific hemp products on Hemp Life Today's website as part of the revenue sharing agreement. For more information on Global Links Corp, please visit www.globallinkscorp.com or visit http://www.hemplifetoday.com.
ABOUT VIEW SYSTEMS (OTC:VSYM)
View Systems, Inc. is a fully reporting OTC.BB company that designs, manufactures and installs weapons detection systems combined with video management platforms, on-line monitoring and Alarm and Fire communications networks. More information can be found at www.viewsystems.com