Spring Hope, NC, May 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers including the 85,000 square-foot multipurpose industrial hemp processing facility in Spring Hope, North Carolina, a state of the art processing center in Medford, Oregon, and a 500-acre hemp growing Eco-Village in Golden Valley, Arizona, announced today a partnership with Pistil Partners, Inc. and its subsidiary Ironside Hemp Company.

“As we approach the 2019 planting season, Hemp, Inc. is always searching for value partners to add to our already impressive list and help the small American farm through hemp,” said Hemp, Inc. CEO Bruce Perlowin. “Our partnership with Pistil Partners, Inc. and its subsidiary, Ironside Hemp Company, will further allow farmers to access high-quality clones to continue our efforts in bringing this lucrative crop back to this country.”

According to executives, this partnership comes at a time of continuous efforts for Hemp, Inc. and its mission to help new and veteran farmers entering the high cannabidiol (CBD) hemp farming industry as Hemp, Inc. continues the rollout of the King of Hemp premium CBD pre-rolls. With this partnership, the company has dedicated 1.5 million clones for North Carolina and surrounding states’ hemp farmers and is offering a 10 percent discount on bulk clone purchases of 1,000 clones or more. Additionally, Ironside will provide all ongoing resources such as clone selection, pricing, logistics and potential consulting services.

At the forefront of innovation, Ironside is a vertically integrated producer of CBD rich hemp with 175,000 square feet of greenhouses located outside of Raleigh, NC producing certified CBD hemp varieties including Cherry Wine (10-20% CBD content). 

To learn more about Ironside Hemp clones and receive a 10 percent discount, please visit  https://www.ironsidehemp.com/buy-clones/ and type “HempInc”  into the coupon code at checkout.

“The passing of the 2018 Farm Bill allows us to offer these services and opportunities to farmers in America. We now have a great list of mature, ethical and business-oriented companies to extend our deep industry knowledge and connections,” added Perlowin. 

Greg Vermeulen, CEO of Pistil, Compares Hemp Clones vs. Seeds 

Clones
There are both benefits and drawbacks to growing with either. However, a high-quality clone crop will outperform a high-quality seed crop.

  •  With clones, you know the THC potency by testing the parent plant. Thus, ensuring you are growing legal hemp not illegal marijuana or low-value fiber hemp.
  •  Clones are 100% female. There are no males in the crop to wreck CBD values.
  •  Quality clones will display: vigorous new growth; established root systems; and, be free from and resistant to pests.

Clone Summary: It takes considerable skill and know-how to make large batches of high-quality clones to plant outdoors, and it has been difficult to find quality clones in the market. This has led to a misconception that seeds are better. With the right clone provider, farmers can jumpstart hemp growing exponentially.

Seeds

  •  Only a proportion of seeds will actually germinate, so often more than 1 seed needs to be planted per hole.
  •  There will also be males in the seed crop and they need to be removed. 
  •  Only a portion of the seed crop will be female. That’s a problem because males don’t produce desirable bud-like flowers like female plants. This means the yield is lower. 
  •  A single flowering male plant can easily pollinate dozens of female plants. Male pollen is detrimental to CBD production when it fertilizes female flowers.
  •  Once fertilized, female flowers stop CBD production and shift their energy into making seeds. Thus, having males in the crop results in lower yield, and lower CBD potency.
  •  You can buy ‘feminized’ seeds but some males still make it through the process and can damage your crop. (If 1 male can pollinate 20 females, even a feminization rate of 95% isn’t good enough). After feminization, the remaining females are more prone to turning hermaphroditic, and are more likely to spontaneously produce male flowers and pollen. 

Seed Summary: Seeds are risky because seed genetics are more variable than clones. So, the seed crop will vary more in its yield, as well as potency. 

Quality clones overcome these shortfalls, and result in a better product with less risk.

WHAT IS HEMP, INC.?

What is Hemp, Inc.? With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.

ABOUT IRONSIDE HEMP COMPANY – A PISTIL SUBSIDIARY

Ironside Hemp provides full-service hemp management and cultivation support to farmers. As a North Carolina based company, Ironside is on track to be one of the largest cannabinoid producers in America. With qualified experts at every level of the hemp farming operation, Ironside has direct experience transitioning farmers from traditional crops such as soy, corn and tobacco into CBD hemp. www.ironsidehemp.com/

  •  Licensed to grow, process and sell CBD hemp 
  •  Successful track record of cannabis production and processing
  •  Providers of certified hemp genetics: seeds and clones
  •  Farmer's Choice Program to successfully transition farmers into CBD hemp cultivation
  •  Existing relationships and network of contacts with buyers for CBD hemp crops

HEMP, INC.’S “TRIPLE BOTTOM LINE”

With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. A global leader in the industrial hemp industry with bi-coastal processing centers including the largest multipurpose industrial hemp processing facility in the western hemisphere (in Spring Hope, North Carolina), a 4,500 hemp-growing and processing eco-village aggressively being built on 500 of those acres in Golden Valley, Arizona called Veteran Village Kins Community (to serve the needs of the American veterans) and one of the most sophisticated harvesting and post processing facilities in Medford, Oregon, Hemp, Inc., believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan. Thus, Hemp, Inc.’s “Triple Bottom Line” approach serves as an important tool in balancing meeting business objectives and the needs of society and environment at the same time.

FORWARD-LOOKING DISCLAIMER AND DISCLOSURES

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. To clarify the issue of OTC placing a stop sign next to Hemp, Inc.’s stock trading symbol, that symbol indicates Hemp, Inc. does not report their financials. As a non-reporting pink sheet company, Hemp, Inc. is not required to report. The company does, however, choose to publicly report its quarterly and yearly financials on its website. According to the company’s CEO, the OTC stop sign is a misrepresentation of that reporting fact. 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.

Hemp, Inc.      

855-436-7688

ir@hempinc.com