Hemp, Inc. International Expansion Solidified by Contract with Yasheng Group to Cultivate and Process Hemp Crop in China
NEW YORK, June 5, 2013 /PRNewswire/ -- Hemp, Inc. (OTC: HEMP) is pleased to announce a contract has been signed with the Yasheng Group, one of China's largest agricultural producers, to cultivate and process 108 acres of industrial hemp in Gansu Province, China.
Hemp, Inc.'s President, David Tobias, stated "The Yasheng Group is one of China's leading producers. They've been in business for over 30 years, contract growing for Fortune 500 companies such as McDonald's, KFC, Tsingtao Beer and Pepsi, and now Hemp, Inc. So later this year, we're looking forward to offering proprietary hemp products to the world market. Until then, Hemp.com will showcase pictures of the crop that has been in the ground for more than a month."
The international expansion of Hemp, Inc.'s empire continues to penetrate the Industrial Hemp market. Craig Perlowin, Hemp, Inc.'s Secretary/Treasurer said, "It's just been a whirlwind of events. It's the 4th Annual Hemp History Week and not only are we doing our part to spread nation-wide awareness, we are taking it global while celebrating America's deep Hemp history. Our contract with the Yasheng Group will cultivate and process hemp crops abroad. We timed our International Expansion announcement to correspond with the celebration of Hemp History Week."
The final hemp products will contain less than .05% THC that is too low to have an intoxicating effect on anyone consuming it. It is also legal for import into the United States. Hemp also contains beneficial Omega 3, 6 and 9 Fatty Acids and Cannabinoids, or CBDs, a non-toxicating group of compounds with proven medical benefits and no serious contraindications.
The harvested crop is targeted at approximately 75,000 kilograms of top quality hemp that will be manufactured into a variety of finished products including hulled hemp seed, hemp seed oil, and hemp fabric along with other industrial hemp by products that can be used for animal bedding, hempcrete filler and other products mentioned in Hemp, Inc.'s press release (Hemp, Inc. (OTC: HEMP) Gears Up for the 4th Annual Hemp History Week) the 2nd day of Hemp History Week.
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.
SOURCE Hemp, Inc.