
Hemp Brief Analyst Report: Player in Industrial/Legal Cannabis - Myriad of Non-Medical Uses by BrokerBank Securities, Inc.
NEW YORK, Oct. 22, 2014 /PRNewswire/ -- Hemp, Inc. (OTCBB: HEMP) focuses on supplying services, products, and information related to the medical marijuana industry or to those who have an affinity for the medical marijuana industry. The company is designing a Website to offer news, issues, entertainment, and education on medical cannabis issues; developing proprietary software for transaction processing, MIS, loyalty program, and social network management; and producing video content that deals with current events as they relate to the industry and is available in high definition over the Internet. Its products include nutraceutical products designed to improve concentration and joint flexibility, increase awareness and energy, and improve overall wellness, as well as to supply hemp and blue-green algae protein; and skin care products for men and women. The company was formerly known as Marijuana, Inc. and changed its name to Hemp, Inc. in June 2012. Hemp, Inc. was founded in 2008 and is based in Las Vegas, Nevada.
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 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.
On September 25, Bruce Perlowin, CEO of Hemp announced its wholly owned subsidiary, Industrial Hemp Manufacturing, LLC, (IHM) has just purchased and secured its permanent facility for the Temafa decortication line of equipment. Located east of Raleigh in Spring Hope, NC, the facility encompasses two buildings totaling nearly 70,000 square feet that spans almost 7 acres. The first of this magnitude and caliber in the United States, the newly housed decortication equipment underscores Hemp's long-term commitment to creating economic value and sustainable, green products.
Readers are directed to the analyst report for specific technical observations. We would urge investors to conduct their own fundamental due diligence by at minimum, studying the Company's public disclosures.
An analyst report which details the current situation, technical analysis and analyst comments can be viewed in its entirety by using the link below. There is no cost obligation required to view this report:
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SOURCE BrokerBank Securities, Inc.
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