Hempistry to Accept Bids for Ultra-Premium, High CBD Kentucky Hemp Crop - Harvest Now Underway in Hopkins County, Kentucky

LOS ANGELES and MADISONVILLE, Kentucky, November 19, 2018 /PRNewswire/ --

Hempistry, Inc., a leading cultivator of high CBD content, legally grown industrial hemp announces a successful crop at its Hopkins County, Kentucky site, the primary harvest of which began this week after a successful test of crop samples by the Kentucky Department of Agriculture (KDA). Hempistry invites interested parties to contact Company representatives to place bids on the crop.

Hempistry's cultivation in Hopkins County, Kentucky consists of 100 acres of high grade, CBD rich, industrial hemp legally grown under the KDA's Industrial Hemp Research Pilot Program as authorized by KRS 260.850-260.869, and 7 U.S.C.§ 5940 (also known as Section 7606 of the 2014 Federal Farm Bill). The crop was registered (MOU# 18-58-05G) under the KDA Hemp Program prior to cultivation and recently received official certification from state officials certifying the test samples are in compliance with requirements set forth by the state.  Hempistry has also completed additional test protocols receiving Certificates of Analysis (COAs) via private laboratories indicating high CBD levels, THC-A levels below maximum thresholds, and other particulars of the hemp crop.  No pesticides, herbicides or chemical fertilizers were used on the field prior to cultivation or on the plants during the growing season and none were detected through the testing protocols.

Mr. Matt Longo, Chief Operation Officer and Head of Cultivation at Hempistry commented, "The Kentucky cultivation produced a beautiful crop. We had within Hopkins County almost ideal growing conditions this year with a near optimal mix of sunshine and ample rain, which produced strong premium quality plants with impressive flowers.  Our main harvest is well underway and we are very proud of this high grade hemp product we are now making available to the marketplace."

Hempistry plans to offer two types of deliveries to customers. The first product to be made available will consist of milled biomass, equaling approximately 450,000 pounds.  The second will consist of the highest quality trimmed hemp flowers suitable for either direct unprocessed consumption or extraction into ultra-high grade distillate, isolate, or other similar products.  Because these batches of flowers will consist of only the most premium portion of the 2018 harvest, only 10,000 pounds of the Workhorse variety and 10,000 of the Cobbler variety will be made available to customers.  

With it first successful industrial hemp crop now certificated by KDA and workers in process of harvesting the crop, executives at the Company are already planning for a larger cultivation effort for the 2019 growing season.  

Mr. Patrick McMahon, Chief Executive Officer, commented, "Our planning efforts for next year are well underway and while its too early to state our 2019 growing season goals, it is clear Hempistry will be back next year with an even larger cultivation within beautiful Hopkins County, Kentucky.  While all of us at Hempistry are certainly proud of our new hemp crop and the high quality product we will soon be shipping into the marketplace, we are also very excited about the positive contribution we have been able to make in Hopkins County, Kentucky via our investments and our recent job production in the area. Thank you to all of our new workers, investors, and forward thinking leaders in Hopkins County, the State of Kentucky, the 1^st congressional district of the United States House of Representatives and to the U.S. Senators from Kentucky for the strong support offered to the emerging Kentucky hemp industry. We are certainly looking forward to another successful hemp cultivation season in 2019."

Parties interested in the crop are able to make inquiries and bids on the Company's website at http://www.Hempistry.com. Certificates of analysis will be made available to qualified parties.

About Hempistry, Inc.

Hempistry, Inc., a Nevada registered corporation, is headquartered in Los Angeles, California with operations in Hopkins Country, Kentucky. The cultivation operation is registered (MOU# 18-58-05G) under the Kentucky Department of Agriculture (KDA) Hemp Program. All cultivations are for legally grown industrial hemp under the KDA's Industrial Hemp Research Pilot Program as authorized by KRS 260.850-260.869, and 7 U.S.C.§ 5940 (also known as Section 7606 of the 2014 Federal Farm Bill).  All products being offered comply with the state of Kentucky's delta-9 THC requirements as certified by KDA on November 8, 2018. These test results are on file with KDA and are available for inspection upon demand from Hempistry by any authorized government agency.

STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. 

Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.

For inquiries please contact Patrick McMahon at (310)910-1428 or http://www.Hempistry.com

SOURCE Hempistry, Inc.