High on Environmentalism, Hemp, Inc. Acquires Scrubnuts, Inc.
LAS VEGAS, April 23, 2013 /PRNewswire/ -- Hemp, Inc.
(OTC: HEMP), continuing its strategy of delivering exceptional
hemp-derived products to consumers worldwide, acquired Scrubnuts,
Inc., a company specializing in providing "fun-raising" clothing to
the medical field.
(Logo:
http://photos.prnewswire.com/prnh/20121107/LA08133LOGO)
Under the terms of the agreement, the transaction value is
$135,000 plus two million shares of
stock. The acquisition is already proving to be successful as the
first $100,000 sale has been made by
Hemp, Inc.'s CEO, Bruce
Perlowin.
"This transaction combines a world-class portfolio of branded
clothing with Hemp, Inc.'s unique and unparalleled creativity for
marketing across multiple platforms, businesses, and markets to
generate sustained growth and drive significant long-term value,"
said David Koral, Scrubnuts previous
owner.
Perlowin, a 45-year veteran in the hemp industry, purchased the
scrub company to provide sustainable, eco-friendly clothing made of
natural fibers that are durable, elastic, and antimicrobial and
transform it into the future clothing line of medical professionals
worldwide.
Scrubnuts, originally owned by David
Koral and Levi Koral, had
successfully been making healthcare more joyful through fun
clothing aimed at raising the spirit of patients and caregivers in
clinical settings.
"Scrubs used to be white—the color of cleanliness. Then, one
influential doctor switched to green thinking it would be easier on
a surgeon's eyes plus, green has a very calming, soothing effect,"
said Perlowin.
"These scrubs will be the future of hemp clothing and I'm
excited. We've been talking of partnering with the right clothing
company over the years... Cartel Blue and many others. The future
of hemp clothing will continue to ease suffering and promote
healing through laughter and humor," said Perlowin.
Under Perlowin's leadership, Scrubnuts will evolve and pioneer
into an even more advanced worldwide market with hemp scrubs,
nurse's jackets, lab coats and more. In fact, Perlowin plans to
donate an enormous amount of these scrubs to his Child Legacy
project as one of the Benefactors of Humanity.
Also, Perlowin plans to give 10 percent of the sales proceeds to
Patch Adams' Gesundheit Institute to aid in building a
multi-million dollar free hospital in West Virginia. The institute is a
not-for-profit health care organization specializing in holistic
medical care based on the belief that one cannot separate the
health of the individual from the health of the family, the
community, the world, and the health care system itself.
Moreover, the acquisition of Scrubnuts will provide an outlet of
sustainable clothing made of natural fabric for more eco-friendly
clothing. The physical advantages of hemp fiber are its
length, strength, durability, elasticity, and ability to withstand
high temperatures without degeneration. It also has antimicrobial
properties, as hemp is resistant to the growth of Aspergillus
Niger... a fungus and one of the most common species of the genus
Aspergillus. It causes a disease called black mold and is
ubiquitous in soil, commonly reported from indoor environments.
Furthermore, hemp can be grown without or very minimal herbicides
and pesticides.
In comparing hemp to cotton, a textile used in producing many
garments, studies show cotton uses about 50% of the world's
toxic crop chemicals and not only is hemp stronger, but it lasts
longer, is more absorbent, warmer, breathes better, and is more
microbially-resistant. Not to mention, hemp requires only a third
as much water as cotton to grow and only a tiny fraction of the
fertilizer, pesticide and herbicide that cotton does.
According to Van B. Klingeren, in
PubMed, "The chemical components in hemp are able to kill
microorganisms including: Staphylococcus aureus, Streptococcus
viridans, Pneumococcus Cornyebacterium diphteriae, Bacillus
anthracis, and Mycobacterium." Indeed, Hemp, Inc. is on the
forefront and leading the trend in hemp clothing.
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. is not involved in the
cultivation or marketing of medical marijuana. It is the company's
belief that legalization of hemp in all 50 states and at the
federal level will come to pass. With that in mind, the company is
building infrastructure with the potential to gain substantial
market share before and after industrial hemp prohibition ends.
(Pending any federal licensing or other requirements, that may be
enacted after hemp prohibition ends).
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 the "upstreaming" of a
portion of profit from the marketing of their finished hemp goods
back to its originator, in which most cases will one day be the
American farmer, cultivating natural, sustainable products. 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.
CEO of Hemp, Inc., Bruce
Perlowin, is positioning the company as a leader in the
industrial hemp industry, with a social and environmental mission
at its core. In fact, he wanted to, consciously, found a business
with non-financial goals that were not an after-thought, but are
part of its DNA.
CONTACT:
Phone: 1-877-221-8351
Email: info@hemp.com
SOURCE Hemp, Inc.