Hemp, Inc.'s (OTC:HEMP) wholly owned subsidiary, The Industrial
Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), is
pleased to announce that it has signed an agreement with Dewmar
International BMC, Inc. to strategically launch a series of
consumable goods that stem from the functional and nutritional
components of hemp. The products will qualify to be sold in all 50
states.
Per the agreement, Dewmar International BMC, Inc. will pay an
initial professional consulting fee of 30 million shares of their
common stock and then for each term of the Agreement (a total of 3
years) an additional 10 million shares made payable to Hemp, Inc.,
on a quarterly basis. "Our consulting division is booming. Based on
day before yesterday's closing price, this agreement, worth about
$1,200,000, has created more revenue for Hemp, Inc.'s first
quarter. Based on Dewmars current stock, our initial
consulting fee was equivalent to $240,000 in stock. It also creates
a stable 3-year quarterly revenue ... $960,000 over the next 3
years, adding great value to Hemp, Inc. and its shareholders," said
Bruce Perlowin, CEO of Hemp, Inc. Hemp, Inc.'s IHMMCC also has a
similar agreement with Resource Ventures, Inc. with similar
terms.
The industrial hemp and medical marijuana industry is on the
verge of becoming a multi-billion dollar industry, according to
industry analysts. Bruce Perlowin, CEO of Hemp, Inc. said, "The
Industrial Hemp and Medical Marijuana Consulting Company is the
best 'connected' consulting company in the industry, since we were
the ones that started the sector and have been there since the very
beginning." IHMMCC specializes in helping other public companies
move into the medical marijuana, recreational marijuana and
industrial hemp industries by finding new products and channels of
distribution that fit within these industries to help create real
revenues in our industry's market.
Perlowin stated, in a past release, "I know where all the gold
is hidden in this industry, every nuance of business niche, what
will work and won't work, what has been tried before and what new
ideas and concepts for the industry will fly or fail. When I'm not
sure of something, or it's in one of the many areas outside my
particular expertise then I know who to go to, who is an expert in
this area and who more likely, than not, will immediately know all
the answers or where to find them quickly. Our consulting division
is extremely diverse and broad."
Marco Moran, CEO of Dewmar International BMC, Inc. added, "We
look forward to continuing to identify beneficial relationships to
broaden Dewmar's international consumer footprint with pioneers
such as Mr. Perlowin. He was years ahead of everyone in recognizing
the many applications of the hemp plant and the enormous economic
opportunity. The world is just beginning to catch up with his
insight. Bruce Perlowin and Hemp, Inc. are the perfect
partners."
Moran added, "This consulting agreement was well worth the
payment terms. Our stock share trading increased from
1,400,000 volume to 24,442,816 in volume in just over a week. We
are definitely looking forward to the next phase of this new
relationship with Hemp, Inc.'s IHMMCC, where we will bring our
combined marketing talents to creat significant sales revenues for
both companies."
According to Dewmar International BMC, Inc., the company plans
to introduce products infused with hemp into the marketplace. "We
believe that the ultimate economic opportunity that is being
created by the new legislation regarding hemp farming is
incalculable. Hemp oil, seeds and fiber can be used in many
different products and it makes the products better, stronger and
greener than the current products on the market. Since Dr. Moran is
a licensed pharmacist with extensive relationships within the
healthcare community, I believe he will also take advantage of
opportunities within healthcare," said Perlowin.
ABOUT HEMP, INC.
Hemp, Inc. (OTC Pink:HEMP) focuses on the vast market created by
the quickly emerging, and growing, multibillion dollar industrial
hemp industry. Hemp, Inc. (OTC Pink:HEMP) 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 fully ends). To see Bruce Perlowin's
interview on Bloomberg TV, speaking on Hemp, Inc. and the
industrial hemp industry, click here.
ABOUT THE INDUSTRIAL HEMP AND MEDICAL MARIJUANA
CONSULTING COMPANY, INC.
The Industrial Hemp and Medical Marijuana Consulting Company
(IHMMCC) is a wholly owned subsidiary of Hemp, Inc. (OTC Pink:HEMP)
that pulls industry information from a vast network of specialists
that consists of other public industry, public company CEOs,
bankers, investors, lawyers, industry analysts, and non-profits
connected to the industry. IHMMCC is entrenched in all the
multi-faceted opportunities in the medical marijuana and Industrial
Hemp industry. (www.HempInc.com)
About Dewmar International BMC, Inc.
Dewmar International BMC, Inc. is a leading provider of consumer
brands to global markets. The Company's flagship product, LEAN SLOW
MOTION POTION(TM) whose three flavors are Yella, Purp and Easta
Pink, is rated as one of the top 3 national selling relaxation
beverages currently available in the U.S. market, Trinidad &
Tobago, Puerto Rico and Mexico. The Company has entered into
significant relationships and business discussions intended to
leverage the explosion in national popularity of both the
industrial hemp and medical marijuana industry, and forecasts a
strong presence in the space for the immediate and long-term
future. The company has offices in Clinton, Mississippi; Houston,
Texas and Las Vegas, Nevada.
Hemp, Inc.'s TRIPLE BOTTOM LINE
Hemp, Inc. (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.
FORWARD-LOOKING DISCLAIMER
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. 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 and other factors, which may cause the actual
results, performance or achievements of Hemp, Inc. to be materially
different from the statements made herein.
CONTACT:
phone:1-855-HEMPOUT email:info@hemp.com http://www.hempinc.com
http://www.herbagenix.com (hemp-based supplements division)
http://www.basichemp.com (hemp protein with enhanced nutritionals)
http://www.mjlover.com (MJ Lover for Him; MJ Lover for Her)
http://www.re-load.biz (hemp-based nutraceuticals)
http://www.hempinc.tv (media and entertainment division)
http://www.marijuanaincorporated.com http://www.marijuana.tv
http://www.cartelblue.com (eco-friendly clothing)
http://www.ecoharmonycard.com (loyalty card sustainable fundraiser
for non-profits) http://www.supportpatchadams.com (hemp gemstone
candles and fundraiser for patch adams)
Hemp (CE) (USOTC:HEMP)
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