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 Webxu,
Inc. (OTC:WBXU), a media company that owns and operates a network
of consumer branded websites and businesses focused on customer
acquisition, e-commerce and mobile media, to provide consulting
services in an effort to help expand their branded web and mobile
development services into the industrial hemp and medical marijuana
industries. According to the agreement, Webxu, Inc. will
receive professional, ongoing, consulting services in the
Industrial Hemp and Medical Marijuana Industries, specifically in
the areas of online web development and advertising initiatives for
its business and partnerships in the industry.
Per the agreement, Webxu, Inc. will pay an initial professional
consulting fee of 8,000,000 shares of their common stock and then
for each renewable term of the Agreement (a total of 3 years) an
additional 2,640,000 common shares made payable to Hemp, Inc., on a
quarterly basis. Based on the market closing price yesterday, the
agreement equates to $312,000.00 down and $1,235,520.00, over the
course of 3 years, for a total of $1,547,520.00 in profit for Hemp,
Inc.
"This agreement has created substantial revenue for Hemp, Inc.'s
first quarter. It also creates a stable 3-year quarterly
revenue, adding great value to Hemp, Inc. and its shareholders,"
said Bruce Perlowin, CEO of Hemp, Inc.
According to Perlowin, Hemp, Inc.'s subsidiary, The Industrial
Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), will
produce millions of dollars for the company and its
shareholders. With an influx of public companies wanting to
expand into the marijuana and hemp industries, Hemp, Inc.'s IHMMCC
has been inundated with potential consulting agreements. To
keep up, Hemp, Inc. implemented a "Hemp Ambassador" system, whereby
the "Hemp Ambassador" works hands-on with each company,
everyday. Perlowin says the "Hemp Ambassadors" create a sense
of a "Community of Companies" all working together to pool their
resources, marketing connections and strategies in order to help
all the companies grow simultaneously.
Hemp, Inc.'s IHMMCC also has a similar agreement with Dewmar
International BMC, Inc. and Resource Ventures, Inc., with similar
terms. Both Resource Ventures, Inc. and Dewmar International BMC,
Inc. stock have since increased dramatically. The joint
ventures and/or mergers and acquisitions IHMMCC will be bringing to
the table has only just begun, according to Perlowin.
"Webxu was looking for a solid company with a strong presence in
marijuana and hemp that could help them navigate their entry into
these new, incredibly fast growing billion-dollar industries," said
Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP) and who is also one of
the pioneers of the marijuana and industrial hemp
industry. "After doing our due diligence, we felt The
Industrial Hemp and Medical Marijuana Consulting Company, Inc. is,
by far, the best 'connected' consulting company in the industry so
we are confident this agreement will open a world of possibilities
for Webxu," said Matt Hill, CEO of Webxu, Inc.
Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP) said, "The
industrial hemp and medical marijuana industries have become the
fastest growing in America. It's the birth of a new and clean
American Industrial Revolution. Since we were the ones that started
the sector and have been here since the very beginning, I know
where all the gold is hidden in this industry, every nuance of this
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."
Webxu, Inc. is looking forward to Hemp, Inc.'s IHMMCC finding
new products and channels of distribution that fit within the
industry. Having Hemp, Inc.'s consulting company lead Webxu, Inc.'s
path in the industry allows the company to take advantage of the
explosive growth and stock feeding frenzy that is in the industry
sector now. "We believe the return on this investment will yield
huge profits for our company and current and future shareholders,"
concluded Matt Hill, CEO of Webxu, Inc.
Perlowin further stated, "The medical marijuana, recreational
marijuana, and industrial hemp industries are emerging out of the
shadows of illegality and the quote 'black market' and into the
limelight of a legitimate and legal industry, reminiscent of
America's first prohibition and post prohibition economic
opportunities. Webxu, Inc. products and services are exactly what
is needed in the process of legitimizing, stabilizing and bringing
their brand of business tools to this sector." He continued,
"Additionally, we will be looking for established businesses in
this sector as targets for mergers and acquisitions for Webxu… thus
expanding their presence in these sectors." Hemp, Inc. executive
noted the company will be facilitating more mergers and
acquisitions for other interested companies, as well.
This new wave of activity in the industry prompted Hemp, Inc. to
step up its focus on its subsidiary, IHMMCC. 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 services and channels of distribution that fit
within these industries.
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."
"The Industrial Hemp and Medical Marijuana Consulting Company,
Inc." pulls industry information from a vast network of
specialists that consists of other public industry, public and
private companies, public companies' CEOs and networks of experts,
bankers, investors, lawyers, other consultants, industry analysts,
and non-profits connected to this industry as well as the
traditional industry experts in all areas of the various business
opportunities the industry presents. Perlowin, and his associates,
have an unrivaled wealth of knowledge and experience. This
culmination of knowledge and experience has even attracted the
attention of banks, which want in on the billions of dollars
flowing through the public company sector of this industry.
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. (OTC: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
(which is now possible with the passage of the 2014 Farm Bill) 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 totally ends. (Pending
any federal licensing or other requirements, that may be enacted
after hemp prohibition totally ends).
ABOUT WEBXU, INC. Webxu, Inc.
(WBXU) is a media company that develops branded consumer Websites
and acquires and integrates consumer-oriented businesses in the
customer acquisition and e-commerce categories. The company also
provides marketing solutions for online businesses, media agencies,
and marketers. Webxu was founded in 2010 and is based in Los
Angeles, CA. For more information about Webxu, visit
http://www.webxu.com.
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:HEMP) that
pulls industry information from a vast network of specialists that
consists of other public and private companies, public company
CEOs, bankers, investors, lawyers, industry analysts and experts,
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)
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.
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
(educational site) 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)
CONTACT: phone:1-855-HEMPOUT
email:info@hempincsupport.com
http://www.hempinc.com
Hemp (CE) (USOTC:HEMP)
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