Hemp, Inc. (OTC: HEMP) is trading 15% higher after its Industrial Hemp Manufacturing, LLC (“IHM”) subsidiary announced its Letter of Intent (LOI) with BioRegen Innovations Cooperative, which is currently seeking to build bio regenerative communities throughout the state of North Carolina. Per the agreement, IHM will purchase the raw hemp that is to be harvested from BioRegen’s land in eastern North Carolina, with harvest expected toward the end of 2017.
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About Hemp, Inc.
Hemp, Inc. (OTC PINK: HEMP) seeks to benefit many constituencies from a “Cultural Creative” perspective, thereby not exploiting or endangering any group. 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. Thus, the publicly traded company believes in “up streaming” a portion of its profits back to its originator, in which some cases will one day be the American small farmer — cultivating natural, sustainable products as an interwoven piece of nature. By Hemp, Inc. focusing on comprehensive investment results — that is, with respect to performance along the interrelated dimensions of people, planet, and profits — the triple bottom line approach can be an important tool to support its sustainability goal. For more information visit www.hempinc.com
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