Las Vegas, NV, April 20, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK: HEMP) a global leader in the industrial hemp industry with bi-coastal processing centers, including the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today that its CEO, Bruce Perlowin, was recently featured in the article, “Hemp Industry Prime for Post-Pandemic Growth,” by Cannabis Tech, a publication that offers unparalleled depth and insight to support key decisions and investments for cannabis professionals.
In the article, Bruce Perlowin discussed his insights regarding the hemp industry. The article begins with an overview of Bruce Perlowin’s background and early life experiences of smuggling marijuana, making him the center of CNBC’s 2009 documentary, “Marijuana, Inc.” The article then goes on to discuss how Perlowin believes that now is the time to rejuvenate America’s love for hemp and tap into the breadth of applications of the crop -- from building homes to making clothing and hemp plastics. Perlowin also posits that, before the hemp revolution can happen, the infrastructure must first be in place.
Later in the piece, Perlowin discusses how he wants the industry to succeed, and that with “coopetition”, the collective will benefit in the long run. In the interview Perlowin said, “If you’re growing hemp next to another hemp grower and they develop mites, you’re going to want to help them, so you don’t get mites in your crop.” The article adds that hemp farming isn’t as easy as it seems and that the nuances can challenge newcomers, citing that new farmers oftentimes bite off more than they can chew.
The article then delves into the stimulus relief that hemp businesses are eligible for amidst the COVID-19 pandemic. Perlowin comments on how most facets of the Company’s operation qualify for relief and federal crop insurance, encouraging other hemp farmers and businesses to seek support. Perlowin explains that the hemp industry is critical to the health of America and that this should be a kick-starter for domestic manufacturing. The article concludes with Perlowin’s insights on how he believes the pandemic could be the start of a new era and lead humanity to explore new perspectives and solutions. Perlowin theorizes that, “Hemp would create a new avenue for industrial agriculture. A new clean and green industrial, agricultural, American revolution, and that’s what we’re looking at.”
“The conversation I had with Cannabis Tech was very fruitful. I appreciate being able to lend my voice and insights to positioning hemp as a viable solution and integral industry,” said Bruce Perlowin, CEO of Hemp, Inc. “It’s important for people, both within and outside of the hemp industry, to know that hemp and other green industries are critically important to the economy and planet.”
According to a June 2019 market research report published by MarketsandMarkets™, the industrial hemp market is projected to grow from $4.6 billion in 2019 to $26.6 billion by 2025, recording a compound annual growth rate of 34.0% during the forecast period.
To see 1-minute videos of Hemp, Inc.’s current activities, go to Bruce Perlowin’s personal Facebook page where he posts daily on all of Hemp, Inc.’s activities around the country.
To read Cannabis Tech’s article featuring Hemp, Inc.’s CEO, click here.
WHAT IS HEMP, INC.?
What is Hemp, Inc.? With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.