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Hemp, Inc. Announces Largest Industrial Hemp/Kenaf Sale to Date

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LAS VEGAS, NV, Feb. 16, 2023 (GLOBE NEWSWIRE) —

via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP) announces its largest industrial product sale to date. Four semi-trucks hauled 120,000 pounds of Hemp, Inc.’s DrillWall™, the only all-natural kenaf/hemp Loss Circulation Material (LCM) blend of its kind on the market, for the oil and gas well drilling industries.   The sales agreement was initially signed at the end of 2019 through Hemp, Inc.’s subsidiary, Industrial Hemp Manufacturing, LLC, (IHM), and was set to sell 1 million pounds worth of DrillWall™ over the course of one year. However, due to the COVID-19 global pandemic rearing its ugly head (or ugly spikes), there was a disruption in the distribution.

“We are back on track with distribution under this agreement and we are also (separately) negotiating a substantial order for literally everything we have at our processing facility in North Carolina,” says Gary Perlowin, CEO of Hemp, Inc.  There are 444,000 pounds of Spill-Be-Gone™ (an oil spill cleanup product made from the core particles and powder of the kenaf and hemp plant) and 750,000 pounds of raw kenaf bales that can be turned into Spill-Be-Gone™ in a 60-day period.  Farmers are also on standby, ready to grow more kenaf this year in order to keep a continual supply.

On a cost-performance basis, DrillWall™ is superior to most LCMs in the marketplace and is the best option for buyers looking for non-toxic alternatives for their operations. Specifically, DrillWall™ is made of kenaf and hemp cellulose. It also includes milled products from kenaf and hemp that are made into oil drilling fluid additives and oil absorbents. Thus, there has been a sea of interest in DrillWall™ and Spill-Be-Gone™ (and their raw materials) over the past several months so the Company is expecting ample activity at the plant in North Carolina.

As one of the pioneers in the hemp industry, Hemp, Inc.’s foothold runs 14 years deep. The Company has facilities on the east and west coast and offers the broadest range of industrial hemp products. In addition to the DrillWall™ and Spill-Be-Gone™ mentioned above, Hemp, Inc. also has its full line of CBD/CBG/CBN that includes CBD-CBG Topical Pain Relief Roll-on, CBD/CBG Natural Coffee Enhancers, CBD/CBG Tinctures, and CBDa/CBGa/CBD/CBG/CBN Capsules. Hemp, Inc. also has the means to produce hempcrete, horse bedding, hemp bio-plastics, and more. For more information on Hemp, Inc.’s products, click here.

We expect 2023 to be a banner year in terms of generating income.

https://www.globenewswire.com/news-release/2023/02/16/2610204/0/en/Hemp-Inc-Announces-Largest-Industrial-Hemp-Kenaf-Sale-to-Date.html



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Big news! Our payment solution has a new name: IndicaPay 

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Big news! Our payment solution has a new name: IndicaPay is here to revolutionize your dispensary’s transactions.

Enjoy the benefits of cashless payments with IndicaPay:

  • Debit Card Payments: Say goodbye to cash-only sales. Welcome more customers with the convenience of card payments.
  • Boost Sales: Users see up to a 30% increase in cart size. More payment options mean more opportunities for upselling.
  • Quicker Checkouts: Speed up transactions by 20%, improving customer experience.
  • Enhanced Security: Less cash on-hand means reduced theft risks.
  • Extra Tips: Sales get rounded-up to the nearest $5 meaning happier staff with more tips.



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Pampa Hemp Introduces First Medical Cannabis Seed Developed and Produced in Argentina

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Argentina has been developing its cannabis production chain in recent years, promoting medical and scientific research on the medicinal use of the plant and its derivatives, as well as its industrial use. Pampa Hemp has recently been able to develop and produce the first medical cannabis seed in Argentina. The news will benefit the whole cannabis industry in the country.

Pampa Hemp, an Argentinean SME dedicated to the research, development, and production of cannabis for medicinal purposes, announces a historic achievement in the country with the approval of its first native cannabis seed variety, PH LOBERA, by the National Seed Institute (INASE).

Read more about Pampa Hemp and find the latest cannabis news with the Hemp.im mobile app.

This scientific breakthrough achieved by Pampa Hemp is important for the entire cannabis industry, as it eliminates the need to import seeds

After more than several years of research and development work, this new seed variety has been approved and is now part of Argentina’s National Cultivar Registry. Authorized local producers and people registered in the Reprocann (National Registry of Patients in Treatment with Cannabis) can now acquire the seed and obtain better results thanks to its ability to better adapt to the climatic conditions of the region. In addition, this scientific breakthrough is important for the entire cannabis industry, as it eliminates the need to import seeds.

“Our goal was to create a variety that has excellent adaptation to the soil, climate, and resistance to the pests that exist in the Province of Buenos Aires for outdoor cannabis crops. It also has a high concentration of THC and CBG, the latter a cannabinoid that is not so easy to find and is being increasingly observed for the therapeutic benefits it offers as an anti-inflammatory and pain reliever. We are currently working on genotyping tasks and molecular markers that will allow us to continue with the photo-improvement work,” explained Sebastian Tedesco, Technical Director and Co-Founder of Pampa Hemp.

This development began as an idea in 2017, with different tests being carried out by Pampa Hemp in a field in Lobos with various seed varieties to find the one that would best adapt to the soil and coexist better with native plant species. This process was the kick that led to the creation of a new strain that is now available on the market.

The registration of PH LOBERA in the registry is one more step towards the consolidation of the cannabis sector in Argentina, which seeks to promote medical and scientific research, as well as the industrial development of the crop. The official recognition of this strain will contribute to the growth of the cannabis production chain and to the strengthening of Argentina’s position in the global market of hemp and cannabis products.



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Heritage Cannabis Receives First Purchase Order and Is Set to Begin Shipments of CBD Products to Brazil

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TORONTO–(BUSINESS WIRE)–Heritage Cannabis Holdings Corp. (CSE: CANN) (OTCQX: HERTF) (“Heritage” or the “Company”), is pleased to announce that it has received a purchase order from a Brazilian pharmaceutical CBD product importation and distribution company, to supply finished CBD products for wholesale distribution that have already received approval for sale in Brazil. These products are among the first products of their kind to be approved by the Brazil Health Authority (ANVISA) and will ship upon approval by Health Canada.

“This is just a starting point for Heritage in Brazil as we are in the process of establishing a long-term supply agreement for CBD products which will also include access to our entire THC product portfolio once medical use cannabis becomes fully legalized in Brazil.”

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In 2021, Health Canada granted Heritage with a license to export cannabis products from Canada to Brazil. This will mark the first full shipment of products following the prior successful shipment to Brazil made by Heritage for the testing phase with ANVISA.

“We are very pleased to be in a position to expand our products and brands on a global scale, and to be working with a well recognized partner and their large distribution network in Brazil,” said David Schwede, CEO of Heritage. “This is just a starting point for Heritage in Brazil as we are in the process of establishing a long-term supply agreement for CBD products which will also include access to our entire THC product portfolio once medical use cannabis becomes fully legalized in Brazil.”

About Heritage Cannabis Holdings Corp.

Heritage Cannabis is a leading cannabis company offering innovative products to both the medical and recreational legal cannabis markets in Canada and the U.S., operating under two licensed manufacturing facilities in Canada. The company has an extensive portfolio of high-quality cannabis products under the brands Purefarma, Pura Vida, RAD, Premium 5, Thrifty, feelgood., the CB4 suite of medical products in Canada and ArthroCBD in the U.S.

ON BEHALF OF THE BOARD OF DIRECTORS OF HERITAGE CANNABIS HOLDINGS CORP.

“David Schwede”
David Schwede, CEO

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release.



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