LAS VEGAS, Dec. 16, 2014 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC:HEMP) announced today that it is one of the major sponsors of the 1st Annual "Cultural Creatives" Ascent Expo in Los Angeles, CA, February 27 – March 1, 2015 which will be held at the Los Angeles Convention Center. By assembling "Cultural Creatives" from the entertainment industry, corporate America, and mainstream media, the Ascent Expo's mission is to "enjoy, learn, co-create successful ventures, cooperate in facilitating commerce, and empower each other toward a higher consciousness in solving the planet's most important social, environmental and human rights issues."
"Hemp, Inc. is proud to continue our commitment to corporate consciousness, environmentalism, philanthropy and personal empowerment through our sponsorship of the 2015 Ascent Expo," says Bruce Perlowin, CEO of Hemp, Inc. "This is the 1st Annual Ascent Expo and we anticipate many new innovative products and successful joint ventures. The Industrial Hemp and Medical Marijuana industries are definitely one of the subsets of the 'Cultural Creatives' movement which we will be showcasing in the 'Hemp Zone' at the Expo."
According to executives with eWorld Companies, Inc. (PinkSheets:EWRC), "The Ascent Expo will be an extravagant 3-day event of 'Cultural Creatives' showcasing cutting-edge, forward-thinking companies, individuals and non-profit organizations committed to the principles of positive psychology and applying these principles into everyday lives and activities, with a wide range of premium products and services." eWorld Companies, Inc. (PinkSheets:EWRC), the producer of the event, expects this "meeting of the creative minds" event to draw in over 400 exhibitors… with a 40-ft red carpet for interviews. The centerstage for A-list musical talent is expected to draw in thousands alone.
The extravagant event for Cultural Creatives' (also known as the country's "forward-thinkers" and innovators who are globally aware, very green conscious and empowered philanthropists) primary goal is to help other business people. According to Ashkan Tabibnia, the event's social media manager, powerful marketing strategies have been implemented to bring in tens of thousands of attendees. The expo is expected to attract over 20,000 professionals and over 400 exhibiting companies covering over 140,000 net square feet of exhibit space in the LA Convention Center.
Hemp, Inc., as one of the major sponsors, will function as the umbrella organization for the Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) affiliates which include Dewmar International (DEWM), Liberated Energy (LIBE), Resource Ventures (REVI), Global Links (GLCO), VaporBrands International (VAPR), National Scientific Corp. (NSCT), and PPJ Enterprise (PPJE). North Cal Wood Products, Inc., purveyors of sustainable reclaimed lumber, will also be in attendance.
According to Perlowin, he plans to use the Ascent Expo to not only support the activities of these affiliates but to also initiate an exchange of ideas to form effective business relationships between and among both their own affiliates and other like-minded companies and organizations that will be in the Ascent Expo section dedicated to the new Industrial Hemp and Medical Marijuana industries.
The "Hemp Zone" will include, but will not be limited to, those mentioned above. As a major sponsor, Hemp, Inc. (OTC:HEMP) will also play a key role in the marketing and promotional activities leading up to the Ascent Expo including webinars and think tanks throughout the course of the event.
Perlowin will also highlight recent news and updates on Hemp, Inc.'s decortication plant in the "Hemp Zone" during the Ascent Expo. "Cultural Creatives" will get a chance to learn first-hand about the automated Temafa decortication line which will be used to process raw hemp and kenaf for the American farmers. The facility in Spring Hope, North Carolina that houses the commercial Temafa decortication line is the only one of its scale in North America.
The highly coveted commerical equipment would, according to Perlowin, take at least 2 years, minimum, to duplicate. "I am committed to the American farmers in producing a new clean green American Agricultural and Industrial Revolution from hemp and I'm looking forward to sharing this at the 1st Annual Ascent Expo in California."
While North Carolina has not yet legalized hemp, the company while waiting for this to occur, will process Kenaf for the automotive, oil, textile, paper and other industries. (Kenaf, or Hibiscus cannabinus which is a plant in the Malvaceae family is a substance similar to Hemp, often called "Ambari Hemp" and "Deccan Hemp".)
"Hemp, Inc.'s (OTC:HEMP) goal is to be the leading processor of processed and raw hemp materials when it becomes legal in North Carolina," said Perlowin. There are also plans of building a GMP compliant facility for the extraction of CBDs from hemp. Perlowin's migration strategy of processing Kenaf first is expected to put Hemp, Inc. years ahead in the hemp processing industry.
According to company executives, shareholders will see more of Hemp, Inc.'s core business develop. As the decortication facility in North Carolina continues to progress through the end of 2014 and through the first quarter of 2015 and on, Hemp, Inc. executives are eagerly looking forward to bringing more hemp-based clean, green solutions to the American people. "We constantly strive to deliver value to our shareholders and we believe our efforts will position us to do just that over the long term."
The synergistic expo will put Hemp, Inc. one step further to its goal. Ascentexpo.com describes the expo as "Creative Capitalism" where conscious-oriented people connect through commerce, working and living in a way that is conscious of other people, conscious of the environment and cultures, and mending those traits in everyday business practices.
To reserve a booth at the 2015 Ascent Expo in Los Angeles, California, contact Ashley Leyva at (800) 568-EXPO.
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 currently involved in the cultivation or marketing of medical cannabis. (www.hempinc.com). Instead, our focus is on industrial hemp and the myriad of uses (over 25,000 products made from hemp that the hemp plant offers) in creating a new clean green American Agricultural and Industrial Revolution.
Update on Hemp, Inc.'s Decortication Plant
After months moving from its original location to its current home, the Temafa and Macintosh line of equipment, the mill and the Kenaf is 100% completely moved to our 70,000 square-foot warehouse on seven acres purchased by Hemp, Inc. Everything is now in its new facility being assembled and organized, as Hemp, Inc. sets up shop. To see a time lapsed video on the disassembly and moving of the equipment, click here. Executives anticipate the facility to be fully operational by the end of the first quarter in 2015. The bulk of Kenaf on-hand will be processed for fiber and Lost-Circulation Material (LCMs) for the drilling industry. The final tally on the 15 million pounds of Kenaf we got for free with the purchase of the machinery is 5 million pounds as the majortiy of it was not up to our standards to be worth moving to our new facility.
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. IHMMCC is entrenched in all the multi-faceted opportunities in the medical marijuana and Industrial Hemp industry. (www.HempInc.com) Executives of IHMMCC are focused on its current clients.
HEMP, INC.'s TRIPLE BOTTOM LINE
Hemp, Inc. (HEMP) seeks to benefit many constituencies from a "Cultural Creative" perspective thereby not exploiting or endangering any group. 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 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—our triple bottom line approach can be an important tool to support sustainability goals.
About eWorld Companies, Inc.
eWorld Companies (PinkSheets:EWRC) markets and distributes cutting edge Internet technologies including its patent-pending Boomerang Media Station®, a multimedia content platform that delivers proprietary and third-party movies, music videos, and other streaming content via its state-of-the-art video player. eWorld also produces and promotes professional and lifestyle events through its subsidiary, "THE Xperience.", including the upcoming 1st ASCENT EXPO in Los Angeles on February 27-28 & March 1, 2015. Ascent Expo, with the byline "Commerce – Innovation – Creativity", will provide a forum for "Cultural Creatives", a fast-growing new breed of forward-thinking, cutting-edge businesses, individuals and non-profit organizations committed to achieving commercial and social success while applying the principles of positive psychology to people's everyday lives and activities.
About the Ascent Expo
The 2015 Ascent Expo mission is to assemble the might of the entertainment industry, innovative corporations, moguls, influential communicators and the media to enjoy, learn, co-create successful ventures, cooperate in facilitating commerce, and empower each other toward a higher consciousness in solving our planet's most important social, environmental and human rights issues. Ascent Expo will include multiple live music performances, eye-opening information sessions, mind-expanding motivational lessons, runway fashion shows, and red carpet celebrity excitement - with numerous television shows being filmed simultaneously throughout the event.
SAFE HARBOR ACT
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.