LAS VEGAS, April 29, 2015 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC:HEMP), processor, manufacturer and marketer, in the industrial hemp industry, is pleased to update its shareholders on the progress of its decortication facility in Spring Hope, North Carolina. Thus far, Hemp, Inc. was able to install its new Guard Lite Security Lighting Systems. The Guard Lite security system, manufactured by Liberated Energy, Inc. (OTC:LIBE) in Marlton, New Jersey, is a self-powered wind and solar power lighting and security system. The purchase of the system resulted from the strategic partnership between Hemp, Inc.'s Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC) and Liberated Energy.
In addition to the LED lights the system offers, it also has a wifi high definition camera with 2-way audio with infrared and motion technology. Each unit generates 4.5 KWh of electricity per day, but consumes .60 KWh per day leaving a surplus of 3.9 KWh to use for other electrical devices. The surplus gives Hemp, Inc.'s subsidiary, Industrial Hemp Manufacturing, LLC the option of selling the additional power back to Spring Hope's Duke Energy.
"We are all about sustainability… clean, renewable energy," says Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP). According to Hemp, Inc. executives, Chief Operating Officer of Hemp, Inc.'s subsidiary, Industrial Hemp Manufacturing, LLC, David Schmitt is scheduled to meet with Duke Energy this week regarding selling its excess power from the Liberated Energy Guard Lite Security System back to the grid.
"We can access the high definition camera from anywhere in the world from our cell phone or computer as long as we have a wifi connection," said Schmitt. According to Perlowin, the company plans to install two more Guard Lite Security Systems in order to provide 360 degree visual protection. The Guard Lite Security System is also an energy tax credit certified product.
The Temafa Engineer, previously scheduled to arrive at the decortication facility, is now set to arrive on May 16, 2015. Upon arrival, the engineer will conduct a thorough inspection of the decortication line and make recommendations for any parts that may need to be replaced. "We have spent the last several months combing through the machinery piece by piece, replacing bearings, belts, sprokets, chains, gearboxes and any worn parts that need to be replaced. It is my goal to have the entire decortication line just like new by the time we go into production," said David Schmitt, COO of Hemp, Inc.'s subsidiary Industrial Hemp Manufacturing, LLC.
According to Schmitt, they recently purchased a 100-horsepower air compressor to supply compressed air to the decortication line. "We will begin installing the new compressor as well as all of the piping prior to Temafa's arrival. We'll also begin to install all of the cable trays so that we can begin reconnecting all of the electrical wiring to the decortication line."
By mid May, the kenaf crop will be planted in Nash County, North Carolina, providing the company with raw material for year 2016. For the current year, the company has 15 million pounds of raw kenaf available. While this particular raw material is legal, a simmering concern among hemp farmers in Kentucky and other states is the non-existence of processing facilities once the crop is cultivated. Perlowin says Hemp, Inc.'s decortication plant alleviates that concern. "Our decortication plant is specifically designed to process raw hemp and kenaf. It's the largest of its kind in North America (and South America for that matter). Once it's operational, it's just a matter of logistics and legality. Once that is overcome, the American hemp farmers will have an industrial, commercial processing facility for their crops," said Perlowin.
Temafa, the manufacturer of Hemp, Inc.'s decortication line, is a leader in the global blending solutions industry with more than 120 years of experience in the manufacturing of fibre opening, cleaning and blending systems. According to its website, its manufacturing site is equipped with the "latest machines and systems enabling both an economical production of smaller series and the realisation of custom-made solutions for complex system requirements."
To see a video of Hemp, Inc.'s update of its decortication line, click here.
ABOUT HEMP, INC.'S DECORTICATION LINE
Hemp, Inc.'s automated Temafa decortication line, which can be used to process raw hemp and Kenaf for the American farmers, is the only one of its magnitude in North America. The highly coveted decortication line is currently the only commercial, large-scale machine of its kind in North America. According to Perlowin, it would take at least 2 years, minimum, to duplicate the line. Hemp, Inc. and its whole team is committed to the American farmers and plans to continue spearheading a new clean, green American Agricultural and Industrial Revolution based on hemp and hemp products. The decortication and milling plant, is housed in a 70,000 square-foot warehouse (with a 6-inch cement foundation and a refrigerated section).
HEMP, INC.'s TRIPLE BOTTOM LINE
Hemp, Inc. (OTC:HEMP) seeks to benefit many constituencies from a "Cultural Creative" perspective thereby not exploiting or endangering any group. CEO of Hemp, Inc. (OTC:HEMP), 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 "upstreaming" of a portion of profit from the marketing of their finished hemp goods back to its originator, in which most cases will one day be the American 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—our triple bottom line approach can be an important tool to support sustainability goals.
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