$HEMP News - 7,000 Pound Sale of Kenaf Kicks Hemp, Inc. Product Sales into Action #HEMP

LAS VEGAS, NV - (http://www.financialnewsmedia.com News Alert) - As Hemp, Inc.\'s (OTC PINK: HEMP) multi-purpose industrial hemp decortication facility nears completion, executives are shifting their focus to sales and marketing and are pleased to announce the sale of approximately 7,000 pounds of raw Kenaf to a Tennessee company involved in the biofuel industry. According to David Schmitt, COO of Hemp, Inc.\'s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC (IHM), the company purchased the raw kenaf for testing and evaluation. \"We are extremely optimistic that this sale will lead to even more sales of our raw kenaf,\" said Schmitt. \"We are also currently working with several Fortune 500 companies on various projects involving either kenaf or industrial hemp.\"



Last week\'s sale of kenaf (a cousin plant to hemp in the hibiscus family) has definitely kicked Hemp, Inc.\'s product sales into action. Schmitt says the company is currently negotiating a five-million-pound potential sale of raw kenaf. \"We received a serious inquiry and price request for five million pounds of the raw kenaf we have on hand. If we finalize this sale, we could be looking at $1,250,000.\"



Kenaf fiber, while great for oil-absorbent materials, can also be used to make end products such as paper, grass mats, fiberglass substitutes, fiber composites for the automotive industry, animal bedding, chicken litter, animal forage, particle board, potting soil, and more.



Schmitt went on to say, \"We are in a very advantageous position because Industrial Hemp Manufacturing, LLC is the only company in America with millions of pounds of kenaf on hand, ready to sell and we are the largest facility capable of outputting forty million pounds per year. Not to mention, we have 400 acres of kenaf planted this year, but if we sell more, we plan to increase this year\'s planting from 400 acres to approximately 2,000 acres.\"



Once the, now fully funded, North Carolina Industrial Hemp Commission creates the guidelines for the cultivation of hemp, Hemp, Inc. will kick its hemp fiber sales into high gear and process massive quantities for distribution... an easy feat for the 70,000 square foot commercial multi-purpose industrial hemp decortication facility. Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP) said, \"Right now, we are...