HEMP, Inc. Discusses Rapidly Increasing Revenues for 2020 with The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - May 22, 2020) - The Stock Day Podcast welcomed HEMP, INC. (OTC Pink: HEMP) ("the Company"), a company that 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. The CEO of the Company, Bruce Perlowin, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's King of Hemp Pre-Rolls, which have been in increased demand despite the COVID-19 pandemic. "We're actually exploding in our business," shared Perlowin. "We just finished our blend, so we are now legal in all 50 states," he continued. "COVID-19 doesn't affect us because we sell it over the internet and ship directly to stores and individuals," said Perlowin, adding that the Company is located in a safe area. "We grew about 100,000 lbs of Pre-98 OG Bubba Kush. We're going to sell about 10-20% of that, and we may go a little bit over that, and the rest will go into our pre-rolls" said Perlowin. "We've had more action in the last two weeks than we have all year."
Jolly then asked whether the Company is focusing more on retail or wholesale. Perlowin explained that the Company will remain focused on both wholesale and retail strategies going forward, adding that their ability to sell in all fifty states will allow them to focus even more on direct to consumer sales. "This is our year," said Perlowin. "In the second quarter you'll start seeing the huge sales we've been working towards all of these years."
"How has COVID-19 affected the industry?", asked Jolly. Perlowin explained that many companies in the marijuana and hemp industry are located in rural areas allowing for easier social distancing and safer working conditions. "It has not affected us at all in terms of productivity, however it has affected us in the marketplace," he shared, adding that many studies have emerged discussing the effectiveness of cannabis against COVID-19.
Jolly then noted that the Company has established a rehabilitation and cultivation space, and asked about their growing strategy in the Arizona climate. "You have to be careful. You have to plant before June or July," explained Perlowin, adding that the Arizona growing season allows for at least two crops. "You just have to make sure you have a strain that is climatized for this climate."
The conversation then turned to the Company's potential over the remainder of 2020. "I think you can expect from Hemp, Inc. more revenue than possibly the entire first nine years of our existence," said Perlowin, noting pending sales. "Our sales are exploding."
To hear Bruce Perlowin's entire interview, follow the link to the podcast here: https://audioboom.com/posts/7588929-hemp-inc-discusses-rapidly-increasing-revenues-for-2020-with-the-stock-day-podcast
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.
https://www.facebook.com/KingOfPot (Bruce Perlowin's Facebook Page)
https://www.hempincpresents.com (Hemp, Inc.'s YouTube Channel)
FORWARD-LOOKING DISCLAIMER AND DISCLOSURES
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. To clarify the issue of OTC placing a stop sign next to Hemp, Inc.'s stock trading symbol, that symbol indicates Hemp, Inc. does not report their financials. As a non-reporting pink sheet company, Hemp, Inc. is not required to report. The company does, however, choose to publicly report its quarterly and yearly financials on its website. According to the company's CEO, the OTC stop sign is a misrepresentation of that reporting fact. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties.
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America. Stock Day recently launched its Video Interview Studio located in Phoenix, Arizona.
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