STOCK TITAN

Hemp, Inc. Profiled as Key Player in Latest Industrial Hemp Industry Report on Emerging Trends, Growth, and Future Scope by 2027

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Rhea-AI Summary
Hemp, Inc. cited as key player in $18.6 billion industrial hemp market by 2027. Hemp-based products expected to have significant growth. Hemp, Inc. well-positioned to capture market share with its CBD/CBG/CBN products. Hemp, Inc.'s CBD/CBG coffee enhancer is 4 times more potent than competitors and retails for $27.95 (7-day supply) and $99.95 (30-day supply).
Positive
  • Hemp, Inc. well-positioned to capture market share with its CBD/CBG/CBN products
  • Hemp-based products expected to have significant growth
Negative
  • None.

LAS VEGAS, NV, Sept. 06, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - The future scope of industrial hemp is set to reach $18.6 billion by 2027 with Hemp, Inc. (OTC PINK: HEMP) cited as one of the key players in the global market.  The latest report (published September 1, 2023) Industrial Hemp Market Industry Increasing Demand, Emerging Trends, Growth, and Future Scope by 2027 provides a quantitative analysis of market segments and current trends, and Hemp, Inc. is profiled as one of the key players driving the market.  The industrial hemp industry is a rapid, eco-conscious marvel and according to one common denominator of recent reports, hemp-based products will continue to have significant growth over the next few years which will undoubtedly bring more opportunities to companies well-positioned in the industry.

Hemp, Inc.’s e-portal (www.hempinc.com) to its CBD products is primed and poised to capture a large share of the marketplace, not just domestically but globally if the hemp industry continues to evolve at this rate.  Report after report, as another one mentioned in a previous press release, is seeing a surge in the “younger population toward organic and natural products” which is anticipated to drive the demand for hemp-based products globally. There’s no doubt Hemp, Inc. has a superb lineup of CBD/CBG/CBN products so the Company is well-positioned to grab a sizeable portion of that market share. Hemp, Inc.’s products include a CBD-CBG Topical Pain Relief Roll-on (THC-free with 1,460mg of CBD and 630mg of CBG totaling 2,090mg of cannabinoids in 5ml), CBD/CBG Natural Coffee Enhancers, CBD/CBG Tinctures, and, CBDa/CBGa/CBD/CBG/CBN Capsules.

The Company also discovered its grounded kenaf hemp blend makes the perfect substrate to grow healthy and/or medicinal mushrooms and has the capability to make and/or provide the raw materials to produce hemp-based products such as hempcrete, horse bedding, hemp bio-plastics, and more. Needless to say, Hemp, Inc. continues to have a strong foothold in the market with an invaluable roster of manufacturers and vendors across the country and abroad to see meteoric growth curves on a domestic and international scale.

“Industrial hemp or hemp is a variety of Cannabis sativa plant species that is grown especially for commercial purposes. Industrial hemp is a fast-growing, environmentally friendly plant with a low cost to produce. It is also one of the multipurpose and sustainable crops in the world. Moreover, industrial hemp can be refined into a variety of commercial items such as rope, paper, clothing, textiles, insulation, paint, biodegradable plastics, food, biofuel, and animal feed.” (Source)

More on Hemp, Inc.’s Current Product Line

The product line contains CBD, CBDA, CBG, CBGA, and CBN (non-psychoactive compounds found in cannabis plants). These are active ingredients in cannabis that are derived from the hemp plant, which is widely known for pain relief, relaxation, and anxiety relief. A recipe is only as good as its ingredients and how those ingredients are blended. Hemp, Inc. is the only company in America that uses pharmaceutical-grade beta-cyclodextrin (a carbohydrate used during the manufacturing process) which is combined with all the cannabinoids for rapid absorption and uptake.  The Company’s CBD, CBDA, CBG, CBGA, and CBN product lines are highly potent therapeutic doses that have received rave reviews. 

Hemp, Inc. has also pushed the boundaries with its CBD/CBG coffee enhancer. This powerhouse product is super potent, absorbs rapidly in coffee, and is 4 times more potent (at a fraction of the price) than other hemp-derived coffee enhancers currently on the market. Its high-quality ingredient combination offers 30 servings per bottle and contains a total of 10,000mg of cannabinoids (7,500mg CBD and 2,500mg CBG) in an MCT oil base. Per serving, that’s 250mg CBD and 83mg CBG remarkably mixed in a wonderfully rich cup of coffee.  

The CBD/CBG coffee enhancer comes in plain (natural) and vanilla flavors.  The plain (natural) coffee enhancer is available now and the vanilla flavor will be available by the end of this month.  A single container (7-day supply) retails for $27.95 and a bottle (30-day supply) retails for $99.95.  Wholesale bulk orders are single-use packages, available through select restaurants.

For more information on Hemp, Inc.’s products, click here. Catch up on Hemp, Inc.’s latest news below.

Hemp, Inc. Reports Higher Education Aims to Harness Hemp’s Full Potential From Field to Fabric
Hemp, Inc. Reports: Hemp Seed and Hemp Fiber Set to Flourish on a Global Scale
Hemp, Inc. Reports: Hemp-Based Product Sales Expected to Reach $16.2 Billion by 2033
Hemp, Inc. Reports: Hemp Recognized as Specialty Crop with US Department of Agriculture
Significant Increase in Revenue Proving 2023 to be a Banner Year for Hemp, Inc.
Hemp, Inc. Reports: Industrial Hemp Act 2023
New Look, New Feel for Hemp, Inc.’s Hempinc.com
Hemp Inc.’s Year-to-Date Sales Increase 315% Over Last Year
Hemp Inc. Reports Third Quarter Results and Removal of “Yield” Sign
Hemp Inc. Reveals Stunning Results of its Hemp Research
Hempcrete Approved for U.S. Residential Construction
Hemp Inc. See Significant Increase in Revenue Over the Last 3 Quarters
Hemp, Inc. Offers CBD-CBG Topical Pain Relief Roll-On
Hemp, Inc.’s Chief Visionary Consultant Bruce Perlowin Brings Opportunity to Hemp, Inc. (August 8, 2022)
Hemp Inc.’s CBDA and CBGA Products on Sale Now (July 19, 2022)
Hemp Inc.’s Chief Visionary Consultant Bruce Perlowin talks with Stock Day podcast about Hemp Inc.’s super potent line of CBD/CBG/CBN Products (July 7, 2022)
Healthy Products for Healthy Living: A Look into Hemp, Inc.’s Pure, Premium, and Potent CBD and Wellness Products (June 16, 2022)
Hemp, Inc. Releases New High Potency CBD/CBG Vanilla Flavored Coffee Enhancer (June 9, 2022)
Hemp, Inc.’s King of Hemp CBD-CBG-CBN Natural Sleep Aid Capsules in Stock and On Sale (May 26, 2022)
King of Hemp Natural and Vanilla-Flavored CBD/CBG “Super” Tinctures Now in Stock (May 12, 2022)

About Hemp, Inc.

With more than 14 years of experience in growing and processing hemp in North America, Hemp, Inc. has an established network of industry professionals in every segment of the industrial hemp industry. Its mission of providing green solutions that help make the world a better place continues to flourish as the company advances an ever-growing portfolio of revenue and value-generating synergistic businesses. Hemp may be the salvation in retooling America for greener, more sustainable domestic manufacturing.

The Company will continue to keep its shareholders up to date on all pertinent material events, product releases, production plans, and inventory availability. Those interested in distributing on a large-scale basis should email sales@hempinc.com or call 877-436-7564 for more information. The entire product line includes tinctures, gummies, capsules, and edibles in a variety of sizes, potencies, flavors, and formulas with a future focus on healthy foods for healthy living.

Forward-Looking Statements

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. The Securities and Exchange Commission (SEC) requires issuers to provide “adequate current information”. Financials for Hemp, Inc. are listed on the OTC Exchange. More information can also be found on the Hemp, Inc. website by visiting www.hempinc.com/financial-disclosures/. The 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 involve risks and uncertainties.

Contact:
Hemp, Inc.
Investor Relations
(855) 436-7688
ir@hempinc.com


HEMP INC

OTC:HEMP

HEMP Rankings

HEMP Latest News

HEMP Stock Data

237.41k
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Las Vegas