Welcome to our dedicated page for HEMP news (Ticker: HEMP), a resource for investors and traders seeking the latest updates and insights on HEMP stock.
Hemp, Inc. (OTC: HEMP) is a leading producer of hemp-derived products, specializing in CBD-infused items like personal care products, cosmetics, food, beverages, and nutraceuticals. With a focus on high-quality CBD products, Hemp, Inc. uses pharmaceutical-grade beta-cyclodextrin in combination with cannabinoids for rapid absorption and efficacy. The company offers a range of CBD/CBG products, including coffee enhancers, tinctures, capsules, and pain relief roll-ons. Additionally, Hemp, Inc. manufactures industrial hemp products like oil spill cleanup solutions and drilling fluid additives. With a strong presence in the hemp market and a commitment to innovation and sustainability, Hemp, Inc. continues to drive industry growth both domestically and internationally.
Hemp, Inc. (OTC PINK: HEMP) launched a new potent CBD/CBG coffee enhancer that absorbs rapidly and is four times more effective than competitors. Each bottle contains 10,000mg of cannabinoids (7,500mg CBD, 2,500mg CBG), providing 30 servings at 250mg CBD and 83mg CBG per serving. Retail prices are $27.95 for a 7-day supply and $99.95 for a 30-day supply. The product has received overwhelmingly positive feedback from consumers, especially coffee lovers. This marks the fourth product in their CBD/CBG King of Hemp® line, tapping into the large coffee market with potential health benefits.
Hemp, Inc. (OTC PINK: HEMP) announced a strategic restructuring in its sales and marketing division aimed at boosting profitability and supporting demand for its King of Hemp® product line. Key initiatives include launching an influencer-based marketing campaign, implementing a new CRM system through HubSpot, and enhancing digital presence through SEO. The company emphasizes building authentic partnerships with trusted influencers in the CBD/CBG community and aims to create personalized customer experiences. Hemp, Inc. plans to keep shareholders informed about material events and large-scale orders for its products.
Hemp, Inc. (OTC PINK: HEMP) has launched its third product, Premium Hemp Pre-Rolls, from its CBD/CBG portfolio. These pre-rolls are infused with hemp terpenes and are designed to enhance health and wellness. They feature flavors like Grape, Maui Waui, and Blue Dream, targeting pain reduction, sleep improvement, and anxiety alleviation. All products are made from organically grown hemp. This release follows the recent introduction of CBD/CBG Super Tinctures and CBD/CBG Power Capsules. Shareholders will receive updates on future product developments.
Hemp, Inc. (HEMP) announced the U.S. House of Representatives passed the MORE Act on April 1, 2022, aimed at federally legalizing marijuana. This legislation seeks to remove cannabis from the Controlled Substances Act, expunge past federal cannabis convictions, and eliminate criminal penalties for federal cannabis offenses. The bill, having passed the House with a 220-204 vote, now moves to the Senate for further deliberation. The approval marks a significant step toward cannabis reform, which could impact the cannabis stock market positively due to increased trading volumes.
Hemp, Inc. (OTC PINK: HEMP) reports potential federal legalization of marijuana as the U.S. House of Representatives prepares to vote on the MORE Act. This legislation aims to remove cannabis from the Controlled Substances Act and expunge past federal convictions. With the bill's approval in December 2020, it faced stalling in the Senate. However, recent developments have reignited discussions, potentially benefiting cannabis stocks. Hemp, Inc. saw a 23% stock price increase and fivefold surge in trading volume following the news, reflecting heightened market activity and optimism.
Hemp, Inc. (OTC PINK: HEMP) announced the launch of a new CBD/CBG power-packed capsule aimed at pain reduction, improved sleep, and alleviating anxiety. Each capsule contains a potent blend of CBD and CBG, including variations for specific needs. To promote the product, the company is offering free sample packs to the first 100 customers, with shipping fees applying. The capsules are independently tested, vegan, gluten-free, and made in the USA. The COO expressed excitement about this product and indicated plans for a third product announcement soon.
Hemp, Inc. (OTC PINK: HEMP) has launched a new CBD/CBG tincture featuring 7,500mg of CBD and 2,500mg of CBG, making it four times more potent than typical products, priced at $99.95. This reformulation enhances bioavailability, improving customer satisfaction. The tincture is available in three flavors and is tested for safety and compliance. COO Jed Perlowin emphasized the company's commitment to quality and plans to unveil two additional products this week, responding to growing market demand and positive consumer feedback.
Hemp, Inc. recently announced that hempcrete, a sustainable building material, has been submitted for inclusion in the International Residential Codes by the US Hemp Building Foundation. This evaluation process by the International Code Council is set for March and September 2022. If approved, hempcrete will be recognized as an official building material in the US, potentially transforming construction practices. The hemp industry is projected to grow significantly, reaching $12.01 billion by 2028.
On February 15, 2022, Hemp, Inc. (HEMP) reported that hemp has gained attention from USDA Secretary Tom Vilsack, who announced $1 billion in grants to promote climate-friendly farming. The grants aim to support sustainable agriculture practices, with hemp being highlighted for its potential to improve soil health and assist in bioremediation. Hemp can sequester carbon, making it a zero-carbon energy source. The USDA encourages projects demonstrating climate-smart practices. Hemp, Inc. is well-positioned to benefit from this trend, aiming to expand its product line and market reach.
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