STOCK TITAN

HEMP INC - HEMP STOCK NEWS

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.

Rhea-AI Summary

Hemp, Inc. (OTC PINK: HEMP) has announced the opening of Dolan Station in Dolan Springs, Arizona, which will retail its King of Hemp® products. This market features a deli, fuel, and local souvenirs, becoming a popular stop for tourists visiting the Grand Canyon Skywalk. The King of Hemp® product line includes premium CBD and CBG offerings such as Caviar, Diamonds, and Pre-Rolls. CEO Bruce Perlowin emphasized the goal to expand distribution through retail stores like Dolan Station. The company aims to support American farmers and veterans while promoting eco-friendly hemp products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
none
-
Rhea-AI Summary

Hemp, Inc. (OTC PINK: HEMP) announced that its King of Hemp® products are now available at Hollywood Shell and Convenience Store in Hollywood, Florida. The store, owned by Frad Jaferi, has established itself as a key player in the local hemp market, providing a range of products including CBD and CBG items. The store sold out of King of Hemp pre-rolls within two months, indicating strong customer demand. The company aims to enhance its distribution revenue through retail partnerships, continuing its mission of supporting the American hemp farmer and providing high-quality hemp products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Hemp, Inc. (OTC PINK: HEMP) announces that King of Hemp® products are now available at Kwik Stop Food Store in Hollywood, Florida. The store, owned by Karim Lakhani since 2010, has quickly become a local leader in hemp products since stocking King of Hemp® items, which include CBD and CBG pre-rolls and wraps. Customers have praised the quality of these products. Bruce Perlowin, Hemp, Inc.'s Chief Visionary Consultant, aims to enhance distribution revenue through partnerships with retail outlets. The store offers a satisfaction guarantee and COAs for all products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.03%
Tags
none
-
Rhea-AI Summary

Hemp, Inc. (OTC PINK: HEMP) has announced that Mamas Medicinals CBD Store in Mendocino County is now offering the complete King of Hemp® product line. Mamas Medicinals, owned by Emily Held, focuses on providing a welcoming environment with a wide variety of CBD products, including custom body care and organic teas. The store aims to enhance customer experience through quality service and a selection of products that support both wellness and local entrepreneurship. This collaboration is part of Hemp, Inc.'s strategy to strengthen retail partnerships and increase distribution revenue.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.03%
Tags
none
-
Rhea-AI Summary

Hemp, Inc. (OTC PINK: HEMP) has acquired Ferris Holding Inc., a co-packer and manufacturer based in Las Vegas. This all-stock deal is aimed at driving cost savings and increased revenue through Ferris's established manufacturing capabilities, particularly in enhancing Hemp's product offerings in the hemp market. Ferris has a strong track record, including being the manufacturer of the King of Hemp® product line. The management team at Ferris will remain onboard for a year to ensure a smooth transition, as stated by Jim Hancock, President of Hemp, Inc.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

Hemp, Inc. (HEMP) announces that USA Grocer in Boca Raton, FL, is now stocking the complete line of King of Hemp® CBD products, including various smokable items. This collaboration aims to enhance distribution revenue and reach consumers seeking quality hemp products. The range includes Caviar, Diamonds, Pre-Rolls, and Gummies, with all products having lab analysis available online and in-store. CEO Bruce Perlowin highlighted the goal of providing top-tier CBD options that align with consumer lifestyles. USA Grocer, a local retailer for over 20 years, supports this initiative as a leading source for King of Hemp® offerings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.13%
Tags
none
-
Rhea-AI Summary

Hemp, Inc. (OTC PINK: HEMP) is poised to leverage the substantial growth in the hemp derivative market, projected to reach nearly $21 billion by 2028, up from an estimated $4.5 billion in 2019. A recent report indicates a 19.7% CAGR for this market. Contributing factors include increased cultivation and heightened consumer awareness about hemp's health benefits, partially driven by the COVID-19 pandemic. Hemp, Inc. is actively developing products across various sectors, including CBD oil, food, pharmaceuticals, and personal care industries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
55%
Tags
none
-
Rhea-AI Summary

Hemp, Inc. (HEMP) is expanding its market reach with new consumable wellness products, notably CBD gummies available online and at retail outlets. These gummies offer various flavors and doses for consumer preference. The company emphasizes the importance of purchasing from reputable sources like King of Hemp®. Research supports CBD's benefits in pain management and anxiety relief, contributing to a growing market share. Hemp, Inc. plans to focus on marketing and generating revenue, aiming for increased retail presence nationwide and an enhanced product lineup, including cosmeceuticals and nutraceuticals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.57%
Tags
none
Rhea-AI Summary

Hemp, Inc. (OTC PINK: HEMP) is experiencing a surge in interest from elite athletes adopting CBD in their training regimens. Following WADA's removal of CBD from its prohibited substances list, athletes like gold medalists Megan Rapinoe and Sue Bird advocate for its benefits. Hemp, Inc. sees this trend as an opportunity, promoting its King of Hemp product line. The company is also expanding marketing efforts and direct retail partnerships, aiming for significant revenue growth. With changing attitudes toward cannabis and increasing legalization, Hemp, Inc. positions itself as a leader in the burgeoning CBD market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of HEMP (HEMP)?

The current stock price of HEMP (HEMP) is $0.000001 as of October 9, 2024.

What is the market cap of HEMP (HEMP)?

The market cap of HEMP (HEMP) is approximately 237.4K.

What products does Hemp, Inc. specialize in?

Hemp, Inc. specializes in hemp-derived products, focusing on CBD-infused personal care products, cosmetics, food, beverages, and nutraceuticals.

What sets Hemp, Inc. apart from other companies in the industry?

Hemp, Inc. distinguishes itself by using pharmaceutical-grade beta-cyclodextrin in combination with cannabinoids for rapid absorption and efficacy in their highly potent CBD products.

What industrial hemp products does Hemp, Inc. manufacture?

Hemp, Inc. manufactures industrial hemp solutions like Spill-Be-Gone™ for oil spill cleanup and DrillWall™, a non-toxic drilling fluid additive used in oilfield applications.

How does Hemp, Inc. contribute to the hemp market's growth?

With connections to hemp manufacturers and vendors worldwide, Hemp, Inc. expects to see significant growth in the domestic and international hemp markets, playing a crucial role in maintaining health and well-being.

What is unique about Hemp, Inc.'s CBD/CBG coffee enhancer?

Hemp, Inc.'s CBD/CBG coffee enhancer is super potent, rapidly absorbed in coffee, and competitively priced, offering a premium coffee experience with 10,000mg of cannabinoids per bottle.

How does Hemp, Inc. approach innovation and sustainability?

Hemp, Inc. is committed to innovation and sustainability, exemplified by the USDA's approval of a genetically modified hemp strain and the company's focus on providing high-quality, eco-friendly hemp products.

HEMP INC

OTC:HEMP

HEMP Rankings

HEMP Stock Data

237.41k
23.74B
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Las Vegas