GENH Stock Price, News & Analysis

Generation Hemp has launched its new Rowdy Rooster Hemp animal bedding line, available on Amazon and their Shopify website. The bedding, made from Hemp Hurd, a byproduct of the company's hemp processing, supports a sustainable operation and adds a new revenue stream. Priced competitively at approximately $1.50 per pound, it offers superior absorbency and low dust compared to traditional bedding. The product aims to capitalize on limited market exposure in the U.S. while positioning the company as a leader in the hemp bedding market.

Generation Hemp, Inc. (OTC-PINK:GENH) has launched its new Rowdy Rooster Hemp animal bedding line created from hemp hurd byproducts. This initiative aims to supplement revenue and promote sustainability in a growing industry. The bedding, priced at a discount of $1.50 per pound, is expected to outperform traditional materials. The company plans to expand its presence in both ecommerce and brick-and-mortar channels following initial sales. Additionally, it will provide bedding to a local animal rescue to encourage community adoption of hemp products.

Generation Hemp, Inc. has announced significant corporate changes following its Board of Directors meeting on August 30, 2021. The company has successfully transitioned its domicile from Colorado to Delaware effective August 20, 2021. Additionally, all outstanding Series A Convertible Preferred Stock has been converted into Common Stock, resulting in 75,947,376 new shares issued. The company's Board now consists of four members, including three independent directors, who have taken key roles in newly established committees.

Generation Hemp, Inc. (OTC-PINK:GENH) announces that Chairman and CEO Gary C. Evans will speak at The Southern Hemp Expo in Raleigh, NC on September 2, 2021. The discussion will focus on financial wellness for hemp companies. The company is implementing green policies in operations, emphasizing sustainable practices in their new animal bedding segments, Rowdy Rooster and Kentucky Gold, derived from hemp byproducts. With a focus on environmental awareness, Evans underscores the importance of sustainable practices in the hemp industry.

Generation Hemp, a hemp midstream company (OTCQB: GENH), announced an operational update regarding new contracts for drying and processing services in western Kentucky. Last year, the company processed over 7 million pounds of hemp biomass, generating approximately $3 million in revenue. The new contracts are expected to significantly boost revenues over the next year. CEO Gary C. Evans noted the company has successfully attracted new business from distant farmers, owing to the quality of their product and high customer service.

Generation Hemp, Inc. (OTCQB: GENH) announced the addition of three independent members to its Board of Directors, expanding the board to four members. The new appointees—Gary D. Elliston, John Harris, and Joe L. McClaugherty—bring significant legal, financial, and cannabis industry experience. This move aims to enhance corporate governance and support the company's growth strategy in the hemp midstream sector. CEO Gary C. Evans highlighted the importance of these appointments in driving shareholder value and the company's strategic efforts.

Generation Hemp (OTCQB: GENH) has signed a new Toll Processing Agreement with a leading hemp processor. Under this contract, its subsidiary Halcyon will process approximately eight million pounds of hemp biomass at its 48,000 square foot facility in Hopkinsville, Kentucky. Operations are set to begin in 30 days. This agreement is expected to enhance facility utilization during the typically slow planting season. Halcyon's upgraded facility features four new dryers, capable of processing 1,200 pounds of dried hemp per hour.

Generation Hemp, Inc. (OTCQB: GENH) announced an upcoming interview with Chairman and CEO Gary C. Evans on NewsRadio 1080 KRLD AM, scheduled for June 30, 2021, at 6:20 PM CDT. Evans will share insights about his transition from the oil and gas sector to the hemp industry, discussing the distinctions between marijuana and hemp. He will also highlight the growing use of hemp in industrial applications and how capital markets are responding to these developments. Generation Hemp operates in the midstream sector and utilizes proprietary technology for processing hemp.

Generation Hemp, Inc. (OTCQB: GENH) announced its participation in the USA CBD Expo in Atlanta, running from June 11 to June 13. This major event hosts 500 industry brands. CEO Gary C. Evans will present on June 11 at 6:15 PM EDT, outlining the launch of a new industrial animal bedding division utilizing hemp fiber. This initiative aligns with the company's strategy to expand into industrial hemp applications. Interested parties can contact Halcyon Thruput for purchasing inquiries and arrange meetings with the CEO at the Expo.