Hemp Stock Price, News & Analysis

Hemp, Inc. (OTC PINK: HEMP) has announced that Ocean Mart, a Florida retailer, has begun carrying the entire King of Hemp® product line. Located near popular beaches, Ocean Mart is now a prime source for hemp products, responding to customer demand for CBD options. Following their initial stock, the store quickly sold out of King of Hemp® products due to high quality and local interest. Additionally, Hemp, Inc. recently acquired American Sustainable Rubber Company to enhance its hemp cultivation capabilities. This move signifies a strategic expansion in the company's operations and market presence.

Hemp, Inc. (OTC PINK: HEMP) has expanded its King of Hemp® product line through a partnership with Ecowellness, LLC, now offering retail sales at Prevail Marketplace in Henderson, NV. This collaboration aims to enhance the brand's visibility in the farmers market sector, catering to a growing customer base focused on health and wellness. CEO Elena Orque emphasizes high-quality CBD/CBG products, while Jim Hancock, President of Hemp, Inc., highlights the potential for long-term growth through this alliance. The company continues its mission of social change and economic revival through strategic acquisitions and community engagement.

Hemp, Inc. (OTC PINK: HEMP) has announced the acquisition of American Sustainable Rubber Company (ASR) from United American Healthcare Corporation in an all-stock transaction. This acquisition aims to enable the large-scale production of natural rubber from genetically modified dandelions, leveraging ASR’s proprietary technology. The company believes this will enhance its hemp cultivation and lead to new avenues for growth, following its previous acquisition of Ferris Holding, Inc. in September 2021. The developments position Hemp, Inc. for future profitability in the face of a potential rubber supply crisis.

Hemp, Inc. (OTC PINK: HEMP) has announced that USA Grocer in Boca Raton, Florida, will carry its full King of Hemp® product line. This partnership is expected to enhance Hemp, Inc.'s market reach, as USA Grocer serves over 100,000 residents. Owner Akhtar Awan noted the demand for high-quality hemp products among his loyal customer base. Notable offerings include CBD-infused gummies, pre-rolls, and tinctures. The collaboration aims to capitalize on the growing popularity of hemp products, ensuring customer satisfaction through quality assurance and extensive product variety.

Hemp, Inc. (OTC PINK: HEMP) is initiating a significant growth phase by enabling entrepreneurs to establish King of Hemp® stores across the U.S. with minimal investment of $10,000 in products, contrasting sharply with traditional franchising costs. The company aims for 200 retail locations by 2022. This initiative follows the acquisition of Ferris Holding, enhancing product launch capabilities. Jim Hancock, Hemp, Inc.’s president, asserts that these stores will generate substantial revenues. Retailers can seek more information via sales@hempinc.com.

Hemp, Inc. (OTC PINK: HEMP) reports a significant surge in its stock value, rising by 13.79% on November 12, 2021, following the announcement of the States Reform Act aimed at legalizing and taxing marijuana. Over 80 million shares were traded, indicating increased investor interest. The Act seeks to regulate cannabis similarly to alcohol and includes a 3.75% excise tax on sales. Hemp, Inc. is poised to benefit from this growing market, projected to reach $51 billion by 2025, and continues to expand its operations, including product launches and acquisitions.

Hemp, Inc. (OTC PINK: HEMP) reports positive growth projections in the industrial hemp sector, fueled by technological advancements and market opportunities. According to a recent report, the global industrial hemp market is expected to reach $18.6 billion by 2027, growing at a CAGR of 22.4%. The surge in demand for hemp products, including food, beauty, and personal care items, drives this growth, despite challenges from complex regulations. Hemp, Inc.'s acquisition of Ferris Holding, Inc. enhances its capabilities for product expansion in this rapidly evolving market.