"According to a USDA report, on average, China produces significantly higher yields per acre of hemp. That's the primary reason we chose China to grow our crop," said David Tobias, President of Hemp, Inc.
"Hemp seeds, hulled and marketed as 'hemp hearts' or as 'toasted hemp seed', are in high demand by consumers. The actual retail value of this harvest, in seed products alone, could be well over $2,000,000. We are encouraged at the prospects to gain market share as America's demand for hemp foods is on the rise."
Another part of the crop consists of a Hemp cultivar suitable for textile manufacturing. These hemp fibers will be blended with cotton or other natural fibers and made into soft, durable garments such as T-shirts. Hemp clothing is growing in popularity, and celebrities have added to hemp's appeal by wearing designer hemp on the red carpet.
Demand for Hemp fabric may become much greater however, as according to a recent release by a leading natural fiber company, EnviroTextiles; "Research has proven hemp's ability to kill surface bacteria, while cotton, polyester, and polyethylene allow bacteria such as staph to remain on their surfaces for up to months at a time. China's military is using industrial hemp fabric for uniforms to fight staph infection. Other tests show hemp fabrics superior resistance to UV and infrared wavelengths, providing multiple applications for military use."
Hemp, Inc. CEO, Bruce Perlowin stated, "These tests show antimicrobial and antibacterial attributes of the hemp plant, that along with the heart healthy Omega fatty acids and protein in the seed, and hemp's soil remediation qualities, make for a sustainable crop that is useful in every aspect."
A value-added part of the Hemp plant is the chaff... the highly absorbent central part of the stem, obtained by mechanical de-fibering after the seeds are removed. The chaff is used for wet process hemp concrete building applications and animal bedding.
"We want all the chaff to use for the hemp adobe bricks that we will be making on our facilities in Arizona," continued Perlowin. "The market for eco-friendly landscape and building materials is huge."
Tobias continued, "We are at the beginning of an expanding market. Elite athletes began moving toward vegan protein supplements of which hemp is best. Recently, Hemp has gone mainstream in local markets. Now we're seeing the possibilities in healthcare, construction and even military applications. The economy of hemp is expanding, and Hemp, Inc. is poised to be an important part of it."
Hemp, Inc. seeks to benefit many constituencies, not exploit or endanger any group of them. Thus, the publicly-traded company believes in "upstreaming" of a portion of profit from the marketing of their finished hemp goods back to its originator.
By Hemp, Inc. focusing on comprehensive investment results—that is, with respect to performance along the interrelated dimensions of people, planet, and profits— our triple bottom line approach can be an important tool to support sustainability goals.
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