Navigation Links
Hemp, Inc. Signs Letter of Intent with One of China's Largest Agricultural Producers, Yasheng Group

NEW YORK, May 16, 2013 /PRNewswire/ -- Hemp, Inc. (OTC: HEMP) is pleased to announce an agreement with the Yasheng Group (OTC:HERB), one of China's largest agricultural producers. The signed agreement specifies that Yasheng Group will grow and process into finished product 637 mu (108 acres) of a specific cultivar of industrial hemp in China.  According to Hemp, Inc. executives, the cultivar will be very high in CBDs (a non-toxicating group of compounds with proven medical benefits and no serious contraindications) with less than .05% THC.  This level of THC is legal for import into the United States. Final seed products such as hulled hemp seed possess THC levels too low to have an intoxicating effect on anyone consuming it.


The harvested crop will be processed into finished products to be comprised of approximately 75,000 kilograms of top quality hemp. Hemp, Inc. (OTC: HEMP) will have final determination of the processing of the end product as the crop progresses to maturity. CEO Bruce Perlowin stated, "Hemp seed, hulled or pressed into oil has the most monetary value at market, but the possibility of providing a quality source of protein to the Chinese population that consumes a great amount of the world's food, is something we are working on. Yasheng representatives have showcased our Herbagenix hemp protein blend to interested buyers at a recent trade show in Hong Kong that could lead to a large sales presence inside China."

Hemp, Inc.'s President, David Tobias , is thrilled with the new agreement, "Yasheng Group is one of China's leading agricultural producers. They've been in business for over 30 years. We're especially proud that we've been able to join the ranks of major corporations McDonald's, KFC, Tsingtao Beer and Pepsi, who partner with the Yasheng Group."

Yasheng Group conducts business operations in China in three major segments: agriculture, livestock, and biotechnology and specializes in developing, processing, marketing, and distributing a variety of food products processed primarily from premium specialty agriculture products grown in North West China in 6 agricultural segments: field crops, vegetables, fruits, special crops, seeds and poultry.

Hemp, Inc. (OTC: HEMP) 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.

phone: 1-877-221-8351  

SOURCE Hemp, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. CleanPath Resources Corp Announces Worldwide Exclusive Stem Cell Enhancement Agreement with a Division of Hemp, Inc.
2. Hemp, Inc.s CEO, Bruce Perlowin, Announces Plan to Create a 500-Acre Kins Domain Community in Arizona
3. Hemp, Inc.s CEO, Bruce Perlowin, to Speak at Hempcon 2013 Tour on "Hemp and Medical Marijuana Public Company Stocks" and the "Industrial Hemp Industry"
4. Businessmen Bank on Marijuana as Colorados Green Rush Approaches in the Medical Marijuana Industry with Hemp, Inc. (OTC: HEMP) Leading the Charge
5. Hemp, Inc. Division Marijuana Inc. Announces Medical Grow Tour Venue In Portland, Oregon
6. Cempra, Inc. Signs Exclusive License and Development Agreement for Solithromycin with Toyama Chemical Co., Ltd., a subsidiary of FUJIFILM Holdings Corporation in Japan
7. Millennium HealthCare Signs Exclusive Distribution Agreement with Heart Smart Inc.
8. FEEL Golf Co., Inc. Signs EMR Software Development Agreement with ScheduleMorePatients LLC
9. Numotion Acquires Mobility Designs, Inc.
10. Millennium HealthCare Signs Distribution Agreement with Atossa Genetics
11. Sanomedics Signs Definitive Agreement to Acquire Prime Time Medical
Post Your Comments:
(Date:11/30/2015)... CHICAGO , Dec. 1, 2015 Researchers ... that measures body part thickness and checks for motion, ... to a feasibility study presented today at the annual ... America (RSNA). Steven Don , ... Radiology, Washington University School of Medicine in ...
(Date:11/30/2015)... Express Scripts (NASDAQ: ESRX ) today announced it will ... access to a low-cost alternative to Daraprim (pyrimethamine) , ... recently priced out of reach for people with HIV, pregnant ... --> --> Imprimis is offering a compounded ... acid) for $1 per capsule for people whose pharmacy benefit is ...
(Date:11/30/2015)... décembre 2015 MEDTEC Japon ... conférence d,Asie portant sur la conception ... manufacturière, se tiendra à ... 22 avril 2016. ... Photo - Logo ...
Breaking Medicine Technology:
(Date:11/30/2015)... ... November 30, 2015 , ... RoamRight, a leading provider of ... Public Television’s Travel With Kids to promote family vacations around the world. ... they explore international destinations and educate families about the people and places of the ...
(Date:11/30/2015)... ... 2015 , ... A novel class of antimicrobials that inhibits ... fighting methicillin-resistant Staphylococcus aureus (MRSA), one of the major drug-resistant bacterial pathogens, according ... analogs that target the functions of SecA, a central part of the general ...
(Date:11/30/2015)... ... November 30, 2015 , ... At Grand Dental PC, their priority is ... When you have dental problems, you need to turn to a dentist who listens ... treat your needs, a friendly dentist who counsels you on the best ways to ...
(Date:11/30/2015)... ... November 30, 2015 , ... Using a combination of two ... American children and adults, according to a new study by researchers at the School ... in Children and Adults: Using Combinations of Blood Glucose Tests ,” published in Frontiers ...
(Date:11/30/2015)... ... November 30, 2015 , ... Newly ... out of Glen Ridge, NJ. He has both advanced training and considerable ... He is also an expert in cosmetic dentistry. He is an active ...
Breaking Medicine News(10 mins):