News

Hemp, Inc. Acquires Leading Manufacturer of Hemp Products

Las Vegas, NV – (NewMediaWire) – September 14, 2021 – Hemp, Inc. (OTC PINK: HEMP), an established leader in the

industrial hemp market, announces that it has acquired a significant

manufacturer and co-packer, Ferris Holding Inc. (“Ferris”), headquartered in

Las Vegas, Nevada.  Hemp Inc.’s all stock acquisition of Ferris will

provide cost savings and increased revenue of products developed, manufactured

and co-packed by Ferris. As a leading co-packer and manufacturer, Ferris will

expand Hemp Inc.’s launching of new products in the hemp market that can be

distributed and sold worldwide by Hemp Inc.

Ferris was founded and began

operations in 2005 and has been the manufacturer of the King of Hemp® smokable

product line for Hemp Inc. With consistent stellar health department ratings

and innovative manufacturing processes that increase quality while decreasing

loss, Ferris is a highly respected manufacturer. The ownership of Ferris has

agreed to allow their management team to stay on for at least one year,

assuring a smooth transition to the management team at Hemp Inc. 

Jim Hancock, President of Hemp

Inc., stated, “We are very fortunate to have spent several years working with

the management team at Ferris in Las Vegas, NV, in providing the best quality

products in the Hemp market.  Our acquisition of Ferris will give Hemp

Inc., an advantage of launching new products that will expand our products and

bring new customers and distributors worldwide.  We also now will

experience significant cost savings to Hemp Inc. by having control of our

manufacturer and co-packer.”

King of Hemp® Gummies are

now in stock at retailers online. These CBD edibles come in a variety of

flavors and potencies of 25 gm, 20 gm and 10 gm. Flavors include blue

raspberry, kiwi, strawberry, pineapple, guava, tropical, apple, citrus, berry

tang and more. CBD Fruit Rings (20 gm and 10 gm) are

available in apple, peach and watermelon. King of Hemp® Sour Bears in

assorted flavors (10 gm) are in stock, too. 

King of Hemp® Caviar

(previously called Moon Rocks) offers high CBD potency and a rich taste. The

Caviar is made from high-quality Bubba Kush hemp flower, coated in a THC-free

distillate and then rolled in CBG-rich kief. While Caviar can be smoked in a

pipe or vaped, it should not be rolled into a cigarette.

King of Hemp® Diamonds

contain over 95% CBD and are derived from terpene-infused THC-free distillate.

Diamonds are consumed by dabbing. 

The robustly flavored King of Hemp® Pre-Rolls

are made from organic, pesticide-free Bubba Kush hemp wrapped in RAW Natural

Rolling Paper. The unique wrapper is made from 100% plants with no added chalk

or dyes. Pre-Rolls are sold online as singles and in a six-pack.

Fortified Pre-Rolls utilize the King of Hemp® Pre-Roll and

cover it with a high-CBD distillate and help kief. These highly potent,

flavorful pre-rolls are recommended for experienced smokers.

Midnight Express, a high CBG

Pre-Roll, is made from premium hemp flowers, named in honor of the 1977 book by

Billy Hayes ‘Midnight Express’, which

was also an award-winning feature film, written by Oliver Stone. Hemp, Inc. uses a

proprietary process for its Pre-Rolls, which includes blending the best flower

from numerous hemp crops. King of Hemp® Pre-Rolls

offer smokers a unique, consistent profile every time.

Hemp, Inc. began shipping its King of Hemp® product line

to stores across the country in late 2020.

King of Hemp® Tinctures

are currently sold out, but new-formulation tinctures will be available at the

King of Hemp® online store and at retail locations very soon. 

WHAT IS HEMP, INC.?

What is Hemp, Inc.? With a

deep-rooted social and environmental mission at its core, Hemp,

Inc. seeks to build a business constituency for the American

small hemp farmer, the American veteran, and other groups experiencing the

ever-increasing disparity between tapering income and soaring expenses. The

Company is on a mission to be a powerful engine for social change and economic

revival, worldwide, by providing hemp products that are eco-friendly,

sustainable and healthy. Hemp, Inc. executives believe there can be tangible

benefits reaped from adhering to a corporate social responsibility plan.

Hemp, Inc. investors can

further support the company’s mission by making the

King of Hemp® product purchases—a win/win scenario, because it generates

revenue for the company and the King of Hemp® offers only

the highest quality CBD and CBG products.

Jim Hancock, newly announced

President of Hemp, Inc., stated, “Now

is the time for all shareholders that live in the area to go to the store and

purchase King of Hemp® products for

their own benefit and to support their investment in Hemp Inc. If you do not

live in the area, go to the KingOfHemp.com website and order products so you

can enjoy the benefits high-quality hemp brings.”

FORWARD-LOOKING DISCLAIMER AND

DISCLOSURES

This press release may contain

certain forward-looking statements and information, as defined within the

meaning of Section 27A of the Securities Act of 1933 and Section 21E of the

Securities Exchange Act of 1934, and is subject to the Safe Harbor created by

those sections. The Securities and Exchange Commission (SEC) requires issuers

to provide “adequate current information” and Hemp, Inc. does… using the SEC’s

Alternative Reporting Standard to publicly report its quarterly and yearly

financials.  All current information can be found on www.hempinc.com/hemp-financial-disclosures/.

This material contains statements about expected future events and/or financial

results that are forward-looking in nature and subject to risks and

uncertainties. Such forward-looking statements by definition involve risks,

uncertainties.

Contact:

Hemp, Inc.    

855-436-7688

ir@hempinc.com

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