Hemp, Inc.'s Consulting Company Signs Agreement With FutureLand Corp - Seite 2

"This strategic alliance is an extension of FutureLand's marketing strategy. By working with us, we expect FutureLand Corp to gain significant market share in the cannabis or hemp grow facilities throughout the United States. This is just the beginning of a lot of great things to come," said Perlowin.

As one may recall, Hemp, Inc. shifted its focus away from IHMMCC's consulting services around the end of 2014 to focus on its multipurpose decortication plant in North Carolina. According to Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP) even though the company received a decent wave of revenue from consulting, a lot of the companies fell short on holding up their end of the agreement.

"We had one company bounce a check and a few others made the initial payment and then failed to make quarterly payments as specified in the agreements. We generated a large sale for another one of these companies and they only shipped about 60% of that order even after well over a year. These were companies that were not directly related to our industry but which sought to enter into the burgeoning industry during the explosive growth our industry experienced after the 2014 Farm Bill was passed and Colorado and Washington legalized recreational marijuana in the elections after November of 2013."

These same conditions are likely to repeat themselves with this year's November elections making 2016 the hallmark year for industrial hemp, medical marijuana, and recreational marijuana with states voting on these all over America from sea to shining sea. While Hemp, Inc. did generate revenues from 2014, it fell far short of what we expected.

Perlowin went on to say, "As such, we have decided to again market our consultant services through IHMMCC, but this time only with companies that are already within our sector and thus with those who are of 'kindred spirits'. We are ensconced in the industrial hemp and medical marijuana industry with valuable relationships that we have built over the years so I feel it would be of benefit to our shareholders to have another stream of revenue in the form of stock. It's a win-win for the company and shareholders. While the decortication plant is in its final phases of completion, we will now also focus on provide consulting services," said Perlowin.