Hemp University’s first educational symposium of the year is nearly sold out, according to a company statement released by Hemp, Inc. (OTC PINK: HEMP)
“Growing Hemp for Profit” will be held on Saturday, March 10, 2018, 8:30 a.m. to 5 p.m. at the Hilton Garden Inn in Charlotte, North Carolina.
The event will feature three training sessions focused on growing hemp, extracting and producing CBD oil, and hemp farming economics. Speakers include master growers, farmers, coaches, and trainers.
In 2017, Hemp University hosted five sold-out symposiums in North Carolina. It was the first year hemp was legal to grow in North Carolina.
Hemp, Inc.’s 25,000 Acres of Hemp
According to their release, Hemp, Inc. operators of the largest hemp mill in the western hemisphere, launched Hemp University as a tool for educating and training farmers who grow the company’s hemp.
Hemp, Inc. CEO Bruce Perlowin says in the statement, “We identified a need for an industrial hemp educational event in Charlotte after receiving numerous inquiries about farming hemp and manufacturing hemp-derived CBD from residents living in this area. We have seen how the decrease in profitability of tobacco farming has compromised the family farm, leading many to abandon generations-long businesses in search of different employment in more urban settings. We are proud to be on the forefront of the industrial hemp movement and look forward to sharing that experience and expertise with the people of Charlotte.”
Hemp, Inc. reported in a previous press release that it is planning to grow 25,000 acres of industrial hemp this year in North Carolina, making the state the "epicenter of the industrial hemp industry."
“Growing up to 25,000 acres of hemp is no small feat,” the states reads. “It takes an army of farmers to grow that many acres, and according to Perlowin, they plan to double that number every year. This is why the education and training components are so important. Hemp, Inc.’s Hemp University is the only forum in America that has the tools, trainers, and educators, in one spot, to accomplish this task.”
The company claims that the 25,000-acre figure is larger than the entire country grew in 2017.
Hemp, Inc’s Extraction Infrastructure
Back in November of 2017, Hemp, Inc. announced the delivery of its extraction and post-processing equipment.
Rick Rainbolt, President and Co-Founder of Hemp University, LLC, said, “Hemp University began with a mission to help landowners and farmers add a profitable income stream to their business through the addition of industrial hemp to their crop rotation. As we kick off our educational symposium this year in Charlotte, we look forward to educating attendees about the economics of growing hemp in three main categories: hemp for fiber, hemp for seeds, and hemp for CBD.”
Attending the Event
You can buy tickets for Hemp University’s March 10 “Growing Hemp for Profit” and learn more about the event here.
According to the Hemp Business Journal, the hemp industry is projected to grow 700 percent and hit $1.8 billion by 2020.