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hemp inc (HEMP) Details

Hemp Inc. produces products made from industrial hemp. The company also offers products and services to the medical and recreational marijuana industries. It also develops and operates a website providing entertainment and news related to medical marijuana industry. The company was formerly known as Marijuana, Inc. and changed its name to Hemp, Inc. in June 2012. Hemp Inc. was founded in 2008 and is headquartered in Las Vegas, Nevada.

Founded in 2008

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Hemp Inc. Announces Sales Results for the Quarter and Full Year Ended December, 31, 2018; Provides Sales Guidance for the Fiscal Year 2019

Hemp Inc. announced sales results for the quarter and full year ended December, 31, 2018. For the quarter, the company reported that sales increased from $107,002 in 2017 to $1,960,754 in sales for 2018. For the year, the company reported sales of $1,960,754 represent an increase of over 1,800% over the previous year. For the fiscal year 2019, the company is continuing to work tirelessly for its shareholders and to maintain steady sales growth. With the company’s stability, both financially and operationally, and its commitment to the shareholders, positive sales through the new fiscal year are highly expected to be generated.

Gunpowder Capital Corp. Enters into a Strategic Relationship with Hemp Inc. with the Purpose of Entering into the Industrial Hemp Industry in the United States

Gunpowder Capital Corp. announced that it has entered into a strategic relationship with Hemp Inc. of Las Vegas Nevada with the purpose of entering into the Industrial Hemp industry in the United States. Under the terms of the agreement, Hemp Inc., and Gunpowder will both make strategic investments in each other and then explore various opportunities in the United States that Hemp Inc., will be bringing forward to Gunpowder. The two partners have already started exploring various opportunities and the two parties may make additional investments in each other based on the success of the relationship.

Hemp, Inc. Celebrates Emerging Hemp Program in Puerto Rico as CEO Scouts Land for Hemp Growing Eco-Village and Other Hemp Growing Partners

Hemp Inc. announced Puerto Rico’s Governor recently signed an executive order to implement the hemp industry in the U.S. territory. Now, Puerto Rico must submit a plan to the United States Department of Agriculture (USDA) that complies with the requirements of the Agricultural Law of 2018 and with the parameters adopted by the USDA, according to Puerto Rican news outlet Noticel. The executive order was signed on Feb. 12, 2019 by Puerto Rico Governor Ricardo Rosselló Nevares to enact the development of the industrial hemp industry on the island and to spur economic opportunity for its people.


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Price/Sales 40.0x
Price/Book 19.8x
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