Hemp, Inc. Receives NuAxon Super Critical CO2 Hemp Extractor at Plant in North Carolina

SPRING HOPE, NC--(Marketwired - May 31, 2017) - Hemp, Inc. (OTC PINK: HEMP) executives are pleased to announce that its CO2 Supercritical Extraction equipment has been delivered to its industrial hemp processing plant in Spring Hope, North Carolina. The company purchased the industrial NuAxon Tech CO2 Supercritical extractor from NuAxon BioScience, manufacturer and the producer of the world class, large capacity CO2 Supercritical Extraction equipment, two months ago through a joint venture with Freedom Leaf, Inc. (OTCQB: FRLF), NuAxon's global exclusive distributor for the cannabis/hemp industry.

The CO2 Supercritical extractor is set to be installed over the next 90 days and ready to process and extract CBD shortly thereafter under the supervision of NuAxon Tech CEO, Jason Edwards. Clifford J Perry, CEO of Freedom Leaf, Inc. added, "We believe that this will be our first of many NuAxon Tech Industrial CO2 Extractors to be sold, installed and operated in the US and globally."

Freedom Leaf is also supplying 2,000 pounds of EU certified Hemp stock for extraction from its Licensee, Freedom Leaf Iberia, based in Elche, Spain.

Mr. Federico Pando Huerta, CEO of Freedom Leaf Iberia has spent many years researching and working with the finest agricultural researchers, farmers, as well as governmental agencies to insure that our industrial hemp is of the highest quality and meets the legal standards of Spain and qualifies for export.

Freedom Leaf CEO Clifford Perry explained, "We expect to extract approximately 10% or 200 pounds of high quality CBD to divide equally and sell in this joint venture that has the potential to produce a significant amount of revenue for both of our public companies."

Freedom Leaf USA and Iberia will be expanding their farming capacities in the coming year and will also be continuing their research and development of other rare cannabinols along with producing hemp and seed stock to be cultivated in Spain and sold for export worldwide wherever it is legal.

The large capacity CO2 Supercritical Extraction unit is, according to reps, one of the best quality, most efficient and most reputable, extraction equipment on the market today. Its manufacturer, NuAxon BioScience, has 17 years of experience in extraction process technology which provides a huge advantage for Hemp, Inc. for having the best method of extracting therapeutic compounds from a plant.

According to the NuAxon website, when CO2 is captured and compressed it becomes a lipophilic solvent. It is exceptional and efficient at retrieving the oils and fats from plants, some herbal extractions are as concentrated as 250 to 1." With proprietary "high flow rate pump" reducing processing time to "as low as 90 minutes per batch", NuAxon's CO2 Supercritical Extraction unit can deliver a much higher output than competitive brands.