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news.Hemp has signed an agreement with Bruce Perlowin to sell its 3 Complete Protein through its Nutraceutical division HerbaGenix.
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As per the agreement, the Buyer, Bruce Perlowin, will purchase $50,000 of the protein each month for the duration of two years to total $1.2m for the company.
Hemp CEO Bruce Perlowin said that the transaction further strengthens the company’s balance sheet and clears the way for Hempto focus all of its attention on maximizing the value of its core business.
The agreement is based on the same concept of the New Economic Paradigm, Purchasing Matrix, according to Perlowin.
Hemp president David Tobias said, "There is tremendous opportunity ahead and we are ecstatic with the Agreement and know our shareholders will be as well."