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Hempco Food & Fiber Inc HMPPF

Hempco Food and Fiber Inc is engaged in manufacturing and distributing hemp food products. The products are used for both human and animal consumption in the United States, Canada, Mexico/Latin America, Asia/Pacific, and Europe. It produces bulk hulled hemp seeds, hemp protein powders, and hemp seed oil under the PlanetHemp brand name.


GREY:HMPPF - Post by User

Comment by GMonon Apr 29, 2016 11:07am
109 Views
Post# 24825236

RE: hempco food

RE: hempco food
Hockey55, the facts are that the company has grown its revenues and profits at 25% yoy for the last 2 years.  $3M to $4M to a projected revenue target this year of $6M+, with several customers.  The Korean distribution agreement increases their revenue to the Asian market to $3M, another fact.  Their consumer products line will be introduced next month, another fact.  Going public and raising $2M will accelerate Hempco's growth in the next 4 years, north of 40% YOY.  I'm looking forward to it executing its business plan and seeing growth along with it.
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