Webxu, Inc. (OTC Pink: WBXU) announced today that it has signed the first e-commerce project with the Hemp, Inc. (OTC Pink: HEMP) eco-friendly brand Cartel Blue, a natural fibre clothing line.
Since the Webxu announcement on February 18, 2014 to provide services to Hemp and its associated companies through their subsidiary IHMMCC, Webxu has signed an agreement to provide up to six months of brand development and online and retail advertising initiatives for Cartel Blue.
"Webxu is excited to get this partnership off the ground by signing the first of many anticipated projects with Hemp," said Matt Hill, Webxu CEO. "We believe that the brand and advertising development services we provide for Cartel Blue will help market valuable eco-friendly products and services to the consumer for the Industrial Hemp Industry."
David Rhodes, Cartel Blue, Inc. CEO, said, "We are pleased to engage with Webxu to intensify our marketing strategy and intend to promote Cartel Blue's eco-friendly qualities that stem from hemp fiber." The hemp fibers in Cartel Blue's fibre apparel line provide strength, durability, elasticity, and the ability to withstand high temperatures without degeneration. Rhodes continued saying, "The high-end designer denim market has ballooned since 2000. In 2006, U.S. jeans sales were over $15 billion and now e-commerce sales for fashion and apparel have topped $40 billion. We believe this sustainable growth rate will continue and be solidified through a solid e-commerce experience that Webxu can provide."
"Hemp, Inc.'s subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company (IHMMCC), is the best 'connected' consulting company in the industry and I am very proud to see the productive and profitable business relationship between our 'Community of Companies' materialize. Our plan to leverage the vast technology development resources from Webxu has come to fruition. The Cartel Blue natural fibre clothing line is positioned to become a leader in the high-end hemp apparel industry. Pairing Cartel Blue with Webxu made perfect sense and we are excited to see the results," said Bruce Perlowin, CEO of Hemp.
About Webxu, Inc.
Webxu, Inc. (OTC Pink: WBXU) is a media company that develops branded consumer Websites and acquires and integrates consumer-oriented businesses in the customer acquisition and e-commerce categories. The company also provides marketing solutions for online businesses, media agencies, and marketers. Webxu was founded in 2010 and is based in Los Angeles, CA. For more information about Webxu, visit http://www.webxu.com.
About Cartel Blue
Cartel Blue, an associated company with Hemp, Inc. (OTC Pink: HEMP), will launch in the Spring of 2014 and will feature eco-friendly hemp and natural fibre clothing lines including fashionable, comfortable jeans. Cartel Blue's apparel lines will feature physical advantages due to the length, strength, durability, elasticity, and antimicrobial qualities of their hemp fibers. For more information about Cartel Blue, visithttp://www.cartelblue.com.
About Hemp, Inc.
Hemp, Inc. (OTC Pink: HEMP) focuses on the vast market created by the growing, multibillion dollar industrial hemp industry and strives to be the most diversified company in the sector. Hemp is not currently involved in the cultivation or marketing of medical marijuana. It is the company's belief that legalization of Industrial Hemp in all 50 states (which is now possible with the passage of the 2014 Farm Bill) will come to pass. With that in mind, the company continues to build infrastructure with the potential to gain substantial market share before and after Industrial Hemp prohibition totally ends. To see CEO Bruce Perlowin on Bloomberg TV discussing industry realities, visit Bloomberg TV.
Forward-Looking Disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Hemp, Inc. or Webxu, Inc. to be materially different from the statements made herein.
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