Hemp Inc (OTCMKTS:HEMP) announced that it installed Guard Lite Security Lighting Systems in its decortication facility in North Carolina. The systems are developed by Liberated Energy, Inc., a firm based in Marlton, New Jersey that is operational in the sector of lightning and security system. The new system is a self-powered lighting and security system. The purchase was driven from the strategic association between Hemp’s IHMMCC and Liberated Energy.
The features
Hemp Inc installed the new system in its decortication facility which not only features the LED lights but also features an advanced Wi-Fi based HD camera with 2-way audio. It has infrared and motion technology. The system just consumers electricity of .60 KWh in a day and in return generates power of 4.5 KWh. The remaining power is used to operate other electrical devices. The system brings additional benefit to Hemp as it is in a position to sell the surplus power back to North Carolina’s Duke Energy.
The meeting
Hemp IHMMCC’s COO David Schmitt will visit Duke Energy in the week to discuss the same matter of additional power. Bruce Perlowin, Hemp’s CEO, said that all is about sustainability and clean, renewable energy. The HD camera that is present in the advanced system can be accessed from anywhere in the world from a Smartphone or computer. The only thing required is an internet connection. The company plans to get two additional systems to achieve complete visual protection.
The highlights
Schmitt further added that the management recently bought a 100-horsepower air compressor. It will supply compressed air to North Carolina’s decortication line. The new compressor and all the piping will be installed before the arrival of Temafa Engineer. He is expected to arrive at the facility on May 16. In last trading session, the stock price of Hemp jumped more than 7% to close the trading session at $0.0209.
