Following the legalization of industrial hemp in Arizona earlier this month, Bruce Perlowin of Hemp Inc. decided to bring an eco-friendly hemp production facility to Golden Valley, Arizona, a town adjacent to Kingman. Perlowin plans to hire veterans to operate the facility known as Veteran Village Kins Community.
The facility is already under construction, Hemp Inc announced. Perlowin said, “Veterans [Veteran Village Kins Community] will make tens of thousands of dollars a year on one acre, probably $30,000 to $60,000 a year for high-CBD hemp.”
The facilities greenhouses will ultimately be shaped like domes and operate on wind- and solar-powered energy. A holistic healing center and learning center are also on-site to assist veterans with any mental or physical health conditions.
So far, the investment into the new cultivation facility has been roughly $3 million. This investment includes purchasing 20 miles of roadway, water wells, irrigation and land.
The property is unique as it is broken up into 2.5 acre lots that are designed to be self-sustainable. Veterans will also be able to reside on the land.
Perlowin said the business model went from master growers growing on 50 acres to 5 acres because the smaller lots are much more manageable. He also said, “We are also in the process of setting up a 60-ft dome for the Hemp University classes, here in Arizona. Classes are tentatively scheduled to start July 2018.” Hemp University will teach people how to cultivate industrial hemp.
Perlowin is hoping that this venture will help reduce the veteran suicide rate by providing employment in a healing environment with access to CBD products as well.
Perlowin also said, “The ability to grow hemp in Arizona is going to provide an incredible income stream for those who might not otherwise have access to this rapidly emerging multibillion-dollar industry, and that “every state is different, how much it costs to get a license, the acreage for farming, the procedure to file for license, and that takes several months. We don’t believe we’ll be able to grow hemp this year. It might be next year.”