James Maritime to Acquire Sweet Hemp Alabama

James Maritime Holdings Inc. has signed a binding agreement to acquire 100% of the stock of Sweet Hemp Alabama Inc., and a co-branding, distribution and marketing, and licensing agreement with Ellis Jaxon Farms.

Sweet Hemp Alabama is a fully integrated hemp company that is a grower, processor and supplier of industrial hemp grown and produced in the state of Alabama. It is a leading farming technology that will implement the use of 40-foot shipping containers for mass production of hemp, with consistent quality and scientifically predictable methods year round.

Ellis Jaxon Farms manufactures high-tech farming machines and grows food to combat child hunger and malnutrition, as well as sells fresh fruit and vegetables commercially. The machines are built and housed within a 40-foot shipping container and operate under controlled environments that yield high-quality, locally grown fruits and vegetables utilizing breakthrough technologies.

The relationship of Sweet Hemp Alabama and Ellis Jaxon will allow for strategic growing, harvesting and retailing products both in the organic food market and fast-growing hemp and CBD market.

For more information, go to www.sweethempalabama.com or www.ellisjaxonfarms.com.