Industrial Hemp and Medical Marijuana Industry Stocks Create
Massive Volume As America's Investment Community Rushes To Get In
On The Green Rush Industry Explosion
LAS VEGAS, Feb. 19, 2013 /PRNewswire/ -- Recent
activity in the markets has pushed the industrial hemp and medical
marijuana sectors to new heights, setting a record volume for Hemp,
Inc. (OTC: HEMP). Bruce Perlowin,
CEO of Hemp, Inc. (OTC: HEMP), apparently has it all covered. "We
are in the midst of another industry spike although with this much
volume across the board we are now entering a sustained growth
curve for this sector of public companies. Within the past 3 weeks
alone, there has been close to 3 billion shares traded amongst the
industrial hemp and medical marijuana industry, roughly translating
into almost $200 million.
(Logo:
http://photos.prnewswire.com/prnh/20121107/LA08133LOGO)
This clearly indicates to the investment community that this
industry is here to stay and that they want in at the beginning of
the next growth curve. Hemp, Inc. (OTC: HEMP), the industry leader
that led the last growth curve back in 2009 with a 480% increase,
is, again, leading the industry in 2013 as its CEO, Bruce Perlowin, predicted. According to
Perlowin, the pioneer of the industry, the last spike was only a
precursor to what is happening now in an industry that is
officially "unstoppable."
This new wave of activity has prompted Hemp, Inc. (OTC: HEMP) to
step up its focus on one of its newly most profitable divisions
"The Industrial Hemp and Medical Marijuana Consulting Company,
Inc." Perlowin stated, "I know where all the gold is hidden in
this industry, every nuance of business niche, what will work and
won't work, what has been tried before and what new ideas and
concepts for the industry will fly or fail. When I'm not sure of
something, or it's in one of the many areas outside my particular
expertise then I know who to go to, who is an expert in this area
and who more likely than not will immediately know all the answers
or where to find them quickly. Our consulting division is extremely
diverse and broad."
"The Industrial Hemp and Medical Marijuana Consulting Company,
Inc." pulls industry information from a vast network of
specialists that consists of other public industry, public
companies' CEOs and networks of experts, bankers, investors,
lawyers, other consultants, industry analysts, and non-profits
connected to this industry as well as the traditional industry
experts in all areas of the various business opportunities the
industry presents. As the only CEO of two publicly traded companies
in this sector, Perlowin, along with David
Tobias (Hemp, Inc.'s President and the only executive
officer of two publicly traded companies in this sector) have an
unrivaled wealth of knowledge and experience. This culmination of
knowledge and experience has even attracted the attention of banks,
which want in on the billions of dollars flowing through the public
company sector of this industry.
As one of the largest publicly-traded companies of hemp stocks
in the United States, by market
capitalization, Hemp, Inc. (OTC: HEMP) has poised itself as the
leader in the industry. The company (Hemp, Inc. (OTC: HEMP)) has
been dousing the industrial hemp market with hemp-based products,
expanding its divisions and working to complete the spin-off of
non-core related subsidiaries. Strategist and CEO of Hemp, Inc.
(OTC: HEMP) Bruce Perlowin has also
laid out the most powerful and profitable purchasing mechanism in
the history of marketing which he calls the "Quantum Economic
Purchasing Matrix." This is the next phase of moving from a
developmental stage company to an operating company which means a
full scale launch under their sales and marketing program. Full
implementation of this humanity-serving model is now set for
sometime next week, earlier than we expected. (Listen to recorded
conference call here.)
This humanity-serving model is no easy feat even for a man who
knows every nuance of the industry and who pioneered solutions for
the industry such as a tax remittance card. With this card, Hemp,
Inc. is able to track all taxes collected, on a daily basis, and
remit the proper amount of tax to the proper authorities based upon
their requirements. This can be a windfall for state and local
governments. Along with the tax remittance card, Hemp, Inc. offers
other comprehensive solutions to the industry that covers inventory
control which tracks products from seed to sale; educational expos;
and seminars to educate entrepreneurs on the shifting laws and
realities of the medical marijuana and industrial hemp
industry.
While educating consumers on the many uses of industrial hemp,
Hemp, Inc. (OTC: HEMP) (www.hemp.com), is also producing hemp-based
products proven to increase the body's overall health and
performance. The company boasts HerbaGenix™ nutraceuticals
(www.herbagenix.com); BasicHemp (www.basichemp.com), their hemp
protein shakes brand; and, custom-branded MJ Lover for Him and MJ
Lover for Her (www.mjlover.com) and Re-Load's hemp nutraceuticals
(www.re-load.biz) which are derived from a blend of organic
nutrients, herbs, and vitamins including hemp extract, and AFA
blue-green algae which is known for its healthful effects.
Other products include hemp gemstone candles
(www.supportpatchadams.com) made on the Kins Domain; the
Eco-Harmony Loyalty Card (www.ecoharmonycards.com); Hemp, Inc.'s
flagship website and aged URL (www.hemp.com) which is the portal
for all industrial hemp products and what is quickly becoming the
"Amazon" of the industrial hemp industry; hemp and natural fibre
clothing (www.cartelblue.com) coming Spring 2013; education and
media (www.marijuanaincorporated.com); and Hemp, Inc.'s Hemp
Ambassador program, which Perlowin discussed during
TheStockRadio.com's radio interview.
The original founder of Medical Marijuana, Inc., and one of the
first leaders promulgating a viable medical marijuana public
company which has paved the way for other marijuana stock companies
to follow, Bruce Perlowin is indeed
a proven innovative, savvy, aggressive entrepreneur and progressive
advocate of the medical marijuana and hemp industries. According to
Perlowin's son, Aubree Arias, CEO of
Compassion Capitol, LLC, his father has, "made great strides in
unifying and educating the public about the hemp industry. Before
my father took Medical Marijuana, Inc. public, there were no
publicly traded corporations in this arena. He had the courage to
be a pioneer and risk bringing Medical Marijuana, Inc. into the
public equities market. Taking on the stigma associated with hemp
has not been an easy road, but he has paved the way, and we are
seeing the fruits of that with over a dozen publicly traded
entities in this sector. Now we are poised to have Hemp, Inc.
(www.hemp.com) become the 'Amazon' of the hemp world, as we expect
rapid growth in the industry."
Last year, in early November, Perlowin was quoted saying, "I
foresee another spike after the elections, because there are too
many states voting for legalization. Even if a few states pass, it
will clearly show the market that this industry has just made a
quantum leap forward... approaching that tipping point where this
industry experiences an explosive, exponential growth curve. The
millions of shares traded in each company of the Fabulous Four
clearly indicate that the investment community sees this industry
is here to stay and that they want in at the beginning of the next
growth curve that any victory in any of the states the elections
will bring us," says Perlowin. Last week, the Fabulous Four
collectively sold over a quarter of a billion shares.
Over the past week, the top four hemp and marijuana stock
companies (Hemp, Inc. (HEMP), GrowLife, Inc. (PHOT), GreenGro, and
Medical Marijuana, Inc.) otherwise known as the "Fabulous Four"
have seen significant growth. The Fabulous Four currently
represents what stock market analysts call a classic bull market,
whereby stock prices as a whole move upward for a prolonged period
of time. The rate at which those gains occur can vary widely
from bull market to bull market. The duration of a bull market, the
severity of the falling market that follows, and the time that
elapses until the next upturn are also different each time.
However, according to Perlowin, this is the beginning of a
long-term solid upward trend, as the odds are "in our favor."
Sterling Scott, GrowLife's CEO said,
"Our industry sector is experiencing a very strong tail wind from
much more favorable public perceptions and the fast pace of
regulation reform." Scott went on to explain that, "Expansion and
growth are very strong trends today. We think this is because
the scale of the opportunity for GrowLife (OTC: PHOT) and
other Medical Marijuana centric public companies is increasing
geometrically. Fund investors and retail investors alike are
becoming very interested in our stock and they do not want to be
left behind and miss out on solid long term investment
opportunities."
Michelle Sides, Esq. of Medical
Marijuana, Inc. said, "As the oldest medical marijuana publicly
traded company in America, the last 30 days clearly indicate that
our industry is moving into hyper drive, attracting investors at an
unprecedented rate, up to this point. The entire Fabulous Four hemp
and medical marijuana stocks are experiencing the same thing,
reminiscent of a dot.com explosion. They are all banking on the
future and the future is just now coming to the forefront in
mainstream America everywhere. Our stock skyrocketed from
10 cents to over 30 cents."
James Haas, CEO of GreenGro
Technologies said, "As our industry continues to mature and evolve
we are seeing a shift from a wild-west mentality to companies in
this industry focusing on solid business fundamentals and long term
growth. The top echelon of this nascent industry are delivering
extraordinary returns for investors and generating real revenues
and profits now, and are positioned well for future growth."
Perlowin also owns stock in the other 3 companies (GrowLife,
Inc. (PHOT), GreenGro Technologies, Medical Marijuana,
Inc.) and is negotiating to showcase and demonstrate the
effectiveness of the advanced growing technologies on his Kin's
Domain project in Dolan Springs,
Arizona (www.kinsdomain.us). This back-to-the-land
sustainable movement is where some of Hemp, Inc.'s hemp products
are manufactured. Perlowin states, "Hemp, Inc., GrowLife, Inc.,
GreenGro Technologies, and Medical Marijuana Inc. are the four
fastest growing industrial hemp and medical marijuana stocks in the
industry so it's only natural that we all work together in a
synergistic economic relationship. Perlown further stated,
"Whenever anyone asks me where I should invest in this industry, I
always point to the Fabulous Four. Spreading your investment
portfolio is always a wise decision and it's human nature to do
that anyways. I'm in support of the entire industry, not just my
own company (Hemp, Inc. (OTC: HEMP)."
"Bruce Perlowin is an interesting
character. His journey reminds me of the 'Catch Me If You Can'
movie. Bruce grew up at the beginning of this industry as a
teenager in South Florida, which
at the time became the largest import center for marijuana, in the
60's hippie days. Bruce then moved to California and pioneered a new smuggling route
from the west coast of Columbia to
the west coast of California and
under the Golden Gate Bridge. The media dubbed him 'The King of
Pot' and he was featured on the most watched documentary in CNBC
history (Marijuana, Inc.: Inside America's Pot Industry) where 34
million viewers watched it the first time it aired. Four years
later, it's still airing on a regular basis and Bruce has become
somewhat of an icon in this industry, one of the most recognizable
and respected personalities in this sector today, reminiscent of
the movie 'Catch Me If You Can.'"
Tobias continued, "The story of his heyday as a marijuana
smuggler has been retold in the book 'The Golden Gate Smuggling
Company - A San Francisco Marijuana Empire' by Brett Douglas and a second book is now in the
final editing stages. He's a brilliant entrepreneur and visionary.
There are very few people today with the breadth of knowledge of
every aspect of this newly emerging billion dollar mainstream
industry. A major motion picture on his life as 'The King of Pot'
is now moving into high gear concurrent with the industry. A major
motion picture would certainly bring massive market awareness to
what Bruce Perlowin, the CEO of
Hemp, Inc. is doing today." (www.thekingofpotthemovie.com)
The analogy to the movie Catch Me If You Can fits Perlowin
perfectly. His background and in-depth knowledge of the industry,
spanning over 4 decades, gives Perlowin insight on the industry and
the uncanny ability to provide necessary solutions. He is
considered the go-to person in the industry. But for Perlowin, it's
not only about the stocks. He has proved to be quite the
philanthropist.
Perlowin donates to Dr. Patch Adams of Gesundheit! Institute who
is building a 50 million dollar, free
hospital in West Virginia. The
institute is a not-for-profit health care organization and is a
project in holistic medical care based on the belief that one
cannot separate the health of the individual from the health of the
family, the community, the world, and the health care system itself
(see www.PatchAdams.org). Other efforts Perlowin donates
prolifically to include the Cash Hyde Foundation Fundraiser with
Tommy Chong
(www.CashHydeFoundation.com); The Cando Kids Project
(www.candokidsworld.org); C Bar J Horsehaven Rescue, in
Dolan Springs, Arizona
(www.cbarjrescue.wetpaint.com); Spread Peace USA – Feeding the Homeless
(www.facebook.com/spreadpeaceusa); Keepers of the Wild, to build an
1,800 acre animal sanctuary and Kins Community on 4,000 acres in
Dolan Springs, Arizona
(www.KeepersOfTheWild.org); The Twilight Brigade, serving our dying
veterans so none of our veterans will ever die alone
(http://www.thetwilightbrigade.com/), Agape International Spiritual
Center (http://www.agapelive.com/), Help Worldwide Foundation,
creating funding options for charities
(http://www.sourceinc.tv/oldsite/press/HelpWorldwideFoundation.pdf),
the Seva Foundation to be fully human, we must translate our
compassion and concern into useful service (www.seva.org) and
others.
ABOUT Hemp, Inc.
Hemp, Inc. (OTC: HEMP) focuses on the vast market created
by the quickly emerging, and growing, multibillion dollar
industrial hemp industry. Hemp, Inc. is not involved in the
cultivation or marketing of medical marijuana. It is the company's
belief that legalization of hemp in all 50 states and at the
federal level will come to pass. With that in mind, the company is
building infrastructure with the potential to gain substantial
market share before and after industrial hemp prohibition ends.
(Pending any federal licensing or other requirements, that may be
enacted after hemp prohibition ends).
Hemp, Inc.'s TRIPLE BOTTOM LINE
Hemp, Inc. (OTC: HEMP) seeks to benefit many
constituencies, not exploit or endanger any group of them. Thus,
the publicly-traded company believes in "upstreaming" of a portion
of profit from the marketing of their finished hemp goods back to
its originator, in which most cases will one day be the American
farmer, cultivating natural, sustainable products. By Hemp, Inc.
focusing on comprehensive investment results—that is, with respect
to performance along the interrelated dimensions of people, planet,
and profits— our triple bottom line approach can be an important
tool to support sustainability goals.
CEO of Hemp, Inc., Bruce
Perlowin, positioned the company as a leader in the
industrial hemp industry, with a social and environmental mission
at its core. In fact, he wanted to, consciously, found a business
with non-financial goals that weren't an after-thought, but are
part of its DNA.
CONTACT:
phone:1-877-221-8351
email: info@hemp.com
http://www.hemp.com
http://www.herbagenix.com (hemp based supplements division)
http://www.basichemp.com (hemp protein with enhanced
nutritionals)
http://www.mjlover.com (MJ Lover for Him; MJ Lover for Her)
http://www.re-load.biz (hemp-based nutraceuticals)
http://www.ecoharmonycards.com (loyalty card sustainable fundraiser
for non-profits)
http://www.supportpatchadams.com (hemp gemstone candles and
fundraiser for Patch Adams)
http://www.hempinc.tv (media and entertainment division)
http://www.marijuanaincorporated.com
http://www.cartelblue.com (eco-friendly clothing)
SOCIAL NETWORKS:
http://www.twitter.com @marijuanainc (twitter)
http://www.facebook.com/bruceperlowin (ceo fan page)
http://www.twitter.com @bruceperlowin (ceo tweets)
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. to be materially
different from the statements made herein.
SOURCE Hemp, Inc.