Hemp, Inc. (OTC: HEMP) Hopeful Kentucky's Industrial Hemp Industry
Will Emerge after Passage of Senate Bill 50
LAS VEGAS, April 3, 2013
/PRNewswire/ -- Hemp, Inc. (OTC: HEMP), in its effort to
support the industrial hemp movement after Kentucky Senate Bill 50 passed, announced
standing offer for 4-year exclusive purchasing rights of
Kentucky farmers' crops after
approved legislation last week to permit industrial hemp production
in Kentucky. According to the company's CEO, they would
rather support U.S. farmers than to depend on imports from
China or Canada for hemp-containing finished products
and/or hemp ingredients for use in further processing. Senate
Bill 50 will regulate and license the hemp industry in Kentucky, but only if the Federal government
legalizes its production.
(Logo:
http://photos.prnewswire.com/prnh/20121107/LA08133LOGO)
Bruce Perlowin, CEO of leading
industrial hemp company, Hemp, Inc., and advocate for the
industrial hemp industry for over 20 years, announced today his
10%, above the world's market price, standing offer for any
"Kentucky Farmer" who gives Hemp, Inc. (OTC: HEMP) exclusive
purchasing rights of their entire crop for the next 4 years. That
amount goes to 20% above the world market price if the "Hemp
Farm Project" is part of a "Kins Community" which is a 2
1/2-acre homestead lot with a specific "Eco-Harmony Design"
layout as featured in previous press release (Hemp, Inc.'s CEO,
Bruce Perlowin, Announces Plan to Create a 500-Acre Kins Domain
Community in Arizona)
Building on the existing Arizona Kins Community business model,
Hemp, Inc. is prepared to create decentralized, and in this case, a
massive hemp products production model for all "Kins Community
Hemp Farm Projects." This, in turn, would easily create tens of
thousands of jobs branching out into several sectors of the economy
and literally create "An American
Agriculture-Industrial-Technological Revolution."
Perlowin is inviting "Kentucky Farmers", "Kentucky Kins
Community Projects", and "Hemp Products Manufacturing
Projects" to be featured on his "Benefactors Of
Humanity" website (under "Projects") which will help
raise money for their individual "Kentucky Hemp Associated
Projects."
While Colorado, Maine, Montana, North
Dakota, Oregon,
Vermont, Washington, West
Virginia, and now Kentucky
have all approved legislation that legalizes hemp production,
farmers will not be growing hemp in any state until the federal
government lifts its restrictions. Not to mention, those state
officials opposed to the legalization believe the cost to 'police'
or 'monitor' crops in the state will be exorbitant, as they will
include such actions as background checks and GPS plotting of
acreage. But according to Perlowin, the state would not have to
incur any cost for third party verification companies to inspect
crops.
"We have been preparing for years, for this moment in history,
with everything in place for whatever Kentucky needs from third party verification,
to make sure it's not marijuana being grown. From our
experience in northern California,
in this area, we have the model to easily implement this...
creating even more jobs for what we jokingly call 'The Under
Cover Hemp Police'," says Perlowin. Specifically, the Bill
shall establish conditions and procedures for the licensing of
industrial hemp growers by the Department of Agriculture and
require the department to coordinate a criminal history check with
the assistance of law enforcement agencies.
Moreover, according to Perlowin's "New Economic Paradigm"
funding farmers and the state will not be a hindrance or deterrent,
as the Benefactor of Humanity project
(www.benefactorsofhumanity.com) in particular has been designed
with a continual revenue stream. This "economic model"
easily pairs projects with funders. Thus far, the projects have
been spreading like wildfire and attracting potential investors.
There are also people, who necessarily can't afford to fund, but
who are helping by joining the program.
When asked why such a benevolent offer, Perlowin responded,
"Because we are 'The Spirit of America'. Just listen to our
Songs."
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. (OTC: HEMP) 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).
CONTACT:
Phone:
1-877-221-8351
Email: info@hemp.com
SOURCE Hemp, Inc.