Monumental Step Forward for Hemp, Inc. as New Jersey Approves Senate Bill 3110
2014年1月17日 - 2:46AM
Opportunities abound for the industrial hemp and medical marijuana
industry as state after state favors the legalization of industrial
hemp. Hemp, Inc. (OTC:HEMP), the first publicly-trading company in
the industrial hemp sector, not only increased its market
capitalization in the first two weeks of 2014, but is also
experiencing another growth curve. The industry, as a whole, is
undoubtedly abuzz as the New Jersey Senate recently approved
legislation to establish industrial hemp cultivation licenses. The
unanimous vote, to date, is awaiting final approval from NJ
Governor, Chris Christie.
Serving as a guide in the industry, Hemp, Inc.'s consulting
division, The Industrial Hemp and Medical Marijuana Consulting
Company, Inc., encompasses over 80 years of expertise in the
industry. As one of the founding consultants of 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. Our consulting division is extremely
diverse and broad."
Americans are waking up to the fact that the hemp plant, which
has been wrongly maligned for decades, is actually great for the
environment, as well as the body's overall health and well-being.
However currently, the United States is one of the only remaining
developed and industrialized nations whereby the cultivation of
industrial hemp is illegal, but yet it imports hemp... primarily
from China. Now reverse the politics and consider the possible
economic stimulus of cultivating industrial hemp on U.S. soil. That
increases the livelihoods of American farmers and manufacturers,
for example.
Every State that favors the legalization of industrial hemp
creates a flood of opportunities for its residents and
businesses. New Jersey is another small step, in the right
direction. "These are monumental steps for our industry.
People need to understand that this will finally unlock a clean
American Industrial Revolution that will not only be economically
sound, but environmentally advantageous," commented Bruce Perlowin,
CEO of Hemp, Inc.
Hemp can be used in paper, food, and construction materials, to
name a few. It can produce items such as rope, twine,
shoelaces, rigging for ships, and biodiesel... just to name a few
of the 25,000+ products that can be made from industrial hemp. One
acre of hemp can produce as much paper as 4 to 10 acres of trees
over a 20-year cycle, but hemp stalks only take four months to
mature, whereas trees take 20 to 80 years. Hemp can also
thrive with minimal herbicides, fungicides and pesticides, and it
requires much less water than other crops. States are slowly
catching on to these benefits.
New Jersey's Senate Bill 3110 is another indicator that the
industrial hemp and medical marijuana industry is becoming cemented
in the American culture. "Trying to block this evolutionary
progress, is like trying to sweep back an incoming tide with a
whisk broom," continued Perlowin. Month after month, the
industrial hemp, medical marijuana and/or recreational marijuana
are gradually winning and "we are witnessing the merging of a huge
multi-billion dollar industry," says Perlowin. Shortly after
recreational marijuana stores opened in Colorado, Alaska activists
"submitted what appear to be enough signatures to put marijuana
legalization before voters," according to U.S. News and World
Report.
Also, California's Recreational Marijuana Initiative #13-0023,
known as the California Cannabis Hemp Initiative was just cleared
by the state attorney general to circulate petitions. If enough
signatures are obtained before February 24, 2014, the initiative
will make it to the November, 2014 general election ballot and if
approved, will decriminalize hemp and marijuana cultivation among
other things.
Perlowin, a man who knows every nuance of the industry, believes
it's only a matter of time before hemp becomes a mainstay of the
U.S. economy.
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. 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.
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.
CONTACT: ir@hempinc.biz
855-436-7688
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