Hemp Inc. HEMP Archives - Page 2 of 3

FridayOct 30, 2015 10:59 am

Hemp, Inc. (HEMP): Industrial Hemp Could be Legal in North Carolina at Midnight Tonight

Hemp, Inc. this morning issued an update regarding the ongoing push for legalization of industrial hemp in North Carolina, along with rising interest and awareness of the Hemp, Inc. brand, subsidiary and decortication facility. In the news release, Hemp, Inc. cites an article in The News and Observer written by Colin Campbell, which reports that industrial hemp could be legal in North Carolina tonight. As previously reported, the Industrial Hemp Bill in North Carolina (Senate Bill 313) passed the state’s House and Senate last month and now awaits Governor Pat McCrory’s signature. According to The News and Observer article, unless…

ThursdayOct 29, 2015 4:35 pm

Hemp, Inc. (HEMP): Bill to Legalize Industrial Hemp in Pennsylvania Moves to Senate

Hemp, Inc. reported that Senate Bill 50, which would allow research programs at colleges and universities to cultivate and process industrial hemp, earlier this week received its "first stamp of approval" in Pennsylvania. With the support of Senator Judith L. Schwank, who serves Berks County along with her role as Democratic chairwoman of the Senate's Agriculture and Rural Affairs Committee, Senate Bill 50 moved out of the Senate Agriculture and Rural Affairs Committee by a vote of 11-0. From here, Senate Bill 50 moves to the full Senate for consideration. Senator Schwank was quoted in an article saying, "We hope…

MondayOct 26, 2015 8:28 am

4th Annual Marijuana Business Daily Conference to be held in Hemp Inc. (HEMP) Hometown

Over 4,000 businesses within the hemp industry will come together at the Rio All Suites Hotel and Casino in Las Vegas on November 11-13, 2015. Growers, dispensaries, and other markets will meet on the 30,000 square foot expo floor to network and learn from each other. Over 50 expert speakers will be giving presentations on the industry and how small firms can grow with it. Hemp Inc. is especially excited and the event is actually taking place where its corporate headquarters is located. Hemp Inc., a publicly traded company, aims to be a leader in the legalized hemp industry while…

WednesdayOct 21, 2015 9:34 am

Hemp, Inc. (HEMP) Aims to Educate Shareholders, Investment Community, Public on Industrial Hemp

Hemp, Inc. this morning announced the need for "Educational Press Releases" on industrial hemp, the plant which for thousands of years was used in all major areas of commerce until the 1930s. The company says versatility of the hemp plant in modern American use has been distorted due to vague distinctions from its cousin, marijuana. As such, Hemp, Inc. executives feel their shareholders, potential shareholders and the general public should be informed of "industry material events" such as hemp legislation and rapidly changing laws in the industry. In particular, the company is highlighting ongoing legislation on hemp laws in North…

FridayOct 16, 2015 3:09 pm

Hemp, Inc. (HEMP) Partners with Innovative Technology Solutions Provider to Enhance Web Presence

Hemp, Inc. has been on a tear in recent months. On the heels of recording its best quarter in company history during the second quarter of 2015, the company has continued to make considerable progress toward the impending launch of its hemp processing plant in Spring Hope, North Carolina. Initially, Hemp, Inc. plans to process kenaf in the 70,000 square foot facility, but recent regulatory action has set the stage for industrial hemp legalization in the near future. Last month, a legislator in North Carolina introduced a bill that, if passed, would commission a pilot program studying the immense benefits…

MondayOct 12, 2015 9:59 am

Hemp, Inc. (HEMP) Highlights Ongoing Media Coverage, Growing Favor of Legalizing Industrial Hemp

Hemp, Inc. this morning highlighted ongoing hemp industry media coverage as the State of Pennsylvania shows favorable interest in legalizing industrial hemp and North Carolina awaits the signature of approval from Governor Pat McCrory to legalize industrial hemp. More states are recognizing the enormous environmental and economic benefits of industrial hemp, and in response, state officials are positioning their states to reap the economic rewards. The buzz surrounding the legislation also provides an important measure of public education on how industrial hemp can boost the economy. "As more people become educated on the myriad benefits of industrial hemp, including how…

ThursdayOct 08, 2015 9:56 am

Hemp, Inc. (HEMP) Industry Update: Pennsylvania Advances House Bill 967 to House Floor in Matter of Minutes

An increasing number of states are beginning to realize the enormous environmental and economic benefits of growing, rather than importing, industrial hemp. As the movement toward industrial hemp cultivation continues, more state officials are positioning their states to cash-in on the economic rewards. Hemp, Inc. this morning reported that House Bill 967, which would allow industrial hemp to be grown or cultivated through special programs in the state of Pennsylvania, has advanced to the state's House floor – and it didn’t take long. As reported in the article below, "the vote in the House Agriculture committee this week took just…

TuesdayOct 06, 2015 9:31 am

Hemp, Inc. (HEMP) Awaits Gov. Pat McCrory’s Signature with Eager Anticipation

Hemp, Inc. shared its excitement today via a press release as North Carolina residents await Governor McCory's signature to cement the legalization of industrial hemp in North Carolina. Last week, Industrial Hemp Senate Bill 313 was passed by both the House and Senate and stated the industrial hemp industry can "expand employment, promote economic activity, and provide opportunities to small farmers for an environmentally sustainable and profitable use of crop lands that might otherwise be lost to agricultural production." In fact, Hemp, Inc. has already injected over a million dollars in North Carolina's economy with the purchase of the Temafa…

ThursdayOct 01, 2015 10:33 am

Hemp, Inc. (HEMP) Applauds House, Senate Passage of Proposed Bill for Industrial Hemp Cultivation in NC

Hemp, Inc. this morning expressed its favor of proposed Senate Bill 313, which earlier this week passed the House and the Senate with a vote of 42 to 2. Upon final approval by Governor Pat McCory, the bill will authorize an industrial hemp pilot program within the state of North Carolina and establish the Industrial Hemp Commission (IHC) to implement and oversee the university research program for the cultivation of industrial hemp. IHC will collaborate with the North Carolina Industrial Hemp Association (NCIHA), of which David Schmitt, COO of Hemp, Inc.'s North Carolina-based Industrial Hemp Manufacturing, LLC subsidiary, is on…

TuesdaySep 29, 2015 9:25 am

Hemp, Inc. (HEMP) Highlights Initiative to Legalize Industrial Hemp in North Carolina

Hemp, Inc. this morning reported that the hemp bill that replaced Senate Bill 313 could put the production of industrial hemp another step closer to legalization in North Carolina. The company pointed to a recent article by The News & Observer, "Hemp Farming Gets Support from NC House Panel," which states that if the bill successfully passes through Congress, an appointed N.C. Industrial Hemp Commission would manage a pilot program. The article also notes that the appointed commission would provide applications for hemp farming and coordinate research projects with N.C. State and N.C. A&T universities, falling in line with the…

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