Hemp, Inc. (OTC Pink: HEMP) Industry Update: Pot Stocks Expected to Surge During the November 2016 Presidential Election
/EINPresswire.com/ -- As the 2016 U.S. presidential election nears, Hemp, Inc. (OTC PINK: HEMP) has strategically positioned itself as a leader of the re-emerging industrial hemp industry. With the country's largest industrial hemp processing facility and milling operation in Spring Hope, NC nearing completion, CEO Bruce Perlowin, says, "I believe our industry, specifically public companies within this sector, is about to see the biggest spike to date. The industrial hemp and medical marijuana industries have been building their fundamentals over the last few years as more states have legalized hemp and medical marijuana or passed favorable laws. As we approach the 2016 elections, I foresee a potential explosive growth curve for pot stocks again. That is less than 90 days away."
CEO of Hemp, Inc., Bruce Perlowin, continued, "A recent video (which is a bit long-winded) by moneymorning.com gives the best description, I've ever seen, on the marijuana industry and marijuana stocks in regards to the upcoming explosive growth possibility the November elections will create in the pot stock sector. Everyone should be aware of these facts so watch the video and share it with others. If the post-election spike of 2014 is any indicator of what will happen in post-election 2016, many of the pot stocks could soar in price over 1,000%, just as before."
Moneymorning.com explained the surge of pot stocks over the past few years in a detailed video. According to the video, in March of 2016, Pennsylvania House of Representatives voted to become the 24th state to legalize medical marijuana, an overwhelming 149-46 vote. Prior to this legislation passing, one pot stock company, for example (Digital Development Group), was trading for below a penny. By March 11, 2016, their stock increased 1,500%... right in line with Pennsylvania's marijuana legislation.
In 2015, Georgia and Texas legalized cannabis and Delaware decriminalized weed. That same year, a company that sells hemp-infused energy drinks surged 3,157% in over 2 months. The correlation between marijuana laws and pot stocks are not believed to be coincidental.
In 2014, Minnesota and New York passed legislation legalizing medical marijuana, while Alaska and Oregon gave a "thumbs up" for recreational marijuana and Maryland decriminalized cannabis. 2014 was an enormous year for marijuana stocks. For example, Zone Properties, a company that builds sustainable facilities for medical marijuana growers stock shot up 11,781%. United Cannabis Corp, a grower of genetically refined strains of medical-grade cannabis plants was trading for around $.06 a share in February. By early April, it traded for $10.50 a share... an increase of 16,700% just over the course of two months. Green Cures Botanical Distribution, a company that creates hemp-infused nutritional supplements was trading for barely a penny. With all the favorable marijuana legislation passed, the company's stock increased to $5.92 per share... a whopping 36,412% increase in just three months.
There are many more examples in the moneymorning.com video of what happens in the hemp and marijuana stock post 2014 election.
Industry veterans are calling the hemp and marijuana industry the "green rush" of business and investment opportunities. "The hemp and cannabis industries are likened to another dot.com explosion," said Bruce Perlowin, CEO of Hemp Inc. "Not only are industry-related companies benefitting from this green rush, individuals are too. People have been cashing in handsomely from the legalization of marijuana in several states. Hemp, Inc. is positioned at the forefront of this booming industry. We will be able to process industrial hemp and manufacture products made from hemp, as well as Lost Circulation Material (LCM) and other absorbent materials in the commercial decortication plant once it is operational."
Hemp, Inc.'s multi-purpose industrial hemp facility is over 70,000 square feet and is nestled across 9 acres. It's the only one in the U.S. of this scale and magnitude. David Schmitt, COO of Hemp, Inc.'s wholly owned subsidiary Industrial Hemp Manufacturing, LLC reported that everything remains on schedule.
Industrial hemp has already been legalized in 29 states creating more lucrative business opportunities for positioned businesses such as Hemp, Inc.'s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC in Spring Hope, North Carolina.
Alabama, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Indiana, Kentucky, Maine, Maryland, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New York, North Carolina, North Dakota, Oregon, South Carolina, Tennessee, Utah, Vermont, Washington, West Virginia and Virginia have defined industrial hemp as distinct and removed barriers to its production. Hawaii, Kentucky, Indiana, Minnesota, North Dakota, Oregon and Tennessee had hemp research crops in accordance with section 7606 of the Farm Bill and state law, in 2015. Colorado, Kentucky, Oregon, Tennessee and Vermont licensed or registered farmers to grow hemp under state law, in 2015. (Source: VoteHemp.com)
"I foresee another quantum leap forward... approaching that tipping point where this industry experiences an explosive, yet sustainable, exponential growth curve," concluded Perlowin.
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ABOUT INDUSTRIAL HEMP
Hemp is a durable natural fiber that is grown as a renewable source for raw materials that can be incorporated into thousands of products. It's one of the oldest domesticated crops known to man. Hemp is used as a nutritional food product for humans and pets, building materials, paper, textiles, cordage, organic body care and other nutraceuticals, just to name a few. It has thousands of other known uses. A hemp crop requires half the water alfalfa uses and can be grown without the heavy use of pesticides. Farmers worldwide grow hemp commercially for fiber, seed, and oil for use in a variety of industrial and consumer products. The United States is the only developed nation that fails to cultivate industrial hemp as an economic crop on a large scale, according to the Congressional Resource Service. However, with rapidly changing laws and more states gravitating towards industrial hemp and passing an industrial hemp bill, that could change. Currently, the majority of hemp sold in the United States is imported from China and Canada, the world's largest exporters of the industrial hemp crop.
ABOUT THE NATIONAL HEMP ASSOCIATION
NHA represents hemp farmers, processors, manufacturers, start-up businesses, entrepreneurial endeavors, and retailers and strives to build a viable industrial hemp economy by providing education about the benefits of hemp and providing expert consultation to producers and processors entering the hemp industry. NHA has developed close relationships with local and state government agencies to establish regulations that benefit the hemp industry across the nation. We provide a wealth of expertise in fields ranging from mining and agriculture to hemp materials processing and the latest developments pertaining to laws and regulations. For more information on the National Hemp Association, visit www.NationalHempAssociation.org.
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HempNationMagazine.com (HNM) is published by Hemp, Inc. and focuses on informing, educating, raising awareness and connecting the public to the powerful world of HEMP. HNM reports on Politics, Industrial Growth, Banking, Distribution, Medical, Lifestyles and Legalization. HNM is your source for all things HEMP and news about this emerging multi-billion-dollar industry. For more information on HNM, visit www.HempNationMagazine.com.
HEMP, INC.'S TRIPLE BOTTOM LINE
Hemp, Inc. (OTC PINK: HEMP) seeks to benefit many constituencies from a "Cultural Creative" perspective, thereby not exploiting or endangering any group. CEO of Hemp, Inc., Bruce Perlowin, is positioning the company as a leader in the industrial hemp industry, with a social and environmental mission at its core. Thus, the publicly traded company believes in "up streaming" a portion of its profits back to its originator, in which some cases will one day be the American small farmer -- cultivating natural, sustainable products as an interwoven piece of nature. By Hemp, Inc. focusing on comprehensive investment results -- that is, with respect to performance along the interrelated dimensions of people, planet, and profits -- the triple bottom line approach can be an important tool to support its sustainability goal.
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