Spring Hope, North Carolina, Feb. 22, 2018 (GLOBE NEWSWIRE) — Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest hemp mill in the western hemisphere, announced today that the Company applauds the Alaska House of Representatives for unanimously passing Senate Bill 6 Monday, legalizing industrial hemp and establishing a pilot program for its growth and production. The bill was passed with a vote of 36-0.
SB-6 is “an Act relating to the regulation and production of industrial hemp; relating to industrial hemp pilot programs; providing that industrial hemp is not included in the definition of ‘marijuana’; providing that cannabidiol oil is not included in the definition of ‘hashish oil’; clarifying that adding industrial hemp to food does not create an adulterated food product; and providing for an effective date,” according to Alaska State Legislation’s website.
Hemp, Inc. and wholly-owned subsidiary Industrial Hemp Manufacturing, LLC, have been on the frontlines of advocating for and assisting with legislation that supports the hemp industry nationwide, including in Alaska. Industrial Hemp Manufacturing Regional Sales Manager Jack Bennett recently spoke with CBS-affiliated KTVA regarding the industry’s support for SB.
“Our team has been instrumental in advocating for legislation that will allow hemp farming, manufacturing, and production to flourish nationwide,” said David Schmitt, COO, Industrial Hemp Manufacturing, LLC. “We dedicate countless hours to working with lawmakers and policy influencers to educate them about the benefits of hemp for the U.S. economy as well as provide valuable input on the drafting of legislation to ensure the long-term success of these programs.”
Next, SB-6 will go to the Senate for a vote.
To view the KTVA news clip, click here.
ABOUT HEMP, INC.
With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.
https://www.facebook.com/KingOfPot (Bruce Perlowin’s Facebook Page)
https://www.facebook.com/TheHempUniversity/ (The Hemp University’s Facebook Page)
http://investorshangout.com/Hemp-Inc-HEMP-87248/ (Investors Hangout)
SUBSCRIBE TO HEMP, INC.’S VIDEO UPDATES:
“Hemp, Inc. Presents” is capturing the historic, monumental re-creation of the hemp decorticator today as America begins to evolve into a cleaner, green, eco-friendly sustainable environment. What many see as the next American Industrial Revolution is actually the Industrial Hemp Revolution. Watch as Hemp, Inc., the No. 1 leader in the industrial hemp industry, engages its shareholders and the public through each step in bringing back the hemp decorticator as described in the “Freedom Leaf Magazine” article “The Return of the Hemp Decorticator” by Steve Bloom.
“Hemp, Inc. Presents” is accessible 24 hours a day, 7 days a week, by visiting hempinc.com. To subscribe to the “Hemp, Inc. Presents” YouTube channel, be sure to click the subscribe button.
FORWARD-LOOKING DISCLAIMER AND DISCLOSURES
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.
For Investor Relations, please send correspondence to:
Source: Hemp, Inc.