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Tuesday, March 15, 2016
HB2555: Hemp Inc Behind Industrial Hemp Bill
By News Release @ 6:13 PM :: 4666 Views :: Agriculture, Drugs

Industrial Hemp Bills Set to Boost Hawaii and Alabama's Economy

News Release from Hemp, Inc.

LAS VEGAS, NV--(Mar 14, 2016) - Hemp, Inc. (OTC PINK: HEMP) executives are pleased to announce that both Hawaii and Alabama are expected to join the ranks of 28 other pro-hemp states. Hawaii's bill, HB2555, is "the most robust industrial hemp bill" that will allow independent farmers to grow and sell industrial hemp with a permit. The bill, according to the Maui news source, unanimously passed the House and is now in the state Senate.

Thus far, over 4,500 people in Maui, Hawaii have signed a petition supporting industrial hemp in Maui, and according to Rep. Kaniela Ing of South Maui, one of the authors of HB2555, legalizing industrial hemp is a response to the Hawaiian Commercial and Sugar Co.'s planned cessation of sugar on Maui.

In Alabama, lawmakers Sen. Paul Bussman and Ken Johnson are sponsoring legislations that will allow research on growing industrial hemp in the state of Alabama. The proposed bill would extend to the Alabama Dept. of Agriculture and industries and universities.

Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP), commented, "Twenty-eight states have passed legislation in favor of hemp. That includes the four states (Florida, Georgia, Mississippi, Tennessee) that border Alabama. As more states catch on to industrial hemp, more opportunity abounds for Hemp, Inc. and the farmers. We have the only large-scale, commercial decortication facility in the U.S. and are amassing an arsenal of portable decorticators."

Hemp, Inc.'s portable decorticators will help process fiber on location without having to ship the hemp stalks to its facility in Spring Hope, North Carolina. This creates additional revenue streams for Hemp, Inc. and revenue for the farmers. Any farmer, in any state, interested in Hemp, Inc.'s portable decorticator machine can contact info@hempinc.com.

David Schmitt, COO of Hemp, Inc.'s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC which is home to Hemp, Inc.'s hemp processing facility, said the decortication line and mill will be up and running soon.

"I want to make sure our farmers have everything they have opportunity-wise that everyone in the country has," said Alabama Sen. Paul Bussman. "There are many products that come from this. You have rope, you get clothing, you get building blocks, we get car parts, just a tremendous number of things, including food."

So far, states such as California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Kentucky, Indiana, Maine, Michigan, Missouri, Nevada, New York, North Carolina, Maine, Oregon, Utah, Minnesota, Missouri, Tennessee, and North Dakota have all realized the great economic potential of hemp. To see the full list of states pro hemp, visit Norml.org.

For more industry news, visit HempIncPresents.com.

HB2555: Text, Status

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