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Thursday, May 21, 2015 11:33:36 AM
It's nice to see Hemp already has a product line (which, yes, competes with other readily available products), but Hemp Inc's core business will be central to processing and distribution, done so INSIDE America, with LOCAL farmers. The small goods will be auxiliary, simply because they will have a lot of hemp to process, when legalized.
I don't imagine anyone was expecting a fabulous Q1 - I wasn't - and appears the Market had it priced in PPS, too. No hemp to commercially grow (all hemp grown anywhere in US is strictly for university research, per the Farm Bill). Yet, don't lose sight of a very bright future. Legalization is key, and the large decorticator is here, soon to be running.
Public interest appears in favor of cannabis legalization, both MJ and hemp (some still don't know the difference between the two plants, so that and other Learning Curves present), and political makeup would seem to indicate bipartisan support in House AND Senate, with a proactive President, in final leg in office.
5 year trend is up, and will continue to go up. Get in before too long, as the next sector run to 2015 high's awaits.
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