Hemp Inc (HEMP)

[worldisfullofDerps]

NEW CONTENT***New Sponsor Added to H.R.525 - Industrial Hemp Farming Act of 2015

Rep. Nolan, Richard M. [D-MN-8]

This brings the total sponsors to 69, up from the original 47. The current sponsors indicate bipartisan support.

The verbiage of the bill is quite simple: 'To amend the Controlled Substances Act to exclude industrial hemp from the definition of marihuana'

Sen. McConnell, Mitch [R-KY] is the Senate Majority Leader, one of the original sponsors, and has historically shown support for hemp legalization (Hemp is legal in Kentucky).

President Barack Obama signed the 2013 Farm Bill, showing support for the movement, and has been outspoken that the Fed will not interfere with the emerging Cannabis markets.

Hemp commission receives funding, begins hiring search - http://www.technicianonline.com/news/article_0f4ded6e-1d79-11e6-8e4a-27f766b22d01.html?TNNoMobile

Governor who called legalization 'reckless' now says Colorado's pot industry is working - http://www.latimes.com/nation/la-na-hickenlooper-marijuana-20160516-20160516-snap-story.html

Farming hemp could provide NC an economic boon in production - http://www.encorepub.com/live-local-live-small-farming-hemp-could-provide-nc-an-economic-boon-in-production/

Indiana could be the next leader in sustainability through hemp - http://www.nuvo.net/indianapolis/lets-get-hemp-notized/Content?oid=3937601

Hemp food and personal care US retail sales estimated at $283 million - http://www.foodnavigator-usa.com/Regulation/Hemp-food-and-personal-care-retail-sales-estimated-at-283-million

THE NC HEMP COMMISSION HAS BEEN FUNDED - http://www.nchemp.org/farmers-and-investors.html

DEA Plans To Decide Whether To Reschedule Marijuana By Mid-Year - http://www.huffingtonpost.com/entry/dea-marijuana-reschedule_us_5704567de4b0537661881644

New DEA Chief, Chuck Rosenberg, claims to focus less on Marijuana - see: http://www.theweedblog.com/new-dea-chief-claims-he-will-focus-less-on-marijuana/

Pot Money Changing Hearts in Washington - http://www.cnn.com/2015/07/10/us/washington-marijuana-70-million-tax-dollars/

Cannabis and Banking:

Colorado Pot Bank Sues the Fed - http://money.cnn.com/2015/07/31/news/marijuana-pot-bank-sues-fed/index.html?iid=hp-stack-dom

Colorado senators want cannabis cash in the banks - http://www.coloradoindependent.com/154400/colorado-senators-want-cannabis-cash-in-the-banks

Lawmakers seek to allow federal banking for marijuana industry - http://blog.sfgate.com/smellthetruth/2015/07/13/lawmakers-seek-to-allow-federal-banking-for-marijuana-industry/

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Source: https://www.congress.gov/bill/114th-congress/house-bill/525/cosponsors?pageSort=lastToFirst