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24 MORE GREENHOUSES???!!!
Junior sized market, for now...
What was once a multi million dollar industry will soon be a BILLION and BILLION and BILLION dollar industry. Humongous. Nothing can stop it. Not even Bruce.
Everyone is looking to hemp and EVERYONE will need a processor.
So? Say it with me...
WHO'S GONNA PROCESS ALL THE HEMP?
BIGGER is ALWAYS better
When it comes to high volume runs.
Not there yet, but soon...
Walgreens, CVS, Walmart...
... not just gossip, but actual news.
Who's next?
"PAIN EXPRESS"
For the non believers.
They will wish they had a piece of this company. Maybe some did at one point in time, but were shown the door, and now the stockroom of axes that had need be ground is plentiful.
The competition is wary, crumbling as they witness a new frontier laid before their eyes.
... the HEMP frontier. With LARGEST decorticator. They tremble. Weak. Fear.
Hemp Inc farmer network just keeps growing and growing.
Facts.
FLOODGATES
Tiny-baby decorticators not Western Hemisphere's LARGEST decorticator
Sure, other makes and models exist, but, as of now, Hemp Inc still owner of the LARGEST hemp decorticator in western hemisphere.
That new technology is bound to have glitches and malfunctions. The tried and true is in the known industry standard. Temafa. MacTavish. The household names of industrial fiber processing, with hundreds of years of experience.
We all know it works, since the last company was using it to process kenaf. The decorticator now sits safely in Spring Hope, in complete alignment, and will need to be programmed and re-calibrated for hemp processing, along with a few minor installations like electrical and duct work. It's all ready to go.
And let's keep in mind some what it took to bring it to this point:
In what condition was decorticator appraised?
Can you answer?
Are you able to tell us what condition the decorticator was appraised in, when acquired at auction?
Actual facts, please, thx.
10K is the annual.
Trump signed Farm Bill Dec 20th, 2018.
Hemp was effectivley legal for only 11 days, and they are still faving regulatory headwinds.
We were seeing 50% qtrly rev growth prior to all that.
What do you think: hemp deregulation going to help sales?
I ask who because
Maybe I'm Walmart...
I do mega orders only. Tens of thousands of truckloads maybe...
WHO'S GONNA PROCESS ALL THE HEMP?
HEMP INC -- CBS NEWS
https://ktvl.com/features/in-the-weeds/hemp-university
https://www.cbs17.com/news/local-news/nc-hemp-processing-facility-is-largest-in-western-hemisphere/1103849580
HEMP INC -- NBC NEWS
https://kobi5.com/news/top-stories/hemp-inc-holds-first-west-coast-educational-seminar-in-ashland-98655/
https://kobi5.com/news/hemp-the-burgeoning-industry-of-southern-oregon-92209/
HEMP INC -- ABC NEWS
https://www.abc15.com/news/state/farmers-could-plant-hemp-in-arizona-fields-this-summer-if-bill-passes
HEMP INC -- WASHINGTON TIMES
https://www.washingtontimes.com/news/2018/dec/11/senate-passes-867-billion-farm-bill/
HEMP INC -- FORBES
https://www.forbes.com/sites/andrebourque/2019/03/25/how-hemp-is-giving-renewed-life-to-americas-tobacco-farmers/#434da3f84726
https://www.forbes.com/sites/andrebourque/2018/12/17/how-hemp-and-the-farm-bill-may-change-life-as-you-know-it/#4f98a6a8694c
HEMP INC -- CRAINS
http://www.crains.com/article/news/north-carolina-growers-are-betting-hemp
HEMP INC -- FOX BUSINESS
https://www.foxbusiness.com/small-business/hemp-ceo-thanks-to-farm-bill-the-hemp-revolution-will-now-be-made-in-america
HEMP INC -- THE BUSINESS JOURNAL
https://thebusinessjournal.com/farm-bill-talks-invigorate-hope-for-hemp-in-the-valley/
HEMP INC -- COLORADO SPRINGS INDEPENDENT
https://www.csindy.com/coloradosprings/hemp-incs-new-product-makes-oil-drilling-a-bit-more-eco-friendly/Content?oid=14668202
HEMP INC -- SPECTRUM NEWS
https://spectrumlocalnews.com/nc/triangle-sandhills/news/2018/09/02/carolina-hemp-festival-educates-public-about-many-uses-of-hemp
HEMP INC -- ROCKY MOUNT TELEGRAM
http://www.rockymounttelegram.com/News/2018/07/28/Area-hemp-plant-inks-new-distribution-deal.html
HEMP INC -- THE WILSON TIMES
http://www.wilsontimes.com/stories/raising-hemp-a-lucrative-but-risky-business-endeavor,152622
http://wilsontimes.com/stories/carolinas-next-cash-crop,155136
HEMP INC -- CARRIBEAN BUSINESS
https://caribbeanbusiness.com/industrial-hemp-sustainable-economic-development-for-p-r/
HEMP INC -- KDKA RADIO
https://kdkaradio.radio.com/media/audio-channel/hemp-farming-act-2018
HEMP INC -- THE OREGONIAN
https://www.oregonlive.com/politics/2018/12/oregon-hemp-industry-poised-for-big-growth-after-feds-sign-off.html
HEMP INC -- MASS LIVE
https://www.masslive.com/news/2018/12/the-federal-government-is-about-to-legalize-hemp-what-does-it-mean-for-massachusetts.html
WATCH---HEMP INC GROWING, PROCESSING, & SHIPPING HEMP
https://www.facebook.com/KingOfPot/videos/pcb.10217128448259788/10217128456099984/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10217128448259788/10217128479380566/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944817629137/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944827509384/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944846109849/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216937472445512/10216937468805421/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216937472445512/10216937479325684/?type=3&theater
https://www.facebook.com/KingOfPot/videos/10216341909436809/
https://www.facebook.com/KingOfPot/videos/10216335888526290/
https://www.facebook.com/KingOfPot/videos/10216330020819601/
https://www.facebook.com/KingOfPot/videos/pcb.10216154785518828/10216154816239596/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216102687736416/10216102686136376/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216196627844860/10216196635405049/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216040924112364/10216040917992211/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10215806930262664/10215806932622723/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10215568627025232/10215568648105759/?type=3&theater
TOURING POTENTIAL MASSIVE HEMP-HUB IN PUERTO RICO
https://www.facebook.com/KingOfPot/videos/10216757569348047/
https://www.facebook.com/KingOfPot/videos/10216757588108516/
https://www.facebook.com/KingOfPot/videos/10216476607324172/
https://www.facebook.com/KingOfPot/videos/10216469874395853/
TOURING POTENTIAL MASSIVE HEMP PROCESSING FACILITY IN CENTRAL FLORIDA
https://www.facebook.com/KingOfPot/videos/10216659709101602/
'HEMP UNIVERSITY', SATURDAY, MARCH 23RD, MEDFORD, OREGON
https://www.thehempuniversity.com/
https://www.facebook.com/KingOfPot/videos/pcb.10217141800193578/10217141853834919/?type=3&theater
NORTH CAROLINA INDUSTRIAL HEMP REGISTERED PROCESSORS (APRIL 2019)
https://www.ncagr.gov/hemp/documents/IHProcessorList4_1_19.pdf
Chart: America’s hemp acres hit almost 80,000 in 2018; Montana new leader among states
Published February 4, 2019 | By Maggie Cowee and Kristen Nichols
The U.S. hemp crop tripled in 2018 with acreage rising rapidly in the 24 states actively growing last year, according to advocacy group Vote Hemp, and that figure is expected to grow now that the Farm Bill has opened the door nationwide to hemp production.
Total American hemp acreage was at 78,176 acres last year, up from 25,713 in 2017, the group estimates.
Vote Hemp compiled its figures after calling each of the 41 states that have authorized hemp production to find out how many acres were licensed last year.
The organization estimates that 70% of licensed acreage was planted. For hemp grown indoors, Vote Hemp considers 40,000 square feet of indoor cultivation to be equivalent to 1 acre.
Vote Hemp made no estimate of how much product was harvested in 2018.
Five states began growing hemp in 2018, including:
Illinois, 0.1 acre
Massachusetts, 21 acres
Oklahoma, 445 acres
South Carolina, 256 acres
Wisconsin, 1,850 acres
Vote Hemp also noted a new top hemp-producing state, Montana, which reportedly went from 542 planted hemp acres in 2017 to 22,000 planted acres in 2018.
Vote Hemp’s figures have not been independently verified by Hemp Industry Daily.
Need for data
With the plant’s new federally legal status, expectations are that figures will eventually be available from the U.S. Department of Agriculture (USDA), but the agency doesn’t yet have accurate acreage reports.
Vote Hemp President Eric Steenstra said hemp market data is essential, so his group tallies acres by hand.
“Quantifying what people are investing in the industry data has been critical to advancing hemp policy and advancing the industry,” Steenstra said.
Hemp’s meteoric rise in U.S. agriculture comes as conventional farmers face low profits and market volatility in conventional commodity crops such as corn and wheat.
But it remains a very specialized crop; by contrast, the USDA reports that the U.S. grew almost 90 million acres of soybeans last year.
Still, hemp’s large rate of increase is likely to accelerate in 2019, given that hemp has been removed from the Controlled Substances Act and is eligible for crop insurance, farm loans and all other federally backed farm assistance programs.
Market changes ahead
Some hemp farmers say they’re braced for a flood of new competition in 2019.
“It’s going to get quite a bit bigger, I think,” said Brian Furnish, president of global production at Ananda Hemp, a Kentucky hemp company whose holdings include 500 acres.
“I’m afraid we’re going to have overproduction,” the former tobacco consultant said. “We truly don’t know what the demand is – or the supply.”
Hemp-derived CBD sales are projected to rise to between $6.1 billion and $7.5 billion by 2023, according to Hemp Industry Daily’s report “The 2018 Farm Bill: What’s Next For Hemp?”
Those estimates do not include sales of fiber and grain products from hemp, smaller categories with limited market data.
For now, the hemp industry remains mired in uncertainty, said Randall Fortenbery, an agricultural economist at Washington State University who has studied hemp’s market potential in the U.S.
“The combination of the government shutdown and states needing to get their (hemp) plans into the hands of the USDA means that there hasn’t been a lot of resources devoted to what the hemp market looks like now,” Fortenbery said.
“Planting isn’t that far off, and it’s going to require some planning, getting seed, making sure they have a nutrient plan in place. Unfortunately, the market is so new, it’s hard to get good information.”
Source: https://hempindustrydaily.com/chart-americas-hemp-acres-80000-2018-montana-new-leader-among-states/
MEETING NOTICE - NCIHC
Tuesday, April 16
2 p.m.
The Industrial Hemp Commission will hold a public meeting via conference call to review and approve research pilot program applications.
Access to the conference call can be made at http://go.ncsu.edu/industrialhemp or by calling 1-929-205-6099 (U.S. toll) or 1-669-900-6833 (U.S. toll). The meeting ID is 210-723-242. Participants will be prompted to enter their name and email address to enter the meeting via the website or prompted for a unique participant ID for the call. They should press # to access the call.
For meeting questions, contact Beth Farrell at 919-707-3014.
Industrial Hemp Program Update – NCIHC
Mr. Phil Wilson, Director, Plant Industry Division, NCDA&CS Chairman Melton called on Phil Wilson, Plant Industry Division, N.C. Department of Agriculture and Consumer Services, to provide a program update.
Mr. Wilson – Reported that as of March 18, 2019, North Carolina has 696 licensed industrial hemp growers, representing 8,628.46 licensed acres and 3,508,326 square feet of licensed greenhouse production. There are currently over 400 registered processors in the state.
Mr. Wilson noted that interest and application volume for the N.C. Industrial Hemp Pilot Program is very strong. Based on the high volume of applications being received, it is currently taking approximately 6-8 weeks to review and validate application information before they are reviewed and approved by the Commission. Continued patience with staff and this process is appreciated. Mr. Wilson also requested that applicants not call unless it is absolutely necessary.
States become hemp-friendly – Farm bill opens up growth potential of the CBD industry
Published on April 11, 2019 By Ivan Green
Hemp Oil
The passage of hemp-friendly farm bill in Congress has put pressure on several states to initiate and ramp up efforts to strengthen laws that support legal cannabis use. Despite the majority in motion of the bill, some legislators and lawmakers still perceive hemp as a public health threat such as South Dakota’s governor who recently vetoed lawmakers attempt to initiate hemp program in the state.
Although the federal government has given a green signal to develop hemp regulations, CBD producers and companies are still sceptic over the Food and Drug Administration’s policy related to CBD edibles and their guidance.
Meanwhile, some companies have already developed new line of edible products including beverages, gummies, candies, popcorn, etc. The FDA has announced a public hearing in May regarding the regulatory measures for CBD based products.
In a similar vein, the USDA has began the process of gathering information and extensive research for the commercial production of industrial hemp, including measures and provisions for federally regulated hemp production.
The agency said it plans to issue regulations by 2019 fall to accommodate the 2020 planting season. Several states plan to benefit from the newly regulated hemp laws and amp up their production to capture the consumer market.
California debates the benefits of CBD edibles
Health officials in California, the world’s largest marijuana marketplace, warned retailers that they are prohibited to add CBD in any edible product including food and beverages. According to the Health Department, CBD could only be bought from licensed dispensaries and be used only for medicinal purposes. However, like the rest of the states, California CBD retailers too seem to ignore the warnings and are just “getting away with it”.
In 2018, San Francisco officials sent warning letters to 1,900 businesses last year.Earlier this year, after the Farm Bill was passed, the San Francisco Health Department warned only two small retailers to stop selling CBD infused edible products.
New York embraces hemp, struggles with CBD edibles
The Industrial Hemp Agricultural Research Pilot Program was launched in New York in 2015. The program allowed a limited number of educational institutions to grow and research industrial hemp and its characteristics. In 2016, the state modified the hemp rules and authorized the distribution, transportation, processing and sales of industrial hemp.
In 2017, the lawmakers incorporated more vendors and participants including farmers and businesses. Despite the fact that the state officials had given a green light to food growers and processors to produce and sell CBD infused food and drinks, New York City health inspectors have warned small cafes selling CBD infused foods and drinks to cease sales.
While vendors argue that the federal law allows CBD products, the police officials tend to rely on the Food and Drug Administration rules. The FDA announced that it would hold a public hearing in May to discuss regulatory measures of hemp derived CBD.
Lawmakers are hoping to clear the air as soon as possible, are working up the legislation which could end up the confusion, possibly by August or later this year.
Texas relaxes restrictions on CBD
Recently, a district attorney in Fort Worth declared that CBD is illegal, prompting law enforcement officials to raid two shops and seize their CBD products. Only few days ago, the Texas Department of State Health Services removed hemp and CBD from its list of controlled substances.
This made the purchase of CBD oil legal in the state, the bill however still prohibits farming of hemp. The new law is quite contrary to the conservative Texas, which has always had stringent regulations against marijuana.
North Carolina expands hemp pilot program
According to the North Carolina Department of Agriculture and Consumer Services, CBD foods and drinks are illegal in the state. The department warned several businesses notifying them that it is illegal to incorporate CBD in foods, drinks and animal feeds.
Lawmakers in North Carolina expanded their hemp pilot program to take advantage of the Farm Bill. Previously hemp was grown under the state’s pilot program in 222 acres which has now increased up to 8,000 acres in just 2 years.
Source: https://thecannabisradar.com/cbd-industry/695/
Rite Aid joining growing CBD drugstore chain trend and will pilot products in two states
Kelly Tyko, USA TODAY Published 6:21 p.m. ET April 11, 2019
Rite Aid will pilot the sale of CBD creams, lotions and lip balms at stores in Oregon and Washington, store officials announced Thursday.
"We've heard from many customers about their interest in purchasing CBD products," Chief Operating Officer Bryan Everett said during a call with analysts Thursday to discuss the company's fourth-quarter earnings.
CBD, a hemp-derived cannabidiol, is a nonpsychoactive ingredient in cannabis that is becoming increasingly mainstream.
Everett noted the pilot would "better meet the needs and preferences of our customers in those communities."
Cannabis-based products got a major boost in December when President Donald Trump signed off on an $867 billion Farm Bill that gave a green light for hemp to be cultivated on a large scale.
Unlike marijuana, another cannabis species, hemp has almost none of the psychoactive compounds that cause a user to get high. Now that it's no longer labeled a controlled substance, more businesses have the opportunity to create hemp-based products, from tinctures to lotions.
"At this point in time, we're only offering the topical solutions of creams, lip balms, lotions and we won't be carrying any of the injectables at any of stores as part of the pilot," Everett said.
Rite Aid is the latest drugstore chain to join the growing CBD trend.
In March, CVS introduced CBD-containing topicals, including creams and salves, to stores in seven states.
The following week, Walgreens announced it also would begin selling CBD creams, patches and sprays in nearly 1,500 stores in select states.
Source: https://www.usatoday.com/story/money/2019/04/11/rite-aid-cbd-retailer-pilot-sales-oregon-and-washington/3440670002/
Senate Bill Would Let Marijuana Businesses Store Profits In Banks
Tom Angell
Apr 11, 2019, 03:24pm
Bipartisan legislation introduced in the Senate on Thursday would solve a key issue for the marijuana industry: Its lack of access to financial services.
While a growing number of states are moving to legalize cannabis for recreational or medical use, ongoing federal prohibition makes many banks wary of working with state-licensed operators. As a result, marijuana growers, processors and retailers are largely forced to operate on a cash-only basis, which can make them targets for robberies.
But under a new bill filed by Sens. Jeff Merkley (D-OR) and Cory Gardner (R-CO), along with 20 other cosponsors, banks would be shielded from being punished by federal regulators for maintaining accounts for state-approved cannabis businesses.
The introduction of the bill, the Secure And Fair Enforcement (SAFE) Banking Act, comes two weeks after similar legislation cleared the House Financial Services Committee in a bipartisan vote of 45 to 15. That House bill now has 160 cosponsors signed on—more than a third of the entire chamber.
On Tuesday, Treasury Secretary Steven Mnuchin indicated during a Capitol Hill hearing that he supports the move to increase banking access for marijuana businesses.
"If this is something that Congress wants to look at on a bipartisan basis, I’d encourage you to do this," he said. "This is something where there is a conflict between federal and state law that we and the regulators have no way of dealing with.”
The movement on cannabis banking legislation comes amid growing support for broader marijuana law reforms.
Last week, for example, bipartisan groups of House and Senate members filed legislation to let states enact their own legalization laws without federal interference. That bill, the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act, wouldn't change marijuana's scheduling status, but would exempt state-legal activity from the Controlled Substances Act.
On Wednesday, Attorney General William Barr said that he would prefer the STATES Act's approach instead of the current situation in which states are legalizing cannabis contrary to federal law.
“The situation that I think is intolerable and which I’m opposed to is the current situation we’re in, and I would prefer one of two approaches rather than where we are,” he said during a Senate hearing. “Personally, I would still favor one uniform federal rule against marijuana but, if there is not sufficient consensus to obtain that, then I think the way to go is to permit a more federal approach so states can make their own decisions within the framework of the federal law and so we’re not just ignoring the enforcement of federal law... I would much rather that approach—the approach taken by the STATES Act—than where we currently are."
The Senate banking bill would block federal agencies from being able to "prohibit, penalize, or otherwise discourage a depository institution from providing financial services to a cannabis-related legitimate business or service provider or to a State, political subdivision of a State, or Indian Tribe that exercises jurisdiction over cannabis-related legitimate businesses."
“Forcing legal businesses to operate in all-cash is dangerous for our communities,” Merkley said in a press release. “It’s absurd that cannabis business owners in Oregon have to shuttle around gym bags full of cash to take care of their taxes or pay their employees. Operating in cash is an invitation to robbery, money laundering, and organized crime. This is a public safety issue, and I hope that this will be the Congress when we build a bipartisan consensus to put this common-sense fix into law.”
“Conflicting federal and state marijuana laws make it difficult for legitimate businesses to use the basic financial services they need access to and this bipartisan legislation gives them that access they need,” Gardner added. “We must also take into account the risk to public safety as these businesses are being forced to carry around bags of money to pay for their employees and rent. Legal businesses should not be treated like this, and I’m glad that Republicans and Democrats are working together to address this issue.”
A previous version of the bill had garnered 20 cosponsors by the end of the 115th Congress.
The new Senate bill incorporates revisions made during the House markup of that chamber's version last month, including amendments clarifying that its protections cover insurance companies as well as banks, and requiring the federal government to study diversity and inclusion in the cannabis industry.
Legalization advocates are urging Congress to pass the legislation soon.
"The problems caused by lack of access to financial services are a serious issue for the cannabis industry and any entity that interacts with it, and these problems will only continue to grow as more states regulate cannabis," Morgan Fox, media relations director for the National Cannabis Industry Association, said. "Every day that Congress waits to pass this legislation prolongs unnecessary risks for everyone involved."
"One of the biggest barriers to building a broad cannabis marketplace is the banking issue," said Justin Strekal, political director for NORML. "No small business can operate safely or transparently without access to basic banking services, which means that the richest investors are able to dominate under the existing tension. This bill would be good for new entrepreneurs and the equity experiments now underway from Massachusetts to California, and ultimately good for consumers."
The full House is expected to move its version of the marijuana banking bill to the floor in the coming weeks. The new Senate bill has not yet been scheduled for a committee hearing.
Along with Merkley and Gardner, the other initial cosponsors of the Senate legislation are Sens. Jacky Rosen (D-NV), Lisa Murkowski (R-AK), Michael Bennet (D-CO), Dan Sullivan (R-AK), Kamala Harris (D-CA), Rand Paul (R-KY), Catherine Cortez-Masto (D-NV), Kevin Cramer (R-ND), Tammy Duckworth (D-IL), Gary Peters (D-MI), Bob Menendez (D-NJ), Angus King (I-ME), Bernie Sanders (I-VT), Patty Murray (D-WA), Edward J. Markey (D-MA), Patrick Leahy (D-VT), Brian Schatz (D-HI), Ron Wyden (D-OR), Elizabeth Warren (D-MA) and Mazie Hirono (D-HI).
Source: https://www.forbes.com/sites/tomangell/2019/04/11/senate-bill-would-let-marijuana-businesses-store-profits-in-banks/#2758e8b86389
Mkt Cap over $18M, with several millions in tangible assets, and 50% qtrly rev growth, all prior to Federal hemp reform...
How is that worthless.... explain?
If the conditions of the Rule are met, filing the Form 12b-25 gives the issuer 15 additional calendar days to file a late annual report and five additional calendar days to file a late quarterly report. Moreover, if the report (or the incomplete portion) is actually filed within the 15-day or five-day grace period, the report is deemed to have been timely filed.
WHO'S GONNA PROCESS ALL THE HEMP?
RITE AID TO SELL CBD
IN OREGON AND WASHINGTON
https://www.cnbc.com/2019/04/11/rite-aid-will-start-selling-cbd-products-in-2-states.html
WHO'S NEXT?!?!?!
FLOODGATES
HEMP INC PARTNERING WITH MUSK?
Saw a post on Facebook. Some guy said he spoke with Elon Musk's cat sitter and found out that SpaceX is actively courting industrial hemp processors in the newly introduced hemp industry to supply hemp fiber to be used for a special mission to the moon.
Can't find the post, but it might still be there...
How does that sound?
And... the date is?
Where and when did you see those statements from Bruce?
WHO'S GONNA PROCESS ALL THE HEMP?
HEMP INC -- CBS NEWS
https://ktvl.com/features/in-the-weeds/hemp-university
https://www.cbs17.com/news/local-news/nc-hemp-processing-facility-is-largest-in-western-hemisphere/1103849580
HEMP INC -- NBC NEWS
https://kobi5.com/news/top-stories/hemp-inc-holds-first-west-coast-educational-seminar-in-ashland-98655/
https://kobi5.com/news/hemp-the-burgeoning-industry-of-southern-oregon-92209/
HEMP INC -- ABC NEWS
https://www.abc15.com/news/state/farmers-could-plant-hemp-in-arizona-fields-this-summer-if-bill-passes
HEMP INC -- WASHINGTON TIMES
https://www.washingtontimes.com/news/2018/dec/11/senate-passes-867-billion-farm-bill/
HEMP INC -- FORBES
https://www.forbes.com/sites/andrebourque/2019/03/25/how-hemp-is-giving-renewed-life-to-americas-tobacco-farmers/#434da3f84726
https://www.forbes.com/sites/andrebourque/2018/12/17/how-hemp-and-the-farm-bill-may-change-life-as-you-know-it/#4f98a6a8694c
HEMP INC -- CRAINS
http://www.crains.com/article/news/north-carolina-growers-are-betting-hemp
HEMP INC -- FOX BUSINESS
https://www.foxbusiness.com/small-business/hemp-ceo-thanks-to-farm-bill-the-hemp-revolution-will-now-be-made-in-america
HEMP INC -- THE BUSINESS JOURNAL
https://thebusinessjournal.com/farm-bill-talks-invigorate-hope-for-hemp-in-the-valley/
HEMP INC -- COLORADO SPRINGS INDEPENDENT
https://www.csindy.com/coloradosprings/hemp-incs-new-product-makes-oil-drilling-a-bit-more-eco-friendly/Content?oid=14668202
HEMP INC -- SPECTRUM NEWS
https://spectrumlocalnews.com/nc/triangle-sandhills/news/2018/09/02/carolina-hemp-festival-educates-public-about-many-uses-of-hemp
HEMP INC -- ROCKY MOUNT TELEGRAM
http://www.rockymounttelegram.com/News/2018/07/28/Area-hemp-plant-inks-new-distribution-deal.html
HEMP INC -- THE WILSON TIMES
http://www.wilsontimes.com/stories/raising-hemp-a-lucrative-but-risky-business-endeavor,152622
http://wilsontimes.com/stories/carolinas-next-cash-crop,155136
HEMP INC -- CARRIBEAN BUSINESS
https://caribbeanbusiness.com/industrial-hemp-sustainable-economic-development-for-p-r/
HEMP INC -- KDKA RADIO
https://kdkaradio.radio.com/media/audio-channel/hemp-farming-act-2018
HEMP INC -- THE OREGONIAN
https://www.oregonlive.com/politics/2018/12/oregon-hemp-industry-poised-for-big-growth-after-feds-sign-off.html
HEMP INC -- MASS LIVE
https://www.masslive.com/news/2018/12/the-federal-government-is-about-to-legalize-hemp-what-does-it-mean-for-massachusetts.html
WATCH---HEMP INC GROWING, PROCESSING, & SHIPPING HEMP
https://www.facebook.com/KingOfPot/videos/pcb.10217128448259788/10217128456099984/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10217128448259788/10217128479380566/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944817629137/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944827509384/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216944818829167/10216944846109849/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216937472445512/10216937468805421/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216937472445512/10216937479325684/?type=3&theater
https://www.facebook.com/KingOfPot/videos/10216341909436809/
https://www.facebook.com/KingOfPot/videos/10216335888526290/
https://www.facebook.com/KingOfPot/videos/10216330020819601/
https://www.facebook.com/KingOfPot/videos/pcb.10216154785518828/10216154816239596/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216102687736416/10216102686136376/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216196627844860/10216196635405049/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216040924112364/10216040917992211/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10215806930262664/10215806932622723/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10215568627025232/10215568648105759/?type=3&theater
TOURING POTENTIAL MASSIVE HEMP-HUB IN PUERTO RICO
https://www.facebook.com/KingOfPot/videos/10216757569348047/
https://www.facebook.com/KingOfPot/videos/10216757588108516/
https://www.facebook.com/KingOfPot/videos/10216476607324172/
https://www.facebook.com/KingOfPot/videos/10216469874395853/
TOURING POTENTIAL MASSIVE HEMP PROCESSING FACILITY IN CENTRAL FLORIDA
https://www.facebook.com/KingOfPot/videos/10216659709101602/
'HEMP UNIVERSITY', SATURDAY, MARCH 23RD, MEDFORD, OREGON
https://www.thehempuniversity.com/
https://www.facebook.com/KingOfPot/videos/pcb.10217141800193578/10217141853834919/?type=3&theater
NORTH CAROLINA INDUSTRIAL HEMP REGISTERED PROCESSORS (APRIL 2019)
https://www.ncagr.gov/hemp/documents/IHProcessorList4_1_19.pdf
Anyone is welcome to check PACER if they don't believe me.
Where's your screenshot of May trial?
lol, G A R B A G E
You see the date?
04/09/19 21:03:51
PACER says no trial date.
You say trial in May.
If you have not recieved a summons or a trial date, then how are we stating a trial is coming in May?
Explain?
You got the summons tho?
Explain?
24 MORE GREENHOUSES!!!???
FLOODGATES
Trial date?
Hemp Inc MKT Cap over 18 MILLION DOLLARS, with MILLIONS in TANGIBLE ASSETS, and 50% QUATERLY REV GROWTH from secondary product line, prior to NATIONAL HEMP REFORM.
Not "worthless" by any stretch of a dirty pipe-dreams imagination.
Oh, disgruntled whistleblowers...
These hemp farmers are making a killing on the CBD industry
Parija Kavilanz Byline
By Parija Kavilanz, CNN Business
Updated 2:33 PM ET, Tue April 9, 2019
Blue Forest Farms used to grow hundreds of acres of kale, squash and pumpkins. But it has since switched its focus to a different cash crop: hemp.
The farm, which is located in Erie, Colorado, has dedicated 150 acres to growing hemp so far -- and it's still planting. "We're now expanding it to 1,000 acres," said McKenzie Mann, Blue Forest's production manager.
About 500 acres will come from land previously used to grow kale and squash.
Farmers across the United States have been rushing into hemp ever since President Donald Trump signed the Farm Bill into law in December. The legislation removed hemp from the government's controlled drug category, triggering a surge in demand for cannabidiol, or CBD, a chemical that is derived from hemp and marijuana plants.
CBD is non-psychoactive, meaning it won't get you high. (THC, or tetrahydrocannabinol, is the chemical in cannabis that does that). Instead, CBD extracted from hemp is marketed for everything from pain relief to reducing inflammation, stress and anxiety, and it is sold in an array of products from shampoos and oils to pet treats and granola.
Farms that were already growing hemp are seeing both demand and profits surge, while farmers who have never grown hemp before are rushing to plant it in their fields.
"There's a lot of excitement in the farming community because hemp is seen as a high-return crop. There are many farmers around the country who are struggling to make ends meet and they're looking for an alternative like hemp to boost revenue," said Eric Steenstra, president of VoteHemp, a non-profit that advocates for the commercial sale of hemp.
Mann has been fielding multiple calls a day from farmers around the country. "They're corn farmers, wheat farmers. They want advice on how to grow hemp," he said.
Blue Forest charges $35 to $40 per pound for the high-quality hemp it sells for CBD extraction. That compares to about $1 a pound for the kale it sells. The company declined to disclose its total sales of hemp last year but said the category is very profitable for the business and it expects its hemp sales to double this year.
Mann said the price of hemp went up slightly after the Farm Bill was signed. Industry watchers say the price could stay at these levels or inch even higher if supply for CBD doesn't meet the demand.
But if too many farmers get into the hemp business, the market could become saturated and prices could start falling, Mann noted. Last year, just over 78,000 acres of hemp was grown in the US, up from 9,649 acres in 2016, according to VoteHemp's 2018 Hemp Crop Report.
More than just CBD
Total sales for hemp-based products in the US were about $1.1 billion in 2018, and are expected to more than double by 2022, according to New Frontier Data, a market research firm focused on the cannabis industry.
Much of those gains will stem from demand for CBD products. But hemp can also be used for a variety of other products, such as fibers, clothing, rope and building materials.
"It's important to take a longer-term picture of the hemp market," said Steenstra. "Right now, CBD is the hot commodity and is a significant driver of the market and profit for farmers. But as an agricultural crop, hemp has significant market potential for grain and fiber."
Andy Rodosevich is cofounder of Hemp Depot, a Colorado Springs, Colorado, business that operates its own farms and is a distributor of CBD and hemp products.
The company planted 5.2 million hemp plants in 2018. "This year we are planting three times that number. We're trying to keep up with demand for CBD and scale up production," said Rodosevich.
Hemp Depot charges $35 to $40 for a pound of the high-end hemp it sells for CBD products. Last year, the business sold about 25,000 pounds of hemp, helping the farm log a total of $10 million in sales. This year, he expects to sell 35,000 pounds with total sales crossing $50 million. Rodosevich said the goal for next year is to sell 2 million pounds.
He says he's also gotten calls from enthusiastic farmers asking for advice on how to grow hemp. He understands the excitement but tries to set reasonable expectations for them.
"While hemp is unbelievably profitable for farmers, growing it has its challenges," he said.
For starters, the seeds aren't cheap. Good quality seeds guaranteed to provide high CBD levels and low amounts of THC that fall below the federally mandated 0.3% threshold, can range from $1 to $2 each.
Hemp farming is also labor intensive. While large-scale farms use machinery for growing traditional crops like wheat and corn, specific machinery for planting and harvesting hemp is still lacking. So hemp farms rely on manual labor for planting, harvesting and removing weeds.
Randy Wenger, a corn and wheat farmer whose 5,000 acre farm in Yuma County, Colorado, has been in the family since 1919, tried hemp farming for the first time last year.
"I was looking for an alternative crop that could be profitable for me and wouldn't break the bank," he said.
Even though he sought advice from other hemp farmers and researched farming techniques online, it was still a challenge. He was surprised at how much manual labor was needed to tend to hemp. "You can spend a lot of money just on the labor," he said.
The hemp he was growing for CBD didn't turn out to be the best quality either. 'It was a total failure," said Wenger.
Nevertheless, he is willing to try again.
"CBD is a popular topic," said Wenger. "But my advice to farmers is, learn as much as you can about it and then enter at your own risk."
Source: https://www.cnn.com/2019/04/09/success/hemp-farmer/index.html
McConnell Offers Congressional Hemp Bill to Fix ‘Glitches’
THE ASSOCIATED PRESS
April 9, 2019
LOUISVILLE, Ky. (AP) — As hemp enters a new era as a legal agricultural commodity, Senate Majority Leader Mitch McConnell said Monday he’s willing to offer follow-up legislation to resolve any “glitches” stemming from mistaken identity between the crop and its lookalike, illicit cousin.
That includes safeguarding hemp shipments stopped by police who can’t tell whether they intercepted a legal crop or marijuana.
“Some glitches remain to be worked out, and some of it may require legislation,” McConnell told reporters after a hemp forum in Louisville, his hometown.
Using a football analogy, the Republican Senate leader said hemp supporters have reached the “red zone” in restoring the historic crop to mainstream American agriculture. He added: “I’m prepared to do my job … all the way into the end zone if it requires additional legislation.”
Since hemp’s legalization, some truckers with interstate shipments have been stopped and sometimes arrested. The only way to distinguish hemp from marijuana is by measuring their tetrahydrocannabinol, or THC, and officers don’t have the testing technology to do so on the spot. Marijuana, illegal under federal law, has enough THC to get users high. Hemp has almost none — 0.3 percent or less under U.S. government standards.
Kentucky and Oregon are big hemp producers, and much of what they grow is processed in Colorado. Companies that transport hemp often drive through Oklahoma and Idaho, where some arrests have occurred.
McConnell, who led the push in Congress to legalize hemp last year, said Monday that regulations might be sufficient to help some aspects of the hemp business.
U.S. Department of Agriculture Undersecretary Greg Ibach, who attended the hemp conference, said USDA has asked federal drug enforcement officials for a “coordinated effort” on interstate hemp shipment.
“That might be an area where USDA can work together with other federal agencies to not only help them understand hemp, (but) look for testing protocols that might be able to be used on the road to be able to differentiate between hemp and other products that aren’t legal,” he said.
Kentucky Agriculture Commissioner Ryan Quarles said ensuring unimpeded hemp shipment requires communicating with officials in other states “about what hemp is and what hemp is not.”
Other concerns have included making sure the fledgling industry gets the financial backing it needs to grow.
McConnell recently teamed with Sen. Ron Wyden, an Oregon Democrat, in seeking to ease concerns about credit availability and other financial services for hemp farmers and businesses. They urged federal financial regulatory agencies to make it clear that hemp is legal and to issue “guidance” to institutions under their jurisdictions to ease concerns.
McConnell orchestrated successful efforts last year to attach hemp legalization language to the new federal farm bill. The provision removed hemp from the list of federally controlled substances and treats the low-THC version of the cannabis plant like any other agricultural crop.
Now, the USDA is crafting rules for a nationwide hemp program. The Kentucky forum was part of the effort to gather input. The goal is to have the program in place for the 2020 crop season, Ibach said. The work includes developing a crop insurance program for hemp growers.
“My goal is to get this product out as quick as we can, but yet it’s got to be right,” USDA Risk Management Agency Administrator Martin Barbre told reporters.
Deeply rooted in Kentucky’s past, hemp was historically used for rope but has many other uses, including clothing and mulch from the fiber; hemp milk and cooking oil from the seeds; and soap and lotions. Other uses include building materials, animal bedding and biofuels. Hemp-derived CBDs are touted by many as a health aid.
While hemp’s commercialization is still in its infancy, Quarles said he hopes Kentucky hemp someday becomes as recognizable as Kentucky bourbon and horses.
The state’s hemp processors reported $57.75 million in gross product sales last year, compared with $16.7 million in 2017, Quarles said recently. Processors paid Kentucky farmers $17.75 million for harvested hemp materials in 2018, up from $7.5 million the year before.
Nearly 1,000 farmers will grow hemp in Kentucky this year and more than 120 companies in the bluegrass state are processing the material, Quarles said.
Source: https://www.leafly.com/news/politics/mcconnell-offers-congressional-hemp-bill-to-fix-glitches
24 MORE GREENHOUSES!!!???
You guys realize "shareholders money" HAS to be spent, right? I mean, that IS the entire point of stocks.