Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ironically, the case will end with or without evidence.
And it looks like the SEC is going to let the meter expire WITHOUT EVIDENCE.
That is, of course, if they don't try one last HAIL MARY, just as they did presenting their civil "complaint".
You have some evidence the SEC doesn't have? Jeez, they could use some help, maybe?
lol
Oh, what will they think up next?
Being critical and telling lies are two different things.
There were some on Bruce's PERSONAL facebook page using both at once.
Like, some guy insisting it would be a better move for the company if they established in a market such as Montana or North Dakota or somewhere up north, rather than getting AT LEAST two grows per year in the Floridian or Caribbean areas, or even possibly THREE harvests per year. AND on the coast, so shipping is worldwide, again.
Why would the CEO of Hemp - or any company - take that advice to grow once a year (make less), and not have access to international waters (less customers)?
So dumb.
AND they claim to be shareholders, so they are acting against themselves.
I don't know whether to be sad for them, or laugh at the absurdities.
Guy's, watch, I'm going to leave the following on Bruce's personal FB page.
"Hey Bruce, looks like you could use a rest. How about I steer the ship for a while"....
lol, right.
AMAZING new studies on endocannabinoid pharmacology coming out, lately.
CBD has so much to offer. From autism to breast milk, just look at what the real EXPERTS are working on:
Medical Cannabis for Autism Spectrum Disorder, is it an option?
Cannabidiol skews biased agonism at cannabinoid CB1 and CB2 receptors with smaller effect in CB1-CB2 heteroreceptor complexes.
Biochemical and Proteomic Characterization of Recombinant Human a/ß Hydrolase Domain 6
Getting High on (Endo)cannabinoids
Effects of cannabinoids in breast milk
Why is price up over 50% off 18 month lows?
How could price be up if "every day it's going down"?
Burden of proof is on accuser, sorry.
If they had factual matter, the case would be settled already. Even more odd, why press charges from the beginning if the accuser doesn't have anything to show why they say is true?
3 years and nothing?
Bogus tip led SEC to take action before their window to file a complaint closed, literally, within a matter of a few weeks, charging events that took place several years prior...
8 years go by and no evidence to be found? Yikes!
Strong case, ay?
SEC keeping HEMP and shareholders safe. Manipulators better stay clear.
The tone of my personal Facebook page is governed by positive optimism not negative bashing of the stock prices of HEMP, by people who do not know 1/10th of what we as a company are doing and are planning to do. Too much of that information is “inside information” and divulging that information is illegal. If the negative commenters knew that information they would be singing a more positive song. So rather then give out inside information I’m going to delete any negative feedback since it’s that way often based on incomplete information about Hemp, Inc. So at least on this page we’re going to keep it positive-because it is.
Even better hemp guys at this meeting.
lol
Vermont hemp fest! All the real Vermont guys will be there.
lol
WHO'S GONNA PROCESS ALL THE HEMP?
HEMP INC -- CBS NEWS
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/hemp-the-burgeoning-industry-of-southern-oregon-92209/
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/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.10216799387673479/10216799411034063/?type=3&theater
https://www.facebook.com/KingOfPot/videos/pcb.10216799387673479/10216799397433723/?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/
NORTH CAROLINA INDUSTRIAL HEMP REGISTERED PROCESSORS (DECEMBER 2018)
https://www.ncagr.gov/hemp/documents/Registered_Processors_docDec18.pdf
Hundreds attend hemp information meeting
By Luke Weir
All seats were filled at Ashe Family Central, and dozens stood in the back of the room while the Ashe County N.C. Cooperative Extension hosted a hemp production information session from 1-4 p.m. Jan. 30.
According to Ashe County Extension Director Travis Birdsell, 225 people checked in Wednesday to learn more about the newly legalized hemp plant, making it one of the best-attended High Country information sessions hosted by the extension since it held Fraser fir production meetings in the 1970s.
“We pretty much touched on the whole gambit of hemp production and initial information, and of course there will be plenty more questions,” Birdsell said. “One of the big things that meeting was successful about was putting people in the industry in front of those who might consider growing it and giving them the contact information they need.”
Speakers at the meeting included hemp researchers from N.C. State University and cooperative extension members, as well as hemp growers and processors, all with firsthand experience in their respective fields as a result of the state’s industrial hemp pilot program, run since February 2017 through the N.C. Department of Agriculture & Consumer Services, according to the program’s website.
“This meeting kind of showed that the primary interest is in the CBD hemp production for our area,” Birdsell said.
Cooperative Extension Area Specialized Agent Richard Boylan said he agreed that CBD hemp seems to be the future for High Country hemp growers.
“CBD seems to be the primary opportunity, and also seems to be where the interest is — breeding for high cannabinoid, high-resin content without THC,” Boylan said.
According to Boylan, the mountains of Western North Carolina will be better suited for growing high-CBD hemp, whereas the eastern side of the state has enormous potential to grow 12-foot-tall fiber-producing hemp due to its longer growing seasons. Another factor that makes CBD hemp strains the breed for High Country farmers is a lack of large combines and other such processing equipment on mountain farms that would enable efficient production of hemp grain and seed, Boylan said.
“I think that the processors and the buyers who were in attendance really emphasized the need for quantity,” Boylan said. “As with any crop the extension assists growers with, I’d advise to start small, and don’t invest more than you can afford to lose in your first few seasons learning the plant.”
Boylan said he would like the High Country to cultivate a reputation for quality-grown CBD hemp.
According to Birdsell, Blake Butler of the N.C. Industrial Hemp Association gave an optimism-fueled presentation on the future of hemp production in North Carolina.
“We want to make sure we’re exploring this opportunity for folks, because if there is potential there, it means that there’s expanding potential markets for Ashe County,” Birdsell said. “If there’s a market here in North Carolina, we need to be sure Ashe County is getting a share of that.”
Source: https://www.wataugademocrat.com/main_street/hundreds-attend-hemp-information-meeting/article_c4bd096e-096c-5aae-ac41-c055f2e1468e.html
The ABCs of CBD oil: Cannabidiol from hemp
By Maureen McFadden | Posted: Thu 6:42 PM, Feb 07, 2019 | Updated: Thu 9:28 PM, Feb 07, 2019
CBD oil, or cannibidiol, has become all the rage, getting a massive shot in the arm when President Donald Trump signed the 2018 Farm Bill, opening the door for hemp to take center stage as a new agricultural commodity in the United States. The bill rendered it no longer the controlled substance it had been since 1937.
Hemp is like a sister plant to marijuana, without the psychoactive component THC, which makes the user feel high. People who use hemp for everything from epilepsy to depression, insomnia and arthritis, and other maladies swear by it.
But does it work and are their risks? NewsCenter 16 took a look at the ABCs of CBD.
Kerry Prugh takes her daily dose of CBD oil for arthritis in her knees. She was taking too much ibuprofen and decided to give CBD oil a try.
And right after she takes hers, she gives it to her 10-year-old dog, Stanley, who has disc and nerve pain and wasn't getting relief from his pain medication and muscle relaxers.
Kerry's regular vet suggested she contact Dr. Chris Payton at Western Veterinary Clinic in South Bend to see if he could bring Stanley more relief. Dr. Payton specializes in pain treatment through acupuncture, laser therapy and CBD oil made from hemp.
"Stanley first came to me in 2017, and he's kind of one of my neck dogs that come in," Payton explained. "They're hanging their head down, they're really painful, they move just slightly and they get a pinched nerve."
Payton, who has great faith, decided the put Jesus' proverb "Physician, health thyself" to use. He decided he himself would be the first guinea pig. He wasn't going to give his furry patients anything he wouldn't try himself. And as a marathon runner, he had a lot of aches and pains he was taking ibuprofen for. He was concerned, because over-the-counter drugs have their own side effects with the kidneys and liver.
He admits he wasn't sure about CBD.
"I would tell you that, in the beginning, I was a little skeptical, just like I was before I went to chiropractic school, I was a little skeptical," he said.
He did his research, even bringing in experts who manufacture high-quality CBD oil to speak with his patients and answer all their questions.
He added CBD oil to his routine and now takes much less ibuprofen, saying, "Just one ml under the tongue for 30 seconds and then swallow it once a day and I've maybe taken ibuprofen twice in three months, as opposed to taking it every day. That's a big deal for me."
And he says it's been a big deal for dogs like Stanley and the other 40 pets he has using it.
"I haven't had any patients that have had any problems from the CBD oil that I use," he said.
He admits it is not a magic bullet but says the oil he sells is pure and 85 percent of patients, both two- and four-legged, feel better.
Here's how it works:
-There are things called cannabinoid receptors located throughout the human body.
-In the very simplest terms, they affect physiological processes such as appetite, perception of pain, memory and mood.
-These cannabinoid receptors are referred to as CB1 and CB2, and they are activated by cannabidiol.
-CB1 receptors are mostly found in the brain and central nervous system. CB2 receptors are mostly in organs and cells associated with immune system.
James Peinkofer also markets CBD oil and says the hemp he chose for his Purelief CBD is grown and manufactured in the U.S., explaining, "The first big malady that it seemed to be used for was childhood epilepsy. They came up with Charlotte's Web, which is a high-density CBD oil that was used an literally controls seizures."
Assistant Professor at Indiana University School of Medicine South Bend Dr. Jesse Hsieh weighs in: "It's not marijuana, there's a difference between a hemp plant and a marijuana plant."
I asked why he thinks it is getting so popular.
He answered, "I think it's getting popular because it works. So there have been lots of studies to see if CBD oil works to help with anxiety, sleep and pain of most of them are showing that it does work."
But Hsieh says people need to proceed with caution:
"Well, the problem is, we don't have studies on what's the proper dosage. Something like aspirin or Tylenol seem to be safe over the counter, but they can be toxic in certain doses. The problem with CBD oil is that we don't know with any human studies, because none have been done to see how much you need, what's the safety profile. What's the right dose to give someone."
Payton says he has a dosage chart he uses depending on his furry patient's weight.
Kerry says she's a believer both for herself and Stanley.
"He just gets a couple drops," she said. "A couple of drops in the morning at breakfast, a couple drops in the evening, it's really easy. He loves it. We're believers, we're just glad it's become popular, because it's a great alternative therapy. We have a lot of friends who have used it for their animals as well. We've seen great results, and I would highly recommend it."
Both Payton and Peinkofer agree with Dr. Hsieh's assessment that you need to do your research and make sure the CBD oil you are getting is pure and does not contain THC. In addition to coming in a tincture to place drops under the tongue. Both men also provide CBD lotion for sore muscles, hip pain and restless legs.
There is also roll-on oil that targets joint pain, muscular pain and skin problems.
Peinkofer said, "Some people are getting off their regular medicines, and that's what we want, and the opioid crisis is winning, unfortunately."
Payton added, "I see it as one of those things that's going to be up and coming, and I think that's going to change a lot of people's lives. I think it already has. There are air traffic controllers that take it, there are pilots that take it. We always start with the lowest dose, no matter what we do, whether its traditional or nontraditional."
And while not yet ready to endorse it because it is not regulated, Hsieh believes that, too, will be changing, saying, "The government is now beginning to realize there is a difference from CBD oil made from hemp and is making that legal, as opposed to CBD oil made from marijuana, which will have THC in it. Hopefully, with that, they can start regulating it and making it more commonly used with regulation, to make it safe and to know where it's coming from."
Kerry says she is using much less ibuprofen for her arthritis and Stanley is weaning off his pain meds and is a much happier 10-year-old.
"We have seen wonderful results," she said. "He has been a different dog for the past year."
So, the next time you're out driving in the country, you may be seeing more hemp growing in the fields. A new commodity for farmers and perhaps a new treatment for what ails you.
The World Health Organization's statement on CBD is that it has little to no side effects, but as with any supplement, talk to your doctor before starting CBD oil.
Indiana Gov. Eric Holcomb signed a measure legalized cannibidiol in March of 2018. However be sure to check your ingredients. If it contains THC, it cannot be more than 0.3 percent.
It's also helped animals and people going through cancer treatment by stimulating the appetite and reducing anxiety.
As for treatment for epilepsy, many are still using CBD oil, but the FDA recently approved the first cannabis based drug called Epidiolex. It's not cheap and can run you over $1,000 a month.
And for those of you who are drug tested at work, as we are, CBD will not show up in a drug test because hemp will not get you high.
Source: https://www.wataugademocrat.com/main_street/hundreds-attend-hemp-information-meeting/article_c4bd096e-096c-5aae-ac41-c055f2e1468e.html
New Florida Cannabis Chief Sees Potential In Hemp
February 7, 2019 at 9:57 pm
TALLAHASSEE (CBSMiami/NSF) – Saying hemp is poised to be a “multibillion-dollar industry in the state,” Agriculture Commissioner Nikki Fried on Wednesday appointed the state’s first cannabis czar.
Fried, a Democrat elected in November who made increasing access to medical marijuana one of the cornerstones of her campaign, tapped Holly Bell, a former banker, to serve as director of cannabis. Fried created the position after taking over the Department of Agriculture and Consumer Services last month.
Bell, who has a degree in agricultural economics from Purdue University, has worked as a cannabis consultant in other states and helped “build the infrastructure to create Tennessee’s industrial hemp program,” according to a news release issued by Fried’s office Wednesday.
Fried said Bell will work with farmers and scientists to help develop Florida’s nascent hemp industry following the passage of a federal farm bill that broadly legalized hemp, a cannabis plant that does not contain euphoria-inducing THC. Also, Bell will monitor other state agencies’ activities regarding medical marijuana.
“The stakes are really high here in our state to get this right. Studies show that Florida can be the number one state in America for medical marijuana and to help involve and bring up this industry,” Fried told reporters at a news conference announcing Bell’s appointment.
Bell said she helped Tennessee farmers embrace hemp as an alternative to tobacco, soybeans, cattle and cotton — crops similar to those grown in Florida.
“Hemp is a multibillion-dollar opportunity and potential for the state of Florida and the agriculture community as an alternative crop. After 80 years of stalled progress, we can finally begin to put cannabis to work for farmers, consumers and patients here in Florida,” Bell said at a news conference.
Fried, a lawyer and onetime medical marijuana lobbyist, called cannabis her department’s “top priority.”
She also ticked off a list of problems with the state’s implementation of a constitutional amendment, approved by voters in 2016, that legalized medical marijuana for a broad swath of patients.
Insurance companies do not cover the cannabis treatment, cities have prohibited marijuana operators from opening retail stores, and “we don’t have enough licenses” for operators to meet patient demand, Fried said.
“When we have a supply problem, we can’t reduce the cost,” she said.
The state also needs to revisit the “vertical integration” system that requires operators to grow, process and distribute cannabis and related products, Fried said. Moving away from vertical integration could involve opening the industry to companies that wouldn’t be responsible for all aspects of the cannabis business. For example, some companies could operate solely as dispensaries or as growers.
While many of the items Fried identified would require action by the Legislature or the state Department of Health, the agriculture commissioner said she intends to crack down on unregulated hemp-based products being sold at gas stations, grocery stores and smoke shops throughout Florida.
Many of the products contain or are advertised as containing low levels of non-euphoric cannabidiol, or CBD. The products, sold in oil, edible or even whole-flower form, are untested in Florida and have become a source of confusion for law enforcement officials and prosecutors.
Following the passage of the federal farm bill, which took hemp off the list of controlled substances, the state needs to oversee industrial hemp — which is used for rope, textiles and plastics, among other things — as well as all aspects of hemp-related products that are ingested or used in other ways by humans or animals, Fried said.
“Part of all of this is getting CBD to be regulated here in our state, grown here in our state, manufactured here, processed here, delivered here and to be part of ‘Fresh From Florida.’ This is a consumer issue. It is our job to make sure that the citizens of our state who are buying CBD know what is in it. You don’t have that right now,” she said.
When asked what her first task will be as the agriculture department’s cannabis chief, Bell paused.
“That’s a good question,” she said. “I’ve got to do a lot of research and get to know the team and work with the commissioner and put an outline together for her vision. Then, we’ll be implementing that.”
(©2019 CBS Local Media. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. The News Service of Florida’s Dara Kam contributed to this report.)
Source: https://miami.cbslocal.com/2019/02/07/new-florida-cannabis-chief-sees-potential-in-hemp/
VERMONT SECRETARY OF AGRICULTURE WRITES FDA REQUESTING CBD RECLASSIFICATION
ELI HARRINGTON
FEBRUARY 7, 2019
After a tumultuous week when Maine and New York state regulators both unexpectedly and abruptly banned the sale of CBD to the public citing, the Vermont Secretary of Agriculture, Foods, and Markets, Anson Tebbetts, issued a letter to the Commissioner of the Federal Food and Drug Administration (FDA).
The response comes amid existential concern from Vermont’s exploding hemp and CBD community upon seeing two fellow northeast states with less hemp cultivation and CBD product sales than Vermont.
In the letter, dated February 7, 2019, Secretary Tebbets cited the impact upon Vermont’s rural agricultural economy and pointed to the 2018 Vermont Hemp Registry, which included 461 registered growers — the vast majority of which are under 10 acres each — with over 3,200 total acres registered.
The letter distinguishes the pharmaceutically-produced CBD isolate requests a review of the FDA
Read the full text of the letter below:
February 7, 2019
The Honorable Scott Gottlieb, M.D.
Commissioner
U.S. Food and Drug Administration
10903 New Hampshire Ave
Silver Spring, MD 20993
Dear Commissioner Gottlieb,
The Vermont Agency of Agriculture, Food & Markets (the Agency) requests that Food and Drug Administration (FDA) review its exclusion of hemp–derived cannabidiol (CBD) products from the definition of a dietary supplement for several reasons.
Hemp–derived CBD–products have been used as a dietary supplement prior to the public disclosure of the ‘investigational new drug‘ application for the CBD isolate. The Agency believes that a prior market for hemp derived–CBD products cannot be well–documented as a result of its legal status under previous Farm Bills. However, anecdotally, and a multitude of stories on the internet, indicate that CBD had been used, and sold, whether legal or not at the time, by members of the public for relief of minor pains and calming effects.
Secondly, the derived products from raw hemp extracts, contain other botanicals, cannabinoids and amino acids, which differ significantly from the pharmaceutically–produced CBD isolate.
We respectfully request, the FDA use the Secretary‘s discretion to pursue a pathway to introduce these products into interstate commerce, as we believe they are substantially different from the new drug investigation. The pathway include allowing the hemp industry to market food as containing hemp derived CBD products for non–listed medical conditions for use by the public.
As background, any decisions made by the FDA related to this issue, will have a significant impact on Vermont‘s small, rural, agricultural economy. The Agency initiated its Hemp Pilot Program fully in July of 2018. In that time, the Agency registered 461 growers, with over 3,200 acres registered. This burgeoning agricultural commodity is critical to our state, as the primary agricultural business, dairy, decreased significantly in the same time period as farmers struggle to compete in the fluid milk market.
For 2019, to date, about 200 applicants want to register in excess of 2,000 acres to grow hemp, and many are first time or younger farmers, which we are hoping to revive and keep alive our working landscape.
While the State of Vermont may not be able to compete with other states on the quantity of hemp produced within its boundaries it will, as proven with other Vermont agricultural products like maple syrup and dairy, be able to compete with the rest of the nation on producing quality hemp and cannabinoid products derived from hemp. In order to do this, we need a clear path from the FDA that allows our producers to continue to produce and sell dietary supplements or nutraceutical products and offer them into interstate commerce.
Sincerely,
Anson Tebbetts
Secretary Agency of Agriculture, Food and Markets
Civil case, with zero factual matter in support of inital accusations. Price artificially suppressed during SEC audit, with overall market correction since '14 highs. SEC keeping Hemp and officers legit while professional manipulators with axes to grind come up with new non issues.
NC regulators cracking down on CBD-infused products; warning letters coming to businesses starting next week
FDA: It’s illegal to introduce drug ingredients like CBD into the food supply or market them as dietary supplements
By Ben Smart | February 6, 2019 at 5:11 PM EST - Updated February 6 at 6:38 PM
NORTH CAROLINA (WECT) - Consumers have witnessed a new high in restaurants, cafés, shops, and other businesses offering trendy CBD-infused products, but those options might soon fade away as food safety regulators move to enforce existing laws to protect public health.
Next week, state regulators plan to start sending warning letters to businesses selling CBD-infused food and beverages, making unapproved health claims about CBD, or selling CBD in nutritional supplements in violation of Food and Drug Administration rules about the compound.
North Carolina joins other government regulators in cracking down on CBD. On Tuesday, New York City regulators ordered restaurants to not sell food products containing CBD, according to the Department of Health and Mental Hygiene.
CBD, which stands for cannabidiol, is a chemical compound found in the plant cannabis sativa. Unlike THC, which makes the user feel high, CBD does not have any conscious-altering effects and some have claimed it might have beneficial effects for certain mental health and pain conditions.
Joe Reardon, assistant commissioner for Consumer Protection with the Department of Agriculture and Consumer Services, explained the warnings that are coming to businesses in a phone interview with WECT on Wednesday.
“CBD is now a drug, so it is illegal to add a drug to food,” said Reardon, adding that FDA approval of the CBD-based drug Epidiolex to treat severe epilepsy changed how the chemical was regulated.
Regulators will begin sending out letters Feb. 11 to companies in violation of state and federal law relating to CBD. This will begin their warning campaign and they will continue to send letters as establishments are identified.
"At this point, we are just taking a position to advise them on the current position of the law," said Reardon.
At least three types of CBD uses are illegal under FDA law — called “prohibited acts” — including CBD added to food products, unregulated health claims about CBD, and CBD that is included in a nutritional supplement, said Reardon. The law applies for interstate and intrastate commerce.
Tinctures of CBD oil — concentrated liquid herbal extract not considered a nutritional supplement or food — remain legal because they fall outside existing laws and regulations.
“FDA has not deemed those products as illegal at this point,” said Reardon. “FDA has not provided regulatory guidance on these products.”
Reardon did not say the companies would face any immediate penalty or fine, but that their compliance strategy was subject to change.
Inspectors throughout the state will document when businesses sell products containing CBD to determine if they are in compliance with state and federal law, said Reardon.
The state agency decided to act now after the FDA's recent announcements of its stance on regulation of products containing cannabis and cannabis-derived compounds.
“In short, we treat products containing cannabis or cannabis-derived compounds as we do any other FDA-regulated products — meaning they’re subject to the same authorities and requirements as FDA-regulated products containing any other substance,” FDA Commissioner Scott Gottlieb said in an FDA statement on Dec. 20.
The recent spike in unregulated products containing CBD or other cannabis compounds is putting consumers at risk, said Gottlieb.
"It’s unlawful under the FD&C Act to introduce food containing added CBD or THC into interstate commerce, or to market CBD or THC products as, or in, dietary supplements, regardless of whether the substances are hemp-derived," said Gottlieb.
Other compounds are still allowed despite the regulatory pushback, including hulled hemp seeds, hemp seed protein and hemp seed oil, which were classified as Generally Recognized as Safe (GRAS) in December 2018.
Source: http://www.wect.com/2019/02/06/nc-regulators-cracking-down-cbd-infused-products-warning-letters-coming-businesses-starting-next-week/
Weird, how some things just disappear?
And still wrong.
10K is the Q4, and Q1 ends March 31st.
75 days from Jan 1, and 75 days from March 31st.
Both expected to be extended for up to an additional 15 days.
April and May.
Freebies and FACTS.
Link showing how Bruce or Hemp Inc had anything to do with DEWM's CEO fraud?
Can you show either Hemp Inc or Bruce Perlowin listed as a defendant in the case against Marco?
Yeah, none of those exhibitors are really that big.
A couple small extractors, some tech and hardware guys, all small groups.
Good looking lineup, don't get me wrong, but not a big show by any means.
Have fun there, and hope it is worth while.
Plenty of people know Bruce and Hemp, there are 300,000 shareholders or more. People are going to start wondering "who is going to process all this new hemp" and then they'll think "let's find a hemp processor". Well... North Carolina and Oregon underway... now what? They whole country?
No... not just one country. ALL countries. Worldwide. HEMP INC.
The 10K and Q1 will be out April and May, respectively.
There is no financial reporting for HEMP expected "next month".
Now the 4th quarter and year end are due to be out next month.
What are you talking about?
What kind of nonsense is Hempinc involved with now?
Just as things are starting to look up for the hemp plants.
What is that and how is Hemp involved?
Who is Fred Elam?
Hemp Company Sues Idaho State Police for Seizing Its Shipment
February 1, 2019 JON PARTON
(CN) – A Colorado industrial hemp company filed a federal lawsuit Friday against the Idaho State Police after its 6,701 pound shipment was seized during a stop in Boise last week, claiming that the police violated a 2018 federal law that legalized the manufacture and sale of industrial hemp.
The company’s driver was stopped by police and arrested for illegally trafficking marijuana from a farm in Oregon to a distribution center in Colorado. Big Sky Scientific said in its lawsuit that the seizure and arrest were both unlawful due to the 2018 federal farm bill and that the goods being transported were hemp and not marijuana.
Unlike weed, hemp contains minuscule amounts of THC, the active chemical that can make people high. Both plants fall under the cannabis family, though Congress approved the industrial use of hemp last year in products such as clothing, biofuel, building materials and paper.
In an interview with the Idaho Statesman last week, police spokesman Tim Marsano said Idaho law recognizes both hemp and marijuana as illegal.
“Our troopers adhere to Idaho law,” Marsano said. “Substances with any amount of THC are illegal in this state.”
“The 2018 Farm Bill prohibits states from blocking the transportation of industrial hemp in interstate commerce as Defendants have done,” the complaint states. “Notwithstanding the 2018 Farm Bill, states cannot prohibit the shipment of a legal good through interstate commerce under the Commerce Clause.”
Big Sky Scientific also alleges that the field test used by police at the traffic stop was incapable of determining the THC level of the hemp. Whereas marijuana can contain up to 40 percent THC, hemp typically has less than 0.3 percent.
The company’s driver, Denis Palamarchuk, was released on $100,000 bond. Big Sky Scientific seeks an injunction for the immediate return of its shipment.
Elijah Watkins of Stoel Rives represents the company.
Source: https://www.courthousenews.com/hemp-company-sues-idaho-state-police-for-seizing-its-shipment/
Super Bowl LIII Will Feature CBD Coffee Ads In Stadium
Jan 20, 2019, 03:42pm
Beth Kaiserman
Super Bowl LIII will feature Baristas EnrichaRoast CBD Coffee ads at the stadium, marking the first time CBD ads are shown at the Super Bowl.
The special set of ads will run throughout the day in and around the stadium before, during, and after the game promoting national brand Baristas Coffee Company’s CBD coffee.
The ads will also include a special offer to send a 120-character message to Maroon 5, the halftime show headliner, via a digital platform attendees can access on their phones, according to Baristas CEO Barry Henthorn.
It’s difficult getting CBD products in mainstream media, Henthorn said, noting sites like Amazon, Overstock and eBay will only sell products labeled as ‘hemp,’ not ‘CBD.’
Baristas White Coffee, its current bestseller, is sold on Amazon and was already in place to be featured at Super Bowl LIII. Baristas works with ReelTime Media for media placements, but ReelTime would not place the CBD coffee ads, even once the farm bill legalized hemp, Henthorn said.
Instead Baristas partnered with Canna Broadcast Media, which helps promote cannabis brands in mainstream media, and the deal was done an hour after the farm bill was signed, Henthorn said.
EnrichaRoast CBD Coffee debuted at the beginning of January, a collaboration with Flower Power Coffee, a widely popular company based in New York City that promotes “legal, non-mind-altering infusions,” according to its website. Flower Power’s team of “modern day hippies” is led by president and CEO Leighton Knowles, a former chef and passionate CBD advocate. The company partners with nonprofits and values education, even including a coffee brewing guide on its website.
“The more people learn, the more things can change,” Knowles said.
Flower Power Coffee was featured in a video spot in Times Square on New Year’s Eve, part of a campaign with HoneySuckle Magazine that placed cannabis companies in one of the top celebratory spotlights to ring in 2019.
EnrichaRoast CBD Coffee is made with South American beans and is described as sweet with medium acidity and a smooth, pleasant body. CBD is added to the beans after they are roasted.
“The caffeine and CBD in this coffee will get you through your day feeling awake and great,” according to the package.
Baristas has already been featured on NFL Monday Night and Thursday Night football, but not for its CBD coffee. TV ads for the CBD coffee will happen in the future, Henthorn said.
But a CBD product on the major stage of the Super Bowl is a huge win for the cannabis industry. Will a CBD company score a coveted commercial spot for Super Bowl LIV? The times they are a changin’.
Source: https://www.forbes.com/sites/bethkaiserman/2019/01/20/super-bowl-cbd-coffee-2019/#190879005a55
2019 bottoms might be in already?
No longer a start up. It's game time.
Truckloads for months.
Do even more DD and find the dirty players more on outside of company than inside.
CEO is company's #1 promoter/salesperson
I don't find it unusual for a CEO to engage in a little "puffing" when it comes to promoting their own company's services or products. It's natural.
But - When industry peers start recognizing the company and its CEO, we have an even greater impression. Bruce is well known for what he has done for this industry since its infancy and Hemp Inc is sure as heck well known for its brand, services, and - now - products.
In my opinion, Bruce seems to genuinely care about the industry, even though he was incarcerated for nearly a decade for being one of the world's most valuable distributors of cannabis...
If anyone deserves a second chance, and has the greatest opportunity known to recent record of capitalizing on what he began decades ago, this is it - Bruce is King.
I think more people are behind Bruce than there are against him, and any of these personal vendettas are just that - personal.
There are hundreds, and thousands behind Bruce in his support, and what he is/has been doing, even though they locked him up before. Bruce is still going.
Think about that.
We are currently in negotiations to grow high CBD hemp biomass in many other states around America and many other countries around the world, thus ensuring our customers a constant and long-term supply of high CBD hemp biomass. Interested parties should contact Ms. Sandra Williams at swilliams@hempinc.com.
VOTE HEMP RELEASES 2018 U.S. HEMP CROP REPORT DOCUMENTING INDUSTRIAL HEMP CULTIVATION AND STATE LEGISLATION IN THE U.S.
FOR IMMEDIATE RELEASE
Contact: Lauren Stansbury - (402) 540-1208
01/28/2019WASHINGTON, DC — Vote Hemp, the nation’s leading grassroots hemp advocacy organization, has released its 2018 U.S. Hemp Crop Report. The report documents state-by-state progress of hemp legislation passed in 2018, reported acreage of hemp grown, identifies states with active hemp pilot farming programs and advocacy work the organization has lead over the past year leading up to the federal legalization of hemp through the signing of the 2018 Farm Bill. To view the complete 2018 U.S. Hemp Crop Report, please visit: https://www.votehemp.com/u-s-hemp-crop-report/.
“We’ve seen hemp cultivation significantly expand in the U.S. in 2018, with over triple the number of acres planted in hemp compared to last year and the addition of 4 more states with hemp programs,” said Eric Steenstra, President of Vote Hemp. “Now that we have lifted federal prohibition on hemp farming, it’s time to invest our energy in expanding hemp cultivation and the market for hemp products across the country so that all can reap the benefits of this versatile, historic American crop.”
Since the passage of Section 7606 of the 2014 Farm Bill, “Legitimacy of Industrial Hemp Research,” hemp cultivation in the U.S. has grown rapidly. The number of acres of hemp grown across 23 states totaled 78,176 in 2018—more than triple the number of acres from the previous year. State licenses to cultivate hemp were issued to 3,544 farmers and researchers; and 40 universities conducted research on the crop, more than double the number of licenses issued in 2017. The new 2018 Farm Bill, signed into law by the President on December 20, 2018, includes Section 10113 titled “Hemp Production,” which removes hemp from the Controlled Substances Act, places full federal regulatory authority of hemp with USDA, and allows State departments of agriculture to submit hemp program plans for approval and regulate hemp cultivation per their State specific programs.
In addition to defining hemp as cannabis that contains no more than 0.3% THC by dry weight, the 2018 Farm Bill asserts a ‘whole plant’ definition of hemp, including plant extracts; and removes roadblocks to the rapidly growing hemp industry in the U.S., notably by authorizing and encouraging access to federal research funding for hemp, and removing restrictions on banking, water rights, and other regulatory roadblocks the hemp industry currently faces. The bill also explicitly authorizes crop insurance for hemp. The full text of the hemp provisions in the Farm Bill of 2018 may be found at: https://www.votehemp.com/2018farmbill. For more details on the specific hemp provisions in the 2018 Farm Bill, please check out Vote Hemp’s blog post, “Hemp in the Farm Bill: What Does It Mean?” https://www.VoteHemp.com/hempinthefarmbill.
Among the fastest-growing categories in the natural foods industry, hemp seed is a rich source of Omega-3 and Omega-6 essential fatty acids (EFAs), providing both SDA and GLA, highly-digestible protein, and naturally-occurring vitamins and minerals, such as vitamin E and iron. An excellent source of dietary fiber, hemp seed is also a complete protein—meaning it contains all ten essential amino acids, with no enzyme inhibitors, making it more digestible by the human body. Advancements in hemp research and manufacturing demonstrate the remarkable versatility and product-potential for hemp. Hemp bast fiber has shown promising potential to replace graphene in supercapacitor batteries, which could then be used to power electric cars and handheld electric devices and tools. Hemp fiber can also be used to create environmentally friendly packaging materials, and hard bio-plastics for use in everything from airplanes to car parts. Hemp houses are also on the rise, as hempcrete, which is energy-efficient, non-toxic, resistant to mold, insects and fire, has many advantages to synthetic building materials, lumber and concrete.
To date, forty-one states have defined industrial hemp as distinct and removed barriers to its production. These states are able to take immediate advantage of the industrial hemp research and pilot program provision, Section 7606 of the Farm Bill: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Indiana, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Source: https://www.votehemp.com/press_releases/vote-hemp-releases-2018-u-s-hemp-crop-report-documenting-industrial-hemp-cultivation-and-state-legislation-in-the-u-s/
WHO'S GONNA PROCESS ALL THE HEMP?
HEMP INC -- CBS NEWS
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/hemp-the-burgeoning-industry-of-southern-oregon-92209/
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/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/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/
NORTH CAROLINA INDUSTRIAL HEMP REGISTERED PROCESSORS (DECEMBER 2018)
https://www.ncagr.gov/hemp/documents/Registered_Processors_docDec18.pdf
NORTH CAROLINA INDUSTRIAL HEMP REGISTERED PROCESSORS (JANUARY 2019)
https://www.ncagr.gov/hemp/documents/ProcessorListForWeb_000.pdf
Now over 300 state registered processors and counting in program's 3rd year.
Hemp Inc's 'IHM' one of original 10 state processors, beginning day-1.
Industrial hemp was legalized at the national level a few days ago...
Hemp "years ahead of the competition" as most everybody can see.
NC Industrial Hemp Commission Public Meeting by Conference Call is Jan. 30
January 28, 2019
The North Carolina Industrial Hemp Commission will hold a public meeting to review and approve research pilot program applications. The meeting will take place by conference call, which the public may join, on Monday, January 30, 2019, at 2pm.
Access the conference call at go.ncsu.edu/industrialhemp. If joining by phone, use one of these US toll numbers:
1.929.205.6099
1.669.900.6833
The meeting ID is 890-833-878. Participants will be prompted to enter their name and email address to join the meeting via the website, or prompted for a unique participant ID for the call. Press # to access the call.
With meeting questions, contact Beth Farrell at 919.707.3014.
The NC General Assembly passed Senate Bill 313 in 2015, allowing the creation of the Industrial Hemp Commission to develop the rules and licensing structure necessary to stay within federal laws. The Industrial Hemp Commission adopted temporary rules in February 2017, setting up the application requirements and process.
NC hemp growing is still under the Pilot Project, and farmers may apply to grow as long as they meet the requirements. Requirements include designation/filing with the IRS as a farmer. See more on the Pilot Project at www.ncagr.gov/hemp, which includes a link to the Application and Application FAQs.
Source: https://greyareanews.com/news/state-nc/nc-ind-hemp-mtg-jan-30-2019/
Next Meeting to Approve Applications
01/30/2019
A public meeting will be held via telephone conference. 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 890-833-878. 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.
Applications Pending Review for January meeting
(List Updated 01/27)
Tiffany Jacobs
Landon Scott Dail
Donald Milton Gray
Amy Catherine Hamilton
Robert Patrick Robbins
William Jeffrey Simpson
Adam Michael Huneycutt
Larry Joseph Vargas
Kyle Becton Hardy
Alexander A Guess
Mark Graham Ward
David Thomas Mcgee
Dorothy K. Everette
Martin Kelly McLeod
Sue Braswell Vernon
Sanjun Gu
Maria Bernadeth Christopher
Adam Joseph Brownwell
James E. McKnight
Everette Bridges
Tammy Butler Peterson
Harry Neil Moore
Herman Douglas Batten
Benjamin Seth Grandon
John Canty Melvin
James Edward Jones
William Todd Norville
Grace Carol Summers
Elizabeth Dabney MacLean
Bryan Richard Fleming
James Michael Pack
Larry Deleon Pope
Richard Kyle Stotesberry
Steve Michael Cox
Calvin Cornelius Mooney
Ronald Scott Glasscox
David Bryan Cox
Samuel F. Cox
Ron Ervin Cottle
Frank Cain Snow
Joey Michael Hocutt
Laura Ann Reid Livingston
John B. McEverett
Douglas Martin Foster
Eric Jefferson Pierce
Jessie Bryan Davis
Timothy Edwin Yarbrough
Thomas Fulton Wooten
William Norris Chapman
Bennie Williams Barwick
Ronald Clayton Pridgen
David Henry Rouson Sr.
Efferson Bass
April Hall Robertson
Barry Jennings Huffman
Larry Garland Smith
Gary Gene Dellinger
Christopher Jason Thomas
Garland Wyatt Whitford Jr.
Joseph Thomas Pilgreen
Gregory Allen Rouse
Michael Eugene Wilson
Jay Edward Barker
William Allan Newton
Frank Douglas Fowlkes
Ron William Richmond
Bradley Dwight Van Staalduinen
Dennie R. Martin
Edward Ronald Lunsford
Craig William Vaughan
Chandler Tunstall Currin Jr
Blake Edward Currin
Claude Elwood Hamlett Jr.
Charles Bert Raby
Robert Curtis Davis
William Earnest Dalrymple II
William Earnest Dalrymple Sr.
Robert Bruce Smith III
Alton Hardy Roberson
Anthony Gene Barefoot
Samuel Taylor Carson
Andrew Taylor Carson
John Wiley Carson
U.S. hemp acreage tripled in 2018 compared to previous year, says Vote Hemp
By Sebastian Krawiec
Jan 29, 2019
Compared to the previous year, the number of acres of hemp grown in the United States in 2018 more than tripled, according to Vote Hemp’s 2018 U.S. Hemp Crop Report. In 2018, there were 78,176 acres of hemp grown across 23 states, compared to 25,713 acres of hemp across 19 states in 2017. In addition, there were 40 university-conducted research studies, and 3,546 state hemp licenses issued in 2018, compared to 32 studies, and 1,456 state licenses in 2017. While 23 states cultivate hemp, 41 have enacted hemp legislation to remove barriers for its production.
The passage of the 2014 Farm Bill, that included Section 7606, “Legitimacy of Industrial Hemp Research,” allowing pilot programs for research purposes, played a huge role in the rapid growth of the hemp market. Now, even more roadblocks have been removed with the passage of the 2018 Farm Bill in December, and its hemp farming provision, redefining hemp as distinct from marijuana, removing it from Schedule I of the Controlled Substances Act, and putting hemp under the jurisdiction of the USDA.
“Now that we have lifted federal prohibition on hemp farming, it’s time to invest our energy in expanding hemp cultivation and the market for hemp products across the country so that all can reap the benefits of this versatile, historic American crop,” said Eric Steenstra, president of Vote Hemp, in a press release. Product applications for hemp are numerous. Vote Hemp cites hemp seeds as one of the fastest growing categories in the natural products industry due to their nutritional value, specifically their fatty acid content.
Hemp extracts rich in the cannabinoid cannabidiol (CBD) have also gained substantial recognition from consumers, though remain somewhat controversial from a regulatory standpoint. FDA will not approve CBD products as supplements because CBD was studied as an Investigational New Drug by GW Pharmaceuticals (Cambridge, UK) to treat epilepsy. Later, their CBD drug Epidiolex was approved by FDA. Hemp-derived CBD products remain popular however, as more consumers have become aware of the benefits cannabinoids provide, though many manufacturers avoid making any claims on their products to stay out of FDA’s crosshairs. According to Vote Hemp, hemp is also showing a great deal of potential in product applications outside of food such as environmentally-friendly packaging material, and bio-plastics.
Source: http://www.nutritionaloutlook.com/trends-business/us-hemp-acreage-tripled-2018-compared-previous-year-says-vote-hemp
U.S. Hemp Production Trending and Poised for New Growth
Posted by Paul Rusnak|January 29, 2019
No doubt, the end of hemp’s prohibition via the 2018 Farm Bill stood out amid the legislation’s plentiful pages. Farmers and industrial hemp stakeholders alike are now gearing up for next steps. According to an annual crop report from Vote Hemp, the foundation for rapid growth is in place.
The latest report from the grassroots industry advocacy organization indicates nearly 80,000 acres of licensed industrial hemp were grown across 23 states in 2018. That figure was up nearly three-fold from 2017 and roughly eight times what was counted in Vote Hemp’s first crop report in 2016. Vote Hemp cites the cultivation data and other statistics are provided by state departments of agriculture. Where states were unable to provide data on the hemp acreage planted, the organization estimated at 70% of licensed hemp acreage. This estimate is based on data collected in other states that has shown an average of 70% planting rate.
“Now that we have lifted federal prohibition on hemp farming, it’s time to invest our energy in expanding hemp cultivation and the market for hemp products across the country so that all can reap the benefits of this versatile, historic American crop,” stated Eric Steenstra, President of Vote Hemp, in a prepared news release.
Industrial hemp – a variety of the Cannabis sativa plant — has multiple known useful applications, such as for building materials, plastics, food, skin products, pain relief, and more.
As of this posting, 41 U.S. states have defined industrial hemp as distinct and removed barriers to its production. The following states are able to take immediate advantage of the industrial hemp research and pilot program provision, Section 7606 of the 2018 Farm Bill: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Illinois, Indiana, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Source: https://www.growingproduce.com/fruits/u-s-hemp-production-trending-and-poised-for-new-growth/
U.S. HEMP CROP REPORT 2018
https://www.votehemp.com/wp-content/uploads/2019/01/Vote-Hemp-Crop-Report-2018-nobleed.pdf
Quote:
Federal securities laws, such as Rules 10b-5 and 15c2-11 of the Securities Exchange Act of 1934 (“Exchange Act”) as well as Rule 144 of the Securities Act of 1933 (“Securities Act”), and state Blue Sky laws, require issuers to provide adequate current information to the public markets. With a view to encouraging compliance with these laws, OTC Markets Group has created these OTC Pink Basic Disclosure Guidelines. We use the basic disclosure information provided by OTC Pink companies under these guidelines to designate the appropriate tier in the OTC Pink marketplace: Current, Limited or No Information.
Many companies are not subject to SEC registration requirements, and therefore, do not make regular filings of financial information and other corporate events with the SEC. Companies are not required to provide financial information to OTC Markets Group; however in order for investors to make informed trading decisions, many companies elect to provide disclosure.