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Blue Moon is one of the better known ones. They just launched a THC infused beer in Colorado (yes they are a publicly traded company). I see THC infused beers like this from well known companies becoming more popular than any HEMP beer. Especially where MJ is legal.
SLEEK, remember Canada MJ legalization is imminent...should happen any day now. Plenty of THC beer stocks out there will be all the rage. Both on CSE and OTC. ;)
HEMP trading like one of the big boy stocks. She's got a tight spread
National distribution looks to be a fantasy as I previously predicted...
"Despite its intention, Sipp has encountered a few regulatory issues when trying to expand its market outside of Colorado which is causing some delay. Management has been actively working through the issues and expects to have them resolved soon."
A statement like this in stinky pinky land usually means nothing gets done.
SRING HOPE, NC, April 17, 2018 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC PINK: HEMP) applauds Senate Majority Leader, Mitch McConnell, for introducing a bill last week that would remove industrial hemp from the federal government’s schedule of controlled substances. The Hemp Farming Act of 2018 stipulates that hemp will be legalized and removed from the Controlled Substances Act and also makes industrial hemp eligible for crop insurance. As a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western hemisphere, Hemp, Inc. has been a long-time proponent for industrial hemp and sees this as a widespread opportunity for farmers across the country to grow hemp and reap the economic rewards of growing hemp.
“This Hemp Farming Act sends a clear message to U.S. farmers that they should get started planting as much hemp as they can. This bill can be revolutionary. It has already started sending shockwaves through the farming and agriculture communities across the country,” says Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP). The filing of The Hemp Farming Act of 2018 follows the Omnibus Spending Bill recently signed by President Donald Trump that includes certain protections for hemp.
Stated in a press release from Senator McConnell’s office, “The Hemp Farming Act of 2018 … builds upon the success we have seen through the hemp pilot programs by allowing states to be the primary regulators of hemp (if the U.S. Department of Agriculture approves their implementation plan). This legislation will also remove the federal barriers in place that have stifled the industry, which will help expand the domestic production of hemp. It will also give hemp researchersw the chance to apply for competitive federal grants from the U.S. Department of Agriculture – allowing them to continue their impressive work with the support of federal research dollars.” To read the full press release from McConnell’s office, click here. McConnell is optimistic that industrial hemp can become, sometime in the future, what tobacco was in Kentucky's past (according to a recent Forbes article).
Previously, McConnell has helped develop new federal and state legal permissions for hemp and even steered hemp into the 2014 Farm Bill and co-sponsored the Industrial Hemp Farming Act of 2015. Now, McConnell’s new bill will remove industrial hemp from the Controlled Substances Act.
New data show that U.S. hemp production soared in 2017 – signaling that the hemp industry now has more momentum than ever to become America's newest leading industry. More acceptance for hemp and CBDs, coupled with easing regulations at the state level, are just the right stimuli to cause U.S. hemp production to surge, as we have seen just this past year. One source noted, “From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same one-year period.”
There has also been a need in the market to help hemp farmers figure out optimal growing practices. Hemp, Inc. identified that need a year ago and has since established the Hemp, Inc. University which has, to date, educated over 800 attendees. “We have seen how the decrease in profitability of tobacco farming has compromised the family farm, leading many to abandon generations-long businesses in search of different employment in more urban settings. We are proud to be on the forefront of the industrial hemp movement and look forward to sharing that experience and expertise,” said Perlowin.
The Hemp University is one of Hemp, Inc.’s powerful tools in educating and training farmers who are growing hemp for the company this year. In fact, Hemp, Inc. is expected to grow up to 25,600 acres of industrial hemp this year thus making North Carolina the “Epicenter of the Industrial Hemp Industry”. The large amount of acreage is expected to improve farmer profitability as well as boost the overall economy by opening up new revenue streams in the marketplace for buyers and farmers seeking higher quality products.
According to the cannabis research firm Brightfield Group, the U.S. market for hemp-derived CBDs “will swell to $1.65 billion by 2021 – a nearly six-fold increase.” Hemp, Inc.’s long-term strategy (as previously announced) is to build the world’s largest hemp oil extraction infrastructure by creating joint ventures with multiple companies to house and operate their cannabidiol (CBD) extraction equipment in its 85,000-square foot multi-purpose industrial hemp processing facility in Spring Hope, North Carolina.
Hemp, Inc. has already signed a consulting agreement with HQ Global Education, Inc. (OTC: HQGE), a scientific research development company. This agreement will support Hemp, Inc.’s efforts to further build out its hemp cannabidiol (CBD) extraction infrastructure. HQ Global Education, Inc. is in final negotiations to purchase a customized, state-of-the-art CBD extraction machine to be housed in Hemp, Inc.’s multi-purpose industrial hemp processing facility in North Carolina, as previously announced.
With the Hemp Farming Act of 2018, the timing could not be better. “This agreement with HQ Global Education, Inc. is a natural fit for both our companies and the timing couldn’t be better. The hemp industry is growing by leaps and bounds” says Perlowin. With CBDs taking America by storm due to its medicinal and health benefits, HQ Global Education, Inc. executives feel this is the perfect time to enter the market. The enormous growth potential of the CBD market will provide HQ Global Education, Inc. with a pipeline of opportunities they can take advantage of by using their extensive industry research and voluminous body of information on specific CBD combinations through their Educational and Extraction divisions.
ABOUT HEMP, INC.
With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.
Mitch will be speaking to Fox News at 4pm.
Are people here banking on some sort of legit big national distribution deal? Cause that's extremely rare in stinky pinky land.
I agree! Huge news coming
I agree. GO SIPC! :)
When i search "Hemp stocks" I get the Hemp INC stock chart in addition. This one could truly go to the moon. Only time will tell.
What exactly needs to happen to see double digits in your opinion? Mitch introduced the Hemp bill as you know today and SIPC still stagnant.
Agreed! Budweiser, Coors, and the other big names will take over any market there is with a snap of a finger.
SIPC's financials are unaudited. Unless the fins are audited, there's no way of knowing the truth. Stinky pinky CEOs lie all the time. I wouldn't take his word for it.
I also don't believe 420 will be a factor this year. That's the vibe I'm getting.
We shall see
Huge spread. I don't see SIPC picking up any steam for a 4/20 run. Confidence/excitement not there.
Here's the problem...like you said, there are over 300+ "mj" stocks. After hemp legalization, how do you expect the average Joe(as you infer) to find SIPC? It's a very small unknown company with low volume on a daily basis. they would Google "best hemp stock". Atleast that's what I would do if in their shoes. Nothing shows up for SIPC.
What are your opinions on how the average investor will find SIPC? (assume you know nothing about SIPC and very little about investing in general)
HEMP INC operating at full capacity Love seeing TRUCKLOADS being shipped out.
How exactly would any hemp/mj legislation affect SIPC business plan? Seems they deal with products that are already legal. I don't see how any legislation affects SIPC.
enlighten me please
How does the Hemp bill directly affect SIPC business plan? SIPC is free to operate without legalization anyway just like many other stocks. Are they involved in the production of the crop cause that what the bill is about.
Please enlighten me
SPRING HOPE, NC, April 09, 2018 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest multi-purpose industrial hemp processing facility and mill in the western hemisphere, announced today that the Company was featured in a CBS North Carolina special about the hemp industry and the Company’s products that are created to provide an environmentally-friendly solution to the oil and gas drilling industries. To see Hemp, Inc. on CBS 17, click here.
Hemp, Inc. announced on Jan. 4th that the Company was shipping its first purchase orders of loss-circulation material DrillWall™ and Kenaf fiber, making Spill-Be-Gone™ the third natural plant product the Company has begun selling this year. Spill-Be-Gone™ is made from the core particles and powder of the kenaf plant, which is one of the world’s most absorbent natural materials. This product can be used for the cleanup of oil, diesel fuel, hydraulic fluid, solvents, water and most other liquid spills, and can be formulated to be fire retardant as well. Notably, Spill-Be-Gone™ was one of the products used to help clean up wildlife during the BP Deepwater Horizon oil spill.
As shown in the TV exclusive, Hemp, Inc. partners with tobacco and other farmers throughout the state who are looking to introduce hemp into their crop rotation. Hemp, Inc.’s goal this year is to plant up to 25,000 acres of hemp in North Carolina, which is more than what the whole country planted last year. Many farmers across America are seeking new ways to keep the family farm profitable. The hemp crop can produce a profit margin much greater than that of tobacco in North Carolina.
CBS 17 news reporter, Amy Cutler, was on location at Hemp, Inc.’s Spring Hope processing facility. CBS 17 stated, “While hemp and marijuana are the same species, hemp has a negligible amount of THC, meaning it won’t get you high. Truckloads of kenaf and hemp have become the norm at HEMP Inc.’s processing facility in Spring Hope. Perlowin said four years and $20 million later, it’s become the largest hemp processing facility in the Western Hemisphere. Perlowin and his crew showed CBS 17 around the processing facility, explaining how different strains of hemp are used.”
"It shreds it up into very small particles, smaller than one inch. From there it exits up the incline conveyer and drops into the first stage of our milling operation,” said David Schmitt, COO of Hemp, Inc.’s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC. Schmitt said that a larger particle size is used for absorbing oil following a spill. "We're just making a handful of products here out of hemp. There are over 25,000 products that can be made from hemp.”
Fourth generation farmer Tony Finch was also interviewed at Hemp, Inc.’s industrial hemp processing facility. "We had kind of been pushed back out of tobacco contracts, so we were needing another crop to make money, to stay in the farming business,” said Finch.
Perlowin concluded the interview by applauding Senator Mitch McConnell’s call to have hemp removed from the list of controlled substances. When asked his thoughts on McConnell introducing the bill to legalize hemp, Perlowin said, "It'll be a boon for North Carolina, it'll be a boon for America.” To watch the CBS coverage of Hemp, Inc. “NC hemp processing facility is largest in western hemisphere,” click here.
LMAO
This just proves the SEC case is equivalent to Swiss cheese. They would never let HEMP INC operate like in the video.
SWEET VIDEO! HEMP INC PROCESSING FACILITY PUMPING OUT TRUCKLOADS OF HEMP. BRUCE IN THE NEWS. NICE!!!
They here for more than "HEMPertainment". I find it hard to believe otherwise
TOTALLY AGREE! If there was anything to this , Bruce would have been forced to step down back in 2016 or indited by now. But has been allowed to remain CEO. If the evidence was strong, sec would have shut down trading permantly 2 years ago...not gonna happen.
When a stock has such low volume it is easily manipulated. That's what we see here. SIPC is a stock traded by ihub members only...believe me
Wow that's very interesting! The author Amy Cutler is a well established local NC news reporter. She is LEGIT!
HEMP looking good
It's also confirmed SIPC dumped close to 36M shares into the O/S count within the last 4 months. Those debt notes from past filings must be coming available as of late.
CEO lying about product placement? Is this true? WOWZERS!
SOON all the news organizations (even the fake MSM) will be talking about hemp and how it can save America.
The crop might even get a shout out from Trump. China wants to tax soybeans and other crops. Hemp crop will make America wealthy again.
HEMP looking solid! EOM
Saw a 2.4M bid at 35 near the end. Someone knows something! Strong close on low volume. HEMP IS SOLID!
I love watching FB bleed a slow death...sooooo sweeeeet!!!
HEMP has huge buyout potential. Billionaires could be eyeing this stock waiting to strike a deal. 10bagger before legalization...after...sky is the limit.
Will go parabolic if stop sign comes off. I guarantee Bruce's legal team is trying to do just that. We shall see.
market cap currently is 17mil...lots of room to run.
Well it's never been posted on this forum. Maybe I missed it. Was it not?
Not everyone calls the TA everyday. Some rely on forum posts.
Old news? It was posted yesterday.
I don't see how it's old news.
UPDATED SHARE STRUCTURE FEB 5...
Authorized Shares12,000,000,000a/o Feb 05, 2018
Outstanding Shares2,228,824,750a/o Feb 05, 2018
With all those $55k notes issued...O/S will be going up with each update. I guarantee it.
Tew doesn't have a soul
As stated in the 8k...the only requirement for the dilution to happen is a .00001 bid...yeah I said four 0's. Tew naturally has very low standards for himself LMAO