Followers | 735 |
Posts | 25661 |
Boards Moderated | 2 |
Alias Born | 02/01/2014 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, April 22, 2014 10:30:02 AM
PR Newswire Polaris International Holdings, Inc.
2 hours ago
PLANO, Texas, April 22, 2014 /PRNewswire/ --
Polaris International Holdings, Inc. (PIHN) has entered into a revolutionary agreement with a 70 acre hemp farm in Kentucky. The agreement provides for Polaris to secure 100% of the harvested material for the extraction of cannabinoids.
Polaris is focused on the development of their ProCannas Product line and intends on utilizing some of the production of Hemp to be used for the production of such said line of products and the availability to enter into other markets as well.
The two companies will form a separate LLC of which each company will be members.
Kentucky passed SB50 in 2013 which removes hemp from the controlled substances list and allows for Kentucky farmers to cultivate the crop without fear of law enforcement. To read the entire bill visit www.lrc.ky.gov/record/13RS/SB50.htm
"With Kentucky's SB50 becoming law and allowing the growth of hemp, the opportunity to secure farmland for our benefit was necessary. By entering this joint venture, we are opening the door to establish our own supply of CBD for use in our ProCannas products. This will substantially reduce our production costs and therefore increase profitability for the Company." states Medical Director, Dr. Vasthi Alvarez Avila. Tentative plans for extraction of the CBDs from the growth production will be completed within Kentucky which will decrease delivery and production time.
The Company is also looking forward to the launch of its new website in the coming weeks which will have more detailed information on the company, production, and the ProCannas line of products.
Who ever said charts aren't always right, doesn't understand its true potential and is too lazy to learn!
We know what we don't understand!
My Hunch is 90% right at times the 10% is usually just a figment of my imagination. Dont take my judgeme
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM