Hemp Inc (HEMP)

[worldisfullofDerps]

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


Rep. Lowey, Nita M. [D-NY-17]


This brings the total sponsors to 59, up from the original 47. The current sponsors indicate bipartisan support.

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

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

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

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

Cannabis and Banking:

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

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

More:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=115425657

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114509093

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114431268

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=112731410

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114221759

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