Hemp Inc (HEMP)

[The Stock Warlock]

Not a problem, I will try to answer these for you from my own perspective.

How is it new if the company has been around for quite sometime? 

The industry itself is new, or renewed, to the U.S. since it had been banned for some time.

Several hemp companies sprang up in the earlier 2000s when there was generated hype with US bills being voted on in regards to the legalization of Hemp (industrial hemp bills of 2005 and 2009 I believe).

These bills did not pass however the hype did not stop. So now, after several years with of waiting, several states have started to research hemp themselves, start pilot programs for growing, etc..

In fact where Hemp Inc's processing facility resides, North Carolina's Hemp pilot program started in 2014 but it wasn't until this year that approved North Carolinians were able to start growing it in their fields.

So you see, Industrial hemp has bee. in talks and mentioned for years as a possibility, so in turn companies emerged in hopes to gain an advantage of being the early birds of legalization.

Why has the stock price dropped so much over the years?

There is a variety of reasonings for this.

The most notable that a person might identify is an investment fraud ordeal with CEO Bruce Perlowin involving the Penny Pot Boom of 2014. You can google Bruce Perlowin and read more about it.

Other than that, I would say that the price has dropped over time with dwendling hype. As I mention before, industrial hemp has been in talks of legalization for over 10 years now so naturally the hype has risen and declined with the outlook being so previously uncertain.


Again, this is just my own personal opinion of it all.