Great news! Exactly what $HEMP longs needed to hear. Let the reversal uptrend begin!
We just might see a start for another little run with the announcement at 4:28pm today that 10 Democractic House members introduced a House Bill today to decimrialize the laws on marijuana use along with a seperate bill providing for a $1,000 a year tax on hemp producers.
Bruce Perlowin is the subject of the #1 most watched CNBC documentary of all time, "Marijuana Inc". Learn how he's created another empire only this time 100% legal.
In this interview Bruce shares the latest news from around the country and about Hemp Inc - a publicly traded company he founded to help create a better world.
Feb 05, 2013 OTC Disclosure & News Service /C O R R E C T I O N -- Hemp, Inc./ PR Newswire
In the news release, Industrial Hemp and Medical Marijuana Industry Hits All-Time High in 2013, issued 04-Feb-2013 by Hemp, Inc. over PR Newswire, in the second paragraph, the hyperlink behind "here" in the last sentence, should be "internetradiopros.com/spreadpeace/?p=episode&name=2013-01-12_000_spr_011213.mp3" rather than "https://twitter.com/bruceperlowin?p=episode&name=2013-01-12_000_spr_011213.mp3"; as incorrectly transmitted by PR Newswire. The complete, corrected release follows: Industrial Hemp and Medical Marijuana Industry Hits All-Time High in 2013
LAS VEGAS, Feb. 4, 2013 /PRNewswire/ – Recent activity in the markets has pushed the industrial hemp and medical marijuana sectors to new heights, setting a record volume of Hemp, Inc.'s (OTC: HEMP) traded shares of 70,226,200 this past week. Hemp, Inc. (OTC: HEMP), the industry leader that led the last growth curve back in 2009 with a 480% increase, is, again, leading the industry in 2013 as its CEO, Bruce Perlowin, predicted. According to Perlowin, the pioneer of the industry, the last spike was only a precursor to what is happening now in an industry that is officially "unstoppable."
As one of the largest publicly-traded companies of hemp stocks in the United States, by market capitalization, Hemp, Inc. (OTC: HEMP) has poised itself as the leader in the industry. The company Hemp, Inc. (OTC: HEMP) has been dousing the industrial hemp market with hemp-based products, expanding its divisions and working to complete the spin-off of non-core related subsidiaries. Strategist and CEO of Hemp, Inc. (OTC: HEMP) Bruce Perlowin has also laid out the most powerful and profitable purchasing mechanism in the history of marketing which he calls the "Quantum Economic Purchasing Matrix." This is the next phase of moving from a developmental stage company to an operating company which means a full scale launch under their sales and marketing program. Full implementation of this humanity-serving model is set for the second quarter. (Listen to recorded conference call here.)
This humanity-serving model, is no easy feat even for a man who knows every nuance of the industry and who pioneered solutions for the industry such as a tax remittance card. With this card, Hemp, Inc. is able to track all taxes collected, on a daily basis, and remit the proper amount of tax to the proper authorities based upon their requirements. This can be a windfall for state and local governments. Along with the tax remittance card, Hemp, Inc. offers other comprehensive solutions to the industry that covers inventory control which tracks products from seed to sale; educational expos; and seminars to educate entrepreneurs on the shifting laws and realities of the medical marijuana and industrial hemp industry.
While educating consumers on the many uses of industrial hemp, Hemp, Inc. (OTC: HEMP) (www.hemp.com), is also producing hemp-based products proven to increase the body's overall health and performance. The company boasts HerbaGenix™ nutraceuticals (www.herbagenix.com); BasicHemp (www.basichemp.com), their hemp protein shakes brand; and, custom-branded MJ Lover for Him and MJ Lover for Her (www.mjlover.com) and Re-Load's hemp nutraceuticals (www.re-load.biz) which are derived from a blend of organic nutrients, herbs, and vitamins including hemp extract, and AFA blue-green algae which is known for its healthful effects.
Other products include hemp gemstone candles (www.supportpatchadams.com) made on the Kins Domain; the Eco-Harmony Loyalty Card (www.ecoharmonycards.com); Hemp, Inc.'s flagship website and aged URL (www.hemp.com) which is the portal for all industrial hemp products and what is quickly becoming the "Amazon" of the industrial hemp industry; hemp and natural fibre clothing (www.cartelblue.com) coming Spring 2013; education and media (www.marijuanaincorporated.com); and Hemp, Inc.'s Hemp Ambassador program, which Perlowin discussed during TheStockRadio.com's radio interview.
The original founder of Medical Marijuana, Inc., and one of the first leaders promulgating a viable medical marijuana public company which has paved the way for other marijuana stock companies to follow, Bruce Perlowin is indeed a proven innovative, savvy, aggressive entrepreneur and progressive advocate of the medical marijuana and hemp industries. According to Perlowin's son, Aubree Arias, CEO of Compassion Capitol, LLC, his father has, "made great strides in unifying and educating the public about the hemp industry. Before my father took Medical Marijuana, Inc. public, there were no publicly traded corporations in this arena. He had the courage to be a pioneer and risk bringing Medical Marijuana, Inc. into the public equities market. Taking on the stigma associated with hemp has not been an easy road, but he has paved the way, and we are seeing the fruits of that with over a dozen publicly traded entities in this sector. Now we are poised to have Hemp, Inc. (www.hemp.com) become the 'Amazon' of the hemp world, as we expect rapid growth in the industry."
Last year, in early November, Perlowin was quoted saying, "I foresee another spike after the elections, because there are too many states voting for legalization. Even if a few states pass, it will clearly show the market that this industry has just made a quantum leap forward… approaching that tipping point where this industry experiences an explosive, exponential growth curve. The millions of shares traded in each company of the Fabulous Four clearly indicate that the investment community sees this industry is here to stay and that they want in at the beginning of the next growth curve that any victory in any of the states the elections will bring us," says Perlowin. Last week, the Fabulous Four collectively sold over a quarter of a billion shares.
Over the past week, the top four hemp and marijuana stock companies Hemp, Inc. (HEMP), GrowLife, Inc. (PHOT), GreenGro (GRNH), and Medical Marijuana, Inc. (MJNA) otherwise known as the "Fabulous Four" have seen significant growth. The Fabulous Four currently represents what stock market analysts call a classic bull market, whereby stock prices as a whole move upward for a prolonged period of time. The rate at which those gains occur can vary widely from bull market to bull market. The duration of a bull market, the severity of the falling market that follows, and the time that elapses until the next upturn are also different each time. However, according to Perlowin, this is the beginning of a long-term solid upward trend, as the odds are "in our favor." The initial stages of the current spike, shows Hemp, Inc. grew 55.2% in the last few days alone.
Sterling Scott, Grow Life's CEO said, "Our industry sector is experiencing a very strong tail wind from much more favorable public perceptions and the fast pace of regulation reform". Scott went on to explain that, "Expansion and growth are very strong trends today. We think this is because the scale of the opportunity for GrowLife (OTC: PHOT) and other Medical Marijuana centric public companies is increasing geometrically. Fund investors and retail investors alike, are becoming very interested in our stock and they do not want to be left behind and miss out on solid long term investment opportunities."
Michelle Sides, Esq. of Medical Marijuana, Inc. said, "As the oldest medical marijuana publicly traded company in America, the last 30 days clearly indicate that our industry is moving into hyperdrive, attracting investors at an unprecedented rate, up to this point. The entire Fabulous Four hemp and medical marijuana stocks are experiencing the same thing, reminiscent of a dot.com explosion. They are all banking on the future and the future is just now coming to the forefront in mainstream America everywhere. Our stock skyrocketed from 10 cents to over 30 cents."
James Holt, CEO and Grower of GreenGro Technologies said, "As our industry continues to mature and evolve we are seeing a shift from a wild-west mentality to companies in this industry focusing on solid business fundamentals and long term growth. The top echelon of this nascent industry are delivering extraordinary returns for investors and generating real revenues and profits now, and are positioned well for future growth."
Perlowin also owns stock in the other 3 companies GrowLife, Inc. (PHOT), GreenGro Technologies (GRNH), Medical Marijuana, Inc. (MJNA) and is negotiating to showcase and demonstrate the effectiveness of the advanced growing technologies on his Kin's Domain project in Dolan Springs, Arizona (www.kinsdomain.us). This back-to-the-land sustainable movement is where some of Hemp, Inc.'s hemp products are manufactured. Perlowin states, "Hemp, Inc., GrowLife, Inc., GreenGro Technologies, and Medical Marijuana Inc. are the four fastest growing industrial hemp and medical marijuana stocks in the industry so it's only natural that we all work together in a synergistic economic relationship. Perlown further stated, "Whenever anyone asks me where I should invest in this industry, I always point to Fabulous Four. Spreading your investment portfolio is always a wise decision and its human nature to do that anyways. I'm in support of the entire industry, not just my own company Hemp, Inc. (OTC: HEMP)."
"Bruce Perlowin is an interesting character. His journey reminds me of the 'Catch Me If You Can' movie. Bruce grew up at the beginning of this industry as a teenager in South Florida, which at the time became the largest import center for marijuana, in the 60's hippie days. Bruce then moved to California and pioneered a new smuggling route from the west coast of Columbia to the west coast of California and under the Golden Gate Bridge. The media dubbed him 'The King of Pot' and he was featured on the most watched documentary in CNBC history (Marijuana, Inc.: Inside America's Pot Industry) where 34 million viewers watched it the first time it aired. Four years later, it's still airing on a regular basis and Bruce has become somewhat of an icon in this industry, one of the most recognizable and respected personalities in this sector today, reminiscent of the movie 'Catch Me If You Can.'"
Tobias continued to, "The story of his heyday as a marijuana smuggler has been retold in the book 'The Golden Gate Smuggling Company - A San Francisco Marijuana Empire' by Brett Douglas and a second book is now in the final editing stages. He's a brilliant entrepreneur and visionary. There are very few people today with the breadth of knowledge of every aspect of this newly emerging billion dollar mainstream industry. A major motion picture on his life as 'The King of Pot' is now moving into high gear concurrent with the industry. A major motion picture would certainly bring massive market awareness to what Bruce Perlowin, the CEO of Hemp, Inc. is doing today. [www.thekingofpotthemovie.com]"
The analogy to the movie "Catch Me If You Can" fits Perlowin perfectly. His background and in depth knowledge of the industry, spanning over 4 decades, gives Perlowin insight on the industry and the uncanny ability to provide necessary solutions. He is considered the go-to person in the industry. But for Perlowin, it's not only about the stocks. He has proved to be quite the philanthropist.
Perlowin donates to Dr. Patch Adams' of Gesundheit! Institute who is building a 50 million dollar, free hospital in West Virginia. The institute is a not-for-profit health care organization and is a project in holistic medical care based on the belief that one cannot separate the health of the individual from the health of the family, the community, the world, and the health care system itself (see www.PatchAdams.org). Other efforts Perlowin donates prolifically to include the Cash Hyde Foundation Fundraiser with Tommy Chong (www.CashHydeFoundation.com); The Cando Kids Project (www.candokidsworld.org); C Bar J Horsehaven Rescue, in Dolan Springs, Arizona (www.cbarjrescue.wetpaint.com); Spread Peace USA – Feeding the Homeless (www.facebook.com/spreadpeaceusa); Keepers of the Wild, to build an 1,800 acre animal sanctuary and Kins Community on 4,000 acres in Dolan Springs, Arizona (www.KeepersOfTheWild.org); The Twilight Brigade, serving our dying veterans so none of our veterans will ever die alone (http://www.thetwilightbrigade.com), Agape International Spiritual Center http://www.agapelive.com/), Help Worldwide Foundation, creating funding options for charities (http://www.sourceinc.tv/oldsite/press/HelpWorldwideFoundation.pdf), the Seva Foundation to be fully human, we must translate our compassion and concern into useful service (www.seva.org) and others.
