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Re: The witness II post# 38942

Saturday, 03/29/2014 3:12:53 PM

Saturday, March 29, 2014 3:12:53 PM

Post# of 122022
HEMP Money,
I agree with you in that you don't need bills passed in order to make a product line to bring in revenue but that would mean they would need a consistent supply of HEMP. The United States spends an average of $11.5 million in Hemp imports as of 2011. That is over double the amount of money spent from 2007 ($4.8 million). Basically, from a business perspective, that is an insignificant amount of money, but the increase is SIGNIFICANT in a 4 year period.

Mind you, that is only statistics from Hemp fibre and seed which only accounts for a small percentage of Hemp usage in manufacturing.

So the product line will help the company but the ability to cultivate and manufacture hemp will reduce cost and increase revenue. It's all about the quarterly reports with penny stocks. Also, being the only company "HEMP BASED" would give HEMP Inc a major advantage when the industry is "free from law".

That is my thinking in the whole idea of ROI with the bills passing. Again, all we need is one state with "loose regulation" to have this industry explode. This will pose a challenge with other industries only concerned about self-interest (i.e. baby boomer gas and oil businessmen). Sooner than later imo, it will happen and I want to be along for the ride with as many shares as possible for the cheapest price.

cc