Demand Continues to Surge for Cannabis & Industrial Hemp
Products While Becoming a Cornerstone for Financial Stability for
Growers & Processing Facilities
Coral Springs, FL -- June 7, 2016 -- InvestorsHub NewsWire
-- As the U.S. and Global demand is surging for cannabis and
industrial hemp products and services, it is estimated in 2016 the
U.S. could important over $500Million in hemp foods, seeds and
products made from the crops alone. Industrial Hemp by itself has
spawned many new start ups as other possible uses for the crop now
include fiber, food, paper, textiles and many industrial
applications & uses.
In hemp operations of importance in the markets today: Hemp,
Inc. (OTC:
HEMP) is proud to announce its first Kenaf harvest from its
wholly owned subsidiary, Industrial Hemp Manufacturing, LLC, in
Spring Hope, North Carolina. Executives say the 150 acres of Kenaf
were cut, raked, baled and was transported to Hemp, Inc.'s 70,000
square foot industrial hemp processing facility where it was
weighed, stored and paid for. "This is a huge milestone for Hemp,
Inc. From seed, to harvest, to paying the farmers, our 150-acre
Kenaf crop represents great success in the fact that we were able
to inject revenue into the local farming community that we have
become a part of," says David Schmitt, COO of Hemp, Inc.'s
Industrial Hemp Manufacturing.
Read the full Hemp Inc. (HEMP)
Press Release at: http://www.financialnewsmedia.com/profiles/hemp.html
Schmitt said the company has planted another 400 acres this year
for its second season as they prepare for a massive hemp crop in
2017, in North Carolina. "We planted 400 acres this year which
represents about a 70% increase from last year. The harvest came in
just as our truck scale was installed. That was perfect timing
because we were able to weigh the Kenaf. "
Bruce Perlowin, CEO of Hemp, Inc. commented, "This was such a
critical cycle that we completed. Once you plant a crop,
successfully harvest it and pay the farmers, you have gotten the
farmer's attention. They'll be eager to grow Kenaf and hemp next
planting season. In order to grow the amount of hemp we expect to
grow in 2017, having the confidence of the farmers is a must. Even
though it's Kenaf this year, next year, we expect to grow a lot of
hemp."
In other Hemp/Cannabis/Marijuana operations, news and recent
developments: Medical Marijuana, Inc. (OTC:
MJNA) announced today that the Associated Press and Paraguay's
top television news channel Telefuturo covered the historic news of
the government of Paraguay granting its first-ever import permit
for Real Scientific Hemp Oil (RSHO) as a prescription medication
for refractory epilepsy. The Associated Press article titled
"Paraguay importara aceite de marihuana de Estados Unidos (Parguay
imports hemp oil from the United States)," features comments from a
spokesman for the Paraguay Government's National Anti-Drug
Secretariat about the country's decision to allow RSHO into the
country. The Telefuturo broadcast is titled: "Autorizan importacin
de aceite de cannabis para uso medicina (Hemp oil authorized for
import for medical use.)"
Terra Tech Corp. (OTC:
TRTC) (OTCQX:
TRTC) last month announced that its subsidiary, Edible Garden,
a retail seller of locally grown hydroponic produce, herbs, and
floral products, has shipped its first order of
nutritionally-enhanced lettuce to ShopRite Supermarkets. The
lettuce was developed in partnership with Nutrasorb LLC under the
name SUPERLEAF, in conjunction with Rutgers University, and is the
latest addition to Edible Garden's product line of non-GMO fruits
and vegetables. TRTC is up slightly today in trading at $0.303 as
of 10:00am EST.
Rocky Mountain High Brands, Inc. (OTC:
RMHB), a consumer goods company specializing in brand
development of health conscious, hemp-infused food and beverage
products., announced yesterday that a new audio interview with the
Company, is now available. The interview can be heard at http://smallcapvoice.com/blog/6-2-16-smallcapvoice-interview-with-rocky-mountain-high-brands-rmhb.
22nd Century Group, Inc. (NYSE: XXII), a plant biotechnology
company that is a leader in tobacco harm reduction, announced last
month that Paul J. Rushton, Ph.D., the Companys Vice President of
Plant Biotechnology, gave a seminar to discuss 22nd Centurys novel
Very Low Nicotine smoking cessation aid at Hofstra Northwell School
of Medicine on the campus of Hofstra University in Hempstead, New
York. During the presentation, Dr. Rushton announced a new
initiative to engage medical departments, medical professionals,
and professors at prominent U.S. medical schools as part of a new
effort by 22nd Century to inform health care professionals about
the Companys Very Low Nicotine products and their potential to
revolutionize the options available for doctors to treat smoking
addiction.
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