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Arizona House Committee Passes Industrial Hemp Bill Hemp, Inc. Reports
Arizona House Committee Passes Industrial Hemp Bill Hemp, Inc. Reports.
About this update from Hemp, Inc.
[{"type":"text","content":"\n \n \n Arizona House Committee Passes Industrial Hemp Bill Hemp, Inc. Reports\n \n \nArizona House Committee Passes Industrial Hemp Bill Hemp, Inc. Reports\n \n SPRING HOPE, NC--(Marketwired - May 17, 2017) - With Hemp, Inc.'s (OTC PINK: HEMP) 500-acre Arizona hemp farming infrastructure moving into high gear, the following news could not have come at a better time. We are pleased to report Arizona's House (Committee of the Whole) passed SB1337, amended, last week on 5/8/17 after the Senate passed it on 2/23/17. Proposed by Senator Sonny Borrelli, the bill would legalize the production, processing, sale and distribution of industrial hemp for commercial purposes and be treated as an agricultural crop subject to regulation by the Arizona Department of Agriculture. Senator Borrelli believes hemp would be a \"good cash crop\" for Arizona farmers since it can be used for a multitude of products ranging from fiber for clothing to oil. Thus, Arizona is \"on the verge of authorizing its farmers to start growing hemp\" according to one local new source.\n This is perfect timing, according to Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP). Hemp, Inc.'s 70,000 square-foot multi-purpose industrial hemp decortication facility, in Spring Hope, North Carolina, is set to be fully operational any day now and will be the largest hemp processing plant of its kind in the western hemisphere. \"Our type of commercial facility is an essential part of industrial/processing infrastructure necessary for the emerging, large scale industrial hemp industry in America. Now that we have that in place, we are focusing on building the farming infrastructure all over America. Acquiring a hemp baler in North Carolina, growing hemp clones in Colorado, joint ventures in Kentucky, and establishing the Arizona 'Veteran Village Kins Community' are the ways we have, thus far, implemented the first phase of our massive expansion plan to grow hemp in all legal states,\" said Perlowin. The Hemp University is the educational infrastructure and Hemp, Inc.'s CO2 Critical Extractor purchase is part of an already existing and rapidly expanding extraction infrastructure in America. (A more detailed description Veteran Village Kins Community can be read below.)\n Perlowin continued, \"The legalization of industrial hemp in Arizona would benef...