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Hemp, Inc. Reports: Arizona On Track to Legalize Industrial Hemp
Hemp, Inc. Reports: Arizona On Track to Legalize Industrial Hemp.
About this update from Hemp, Inc.
[{"type":"text","content":"\n \n \n Hemp, Inc. Reports: Arizona On Track to Legalize Industrial Hemp\n \n \nHemp, Inc. Reports: Arizona On Track to Legalize Industrial Hemp\n \n SPRING HOPE, NC--(Marketwired - Feb 22, 2017) - Hemp, Inc. (OTC PINK: HEMP) executives announce to shareholders today that another state, Arizona, may soon join the ranks of states that have legalized hemp. According to the Arizona State Legislature, SB1337, proposed by Senator Sonny Borrelli, passed the Commerce and Public Safety Committee by a 6-1 vote and cleared the Appropriations Committee by a 10-0 vote, last week. As permitted by the state of Arizona, SB 1337 would legalize the production, processing, sale and distribution of industrial hemp for commercial purposes. Under the proposed bill, industrial hemp would be treated as an agricultural crop subject to regulation by the Arizona Department of Agriculture. The bill was brought before the Rules Committee yesterday. If passed, SB1337 moves on to the full Senate for further consideration.\n Industrial hemp advocate and bill sponsor, Senator Borrelli said Arizona is \"missing out on a multi-billion-dollar industry\" because of their self-imposed prohibition on hemp products. According to the Tenth Amendment Center blog article posted 2/15/17, \"SB1337 sets the stage to nullify the federal hemp ban in practice. Arizona could join with other states such as Colorado, Oregon, Maine, Massachusetts, California and Vermont, and many others, that have simply ignored federal prohibition and legalized industrial hemp production within their state borders, by rejecting any need for federal approval.\"\n Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP) said, \"What we're seeing here is the rippling effect of industrial hemp reclaiming its rightful place in America, state by state. Industrial hemp can improve the economy and agricultural vitality of a state, thus the demand for this environmentally friendly natural fiber continues to increase. I agree 100% with Senator Borrelli that Arizona is missing out on this billion-dollar industry due to their self-imposed prohibition on hemp.\" Perlowin went on to say, \"For the last 3 years, I've been planning for the legalization of hemp in Arizona by building Hemp Growing Veteran Village Kins Communities on 500 of our 4,500 acres in Arizona, north of Kingman...