Business

Hemp, Inc. Reports: Hawaii Senate Bill 2659 to Be Signed Into Law Today

Hemp, Inc. Reports: Hawaii Senate Bill 2659 to Be Signed Into Law Today.

articleHemp, Inc.July 7, 20165/company/hemp-inc/news/hemp-inc-reports-hawaii-senate-bill-2659-to-be-signed-into-law-today
Hemp, Inc. Reports: Hawaii Senate Bill 2659 to Be Signed Into Law Today

About this update from Hemp, Inc.

[{"type":"text","content":"\n \n \n Hemp, Inc. Reports: Hawaii Senate Bill 2659 to Be Signed Into Law Today\n \n \nHemp, Inc. Reports: Hawaii Senate Bill 2659 to Be Signed Into Law Today\n \n LAS VEGAS, NV--(Marketwired - Jul 7, 2016) - Hemp, Inc. (OTC PINK: HEMP) executives are pleased to announce that Hawaii Governor David Y. Ige will hold a Bill Signing Ceremony for Senate Bill (SB) 2659 today at 2:00pm at the Hawaii State Capital, Governor's Ceremonial Room, Executive Chambers, 5th floor. The Industrial Hemp Bill (SB 2659) establishes an industrial hemp pilot program through the Department of Agriculture which allows the cultivation of industrial hemp and distribution of hemp seed in Hawaii for purposes of agricultural or academic research.\n Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP), said, \"This is another great day in the industrial hemp industry. Another industrial hemp bill is getting signed into law. This continues to prove the hemp revolution is unstoppable and relentless. More and more states are realizing how important hemp is to the American culture with its amazing economic benefits as demand for hemp in the marketplace continues to grow at almost unprecedented rates, and Hemp, Inc. is positioned at the forefront of the industrial hemp industry with the largest commercial decorticating plant in the United States.\"\n Hawaii's Senate Bill 2659 moved through both chambers of the State legislature earlier this year. Not only are states recognizing the benefits of industrial hemp, they are acting on it by passing favorable legislation. The demand for this environmentally friendly natural fiber is increasing by leaps and bounds. Since the 2014 federal Farm Bill was signed into law, industrial hemp has been permitted as a cultivar as long as it is being grown for research purposes, which include growing, cultivation and marketing, under the authority of the state departments of agriculture or universities. Hawaii Rep. Clift Tsuji said he viewed industrial hemp as another alternative means for sustaining agriculture in Hawaii.\n David Schmitt, Chief Operating Officer (COO) of Industrial Hemp Manufacturing, LLC, (IHM) commented, \"This is a victory for not only the hemp industry but for Hemp, Inc. as well. This creates more opportunity for Hemp, Inc. Not only do we have the largest hemp decorticator in America, but we will also be able to ...

More updates from Hemp, Inc.