Business
Hemp, Inc. Reports: Wisconsin on Track to Legalize Industrial Hemp
Hemp, Inc. Reports: Wisconsin on Track to Legalize Industrial Hemp.
About this update from Hemp, Inc.
[{"type":"text","content":"\n \n \n Hemp, Inc. Reports: Wisconsin on Track to Legalize Industrial Hemp\n \n \nHemp, Inc. Reports: Wisconsin on Track to Legalize Industrial Hemp\n \n SPRING HOPE, NC--(Marketwired - Feb 26, 2017) - \"With the succession of states legalizing or on track for legalizing industrial hemp, the industrial hemp industry in America is rapidly reaching a tipping point,\" says Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP). For the past four days, Hemp, Inc. has reported on a series of states that are on track to legalizing industrial hemp -- Arizona, New Mexico, Alaska, and South Dakota. Wisconsin joins that list today with hopes of reinvigorating their state's agriculture sector.\n So what is making industrial hemp so important to Americans and so important to states that they are willing to simply ignore a federal ban now? As the uninformed become informed on the difference between hemp and marijuana and the fog of ignorance dissipates, a miracle crop stands in clear sight as ways to help the economy and expand sources of revenue are sought.\n \"Industrial hemp has absolutely no recreational applications. It only has medical and industrial applications. Sorry, you can't get high on hemp. If there is any federal pushback against recreational marijuana, this would not affect industrial hemp or Hemp, Inc.,\" said Bruce Perlowin, CEO of Hemp, Inc. (OTC PINK: HEMP).\n In fact, Wisconsin lawmaker, Representative Jesse Kremer recently issued the following statement from his office on February 23, 2017: \"I am really excited to have had the opportunity to educate myself on this topic over the past six months. The 59th Assembly District has a rich history of agricultural hemp production in the first half of the 20th century and processed industrial hemp in Hartford for the war department. Today, the future is bright for this commodity -- new jobs, increased tax revenue, brand new tech industries and agricultural growth.\"\n Now, Rep. Kremer hopes to bring industrial hemp back as a farm commodity and has been meeting with various state agencies and farm groups to provide growers an opportunity to grow the crop for profit. According to the State of Wisconsin Legislature, this bill requires the Wisconsin Department of Agriculture, Trade and Consumer Protection to issue licenses that authorize the gro...