Business
Louisiana May Soon Grow Industrial Hemp
Louisiana May Soon Grow Industrial Hemp.
About this update from Hemp, Inc.
[{"type":"text","content":"\n \n \n Louisiana May Soon Grow Industrial Hemp\n \n \nLouisiana May Soon Grow Industrial Hemp\n \n LAS VEGAS, NV--(Marketwired - Apr 21, 2016) - Hemp, Inc. (OTC PINK: HEMP) executives are pleased to announce that Louisiana's House Agriculture Committee has recently approved two bills to the House floor, HB1085 and HB1099. House bill 1085, sponsored by Representative Jack Montoucet, authorizes institutions of higher education to develop a pilot program to study the growth, cultivation or marketing of industrial hemp for agricultural or academic research. If passed, the bills would allow universities in the state to research the use of the fiber from the hemp plant for use in textiles and other industries and growing marijuana for medicinal use.\n Craig Perlowin, Secretary of Hemp, Inc. commented, \"This is a big step for Louisiana. With each favorable industrial hemp legislation passed, it is evident to me, that the United States federal government can no longer bridle the demand for this economical and sustainable crop which was once key to our nation's development, wealth and defense. Hemp, Inc. is in an ideal position. We are close to finishing America's largest (and only) commercial-sized, hemp processing facility which will have the capability and capacity to process hemp in very large quantities. We just installed our massive 60-ft tall steel silo at our facility after being delayed weeks due to excessive rain. However, the 60-foot silo and concrete foundation are now completed, as nothing can stop the industrial hemp revolution.\"\n To see the video of America's largest hemp processing facility (70,000 square feet under roof, on 9 acres) and 60-foot silo installation, click here.\n Louisiana's second bill, HB1099 sponsored by Major Thibaut, would \"legalize and set up a system for the production and distribution of medical marijuana,\" allowing Louisiana State University Agricultural Center and Southern University Agriculture Center first rights to grow marijuana. According to reports, \"production would be under the watchful eye of the Department of Agriculture and Forestry,\" and, \"the bill would ideally offer a solution for patients legally prescribed marijuana in Louisiana but unable to obtain the drug.\"\n To see the video of America's largest hemp processing facility (70,000 square feet un...