Business
North Cal Wood Products Set to Enter Industrial Hemp Industry With Market Research and Pilot Project Aimed at Aquatic Cultivation
North Cal Wood Products Set to Enter Industrial Hemp Industry With Market Research and Pilot Project Aimed at Aquatic Cultivation.
About this update from Hollund Industrial Marine Inc
[{"type":"text","content":"\n \n \n North Cal Wood Products Set to Enter Industrial Hemp Industry With Market Research and Pilot Project Aimed at Aquatic Cultivation\n \n \nNorth Cal Wood Products Set to Enter Industrial Hemp Industry With Market Research and Pilot Project Aimed at Aquatic Cultivation\n\nU.S. Farm Bill Legalizing Hemp Production for Research Purposes Gives Way for North Cal to Leverage Its Expertise and Network in Wood Processing, Aquaculture and Biodynamic Farming\n\n \n UKIAH, CA--(Marketwired - Mar 19, 2014) - North Cal Wood Products, Inc. (\"North Cal\" or the \"Company\"), The Premier Reclaimed Woods Company, announced today that it plans to enter the Industrial Hemp Industry to capitalize on opportunities and relationships it has established in this sector. \n North Cal also announced that Hemp, Inc. (PINKSHEETS: HEMP) has joined with North Cal's team to conduct a Hemp Market Research Study aimed at launching a Pilot Project in California. The project, if successful, would cultivate organic hemp in aquaponic systems applying new aquaculture and biodynamic farming practices for the purposes of studying hemp growth in a controlled, symbiotic environment.\n \"With the passage of the U.S. Farm Bill in 2014, we are exploring a variety of industrial hemp product applications for Construction, Value Added Processing, and Consumer segments,\" stated Frank Van Vranken, President and CEO of North Cal. \"North Cal's vision is to become a diversified manufacturer of industrial hemp-based products.\"\n \"Hemp, Inc. has been evaluating the wood products industry for the past several years,\" said Bruce Perlowin, CEO of Hemp, Inc. \"Our vast resource of companies that produce hemp products and close industry relationships are second-to-none and we look forward to working with North Cal Wood Products to further their research objectives and ultimately to help propel them into this rapidly emerging industry.\"\n Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) (\"Hollund\"), an underwater forest management company, will also participate with North Cal in its market research.\n \"We at Hollund are committed to environmental protection through our development of abandoned rainforests submerged in reservoirs, lakes and rivers around the world,\" stated Peter Meier, President of Hollund. \"At the same time, we are intrigued by hemp as a fiber and...