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Hemp, Inc. Recognized by Financial News Source TheStreet as Hemp Legalization Bill Gains Momentum
Hemp, Inc. Recognized by Financial News Source TheStreet as Hemp Legalization Bill Gains Momentum.
About this update from Hq Global Education Inc
[{"type":"text","content":"\nSpring Hope, North Carolina, May 08, 2018 (GLOBE NEWSWIRE) -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today that the Company was recognized by financial news outlet TheStreet. The article “How to Invest in Cannabis – In Its Many Forms” published on May 7, 2018, follows recent news that Minority Leader Chuck Schumer (D-NY) announced that he is signing on as a cosponsor of a hemp legalization bill introduced last month by Majority Leader Mitch McConnell (R-KY).\n “If you want to invest directly in the production of cannabis, there's actually a way to do that,” writes TheStreet. “Hemp Inc. (HEMP) has been around since 2008 and seeks to be a one-stop shop for hemp production. Growing it, extracting ingredients from it, fiber processing, even selling products made for the maintenance of hemp. If [the bill legalizing hemp] passes, a company like Hemp Inc. that had been there this whole time working in states with their own laws would probably have an advantage against the competition.” Hemp, Inc. previously announced that the Company applauded McConnell for introducing The Hemp Farming Act of 2018 that would remove industrial hemp from the federal government’s schedule of controlled substances. In a publicly released statement McConnell said, “Hemp has played a foundational role in Kentucky’s agricultural heritage, and I believe that it can be an important part of our future.” TheStreet’s article featuring Hemp, Inc. also follows the Company’s announcement of its signed consulting agreement with HQ Global Education, Inc. (OTC:HQGE), a scientific research development company. Per the agreement, Hemp, Inc. will provide consulting services in an effort to help HQ Global Education, Inc. expand into the hemp cannabidiol (CBD) industry, which is projected to be a billion-dollar market in just three years, according to a report by Brightfield Group. In addition, Hemp, Inc. announced on May 1, 2018, that the Company encourages large scale companies to secure their hemp biomass now before Hemp, Inc.’s supply runs out. Hemp, Inc.’s sale price for interested entities will be the market price at the time of harvest. &#...