marijuana stocks

Hemp, Inc. Reports: Alaska on Track to Legalize Industrial Hemp

Bruce Perlowin, CEO of Hemp, Inc. ( OTC PINK : HEMP ), said, “There have been previous legislative attempts to legalize hemp in Alaska. While met with disinterest then, I believe there’s a strong possibility this industrial hemp bill will pass now. Alaskans are aware of the need to diversify their state’s economy. This is all part of the rippling effect I mentioned yesterday and the day before yesterday: Arizona, New Mexico, and now Alaska is on its way to legalization. It’s time for hemp to make its rightful return to the American landscape. Which state is next?”

To see the most recent video of the mill being completed, click here. 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.

During the committee hearing, Program Manager Rob Carter of Alaska Division of Agriculture said the division “sees great potential in industrial hemp, particularly as a forage crop for livestock.” While Alaska was the 3rd state to legalize recreational marijuana in 2015, it is not ahead of the curve with industrial hemp which can be used for a wide range of products, including fibers, construction, food, paper, insulation materials, textiles, cosmetic products, and beverages, to name a few, and is estimated to be used in more than twenty-five thousand products spanning nine markets (agriculture, textiles, recycling, automotive, furniture, food/nutrition/beverages, paper, construction materials and personal care).

Hemp, Inc.’s “Hemp Ambassador to Alaska” and home builder, Jack Bennett of Homer, Alaska, has been building a model home and sourcing building materials made from hemp from the Netherlands. He’s committed to helping the industry grow. During an interview, he said, “Alaska is said to be in a fiscal crisis, but it’s a positive, it’s our opportunity. It’s our generation that gets to fix it. And hemp might not be the solution, but it’s a solution.”

Bennett has made numerous in roads with the state of Alaska, oil companies in Alaska and other companies interested in buying Hemp, Inc.’s oil absorbent, Spill-Be-Gone™ and LCMs (lost circulation materials) being produced in Spring Hope, NC. The interest was so great that David Schmitt, COO of Hemp, Inc.’s wholly owned subsidiary, Industrial Hemp Manufacturing, LLC flew to Alaska several months ago to meet with large potential purchasers of Hemp, Inc.’s products. Schmitt said, “We are confident these meetings and Jack’s long hard persistent efforts will pay off by producing a nice sized sales channel for Hemp, Inc.’s sales products.” Visit www.iHempMan.com.

 To see the most recent video of the mill being completed, click here. 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.

The legislation will go to the Senate Finance Committee next, pending referral from Senate Judiciary. Having been called a miracle crop by many in the farming industry, Alaskans are hopeful SB6 will pass the senate and the house. More and more state legislatures are taking action to promote industrial hemp as an agricultural commodity. “It’s time for Alaska to join those ranks,” said Perlowin.

As more states legalize industrial hemp, more opportunities become available for Hemp, Inc. to process the raw hemp. Hemp, Inc.’s commercial, large scale, 70,000 square foot industrial hemp processing facility, on 9 acres of land in Spring Hope, North Carolina is the only one of this magnitude in North America. The milling portion of Hemp, Inc.’s industrial hemp processing facility has just been completed which strategically expands the company’s worldwide industrial base for producing hemp-based products. Hemp, Inc.’s industrial hemp processing facility is bound to become the mecca of this new clean green agricultural and industrial American revolution.


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
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