Green Concepts, Inc. Announces Its Entrance Into the Burgeoning
Hemp Industry With Website Designed to Be the Center of the Hemp
World
NEW YORK, NY--(Marketwired - Feb 10, 2014) - Greene Concepts,
Inc. (OTC Pink: LKEN) announced today that it has entered the
exploding hemp industry, with the upcoming launch of a hemp-centric
website. Through its cutting edge website, LKEN will promote
its lines of hemp-based ink, hemp paper and other related
products. Its new website, which will deploy fully integrated
multi-platform content and content marketing management software
and facilitate B2B and B2C hemp transactions will be open to
hemp-related products and services from businesses, industry
experts, growers, users and more.
Lenny Greene, LKEN's CEO, stated, "We are extremely excited
about our move into the hemp industry, a move that has been
carefully planned over the past year and recently picked up
additional momentum as it became increasingly apparent that the
Farm Bill, which was signed into law by the President last Friday,
would actually become law after four years of Congressional
haggling. We believe the provisions that bring the reality of
the legalization of industrial hemp production into view will serve
as a boon to the hemp industry immediately, as well in the long
term. And, it goes without saying, almost, that our efforts
within the hemp industry will get a significant boost from the
exploding medical marijuana and adult use marijuana markets, both
current and future." Mr. Greene further stated that LKEN's
move into a "green" industry provides a significant opportunity to
grow the company's revenue base through sales of hemp-based ink and
hemp paper, as well as many other hemp related products and,
indeed, web-related revenues also.
To demonstrate the historical use of hemp in the U.S.,
Washington State Senator Jeanne Kohl-Welles, D-Seattle, notes "Even
the Declaration of Independence was written on hemp paper."
Source -
http://seattletimes.com/html/localnews/2022858137_washingtonhempxml.html
Mr. Greene adds, "Involvement in the industrial hemp industry
supports LKEN's company goals of revenue growth, increased
distribution networks, and web/social media presence, and also
helps us introduce new and exciting products to the masses."
Source -
http://inkwayusa.com/Greene%20Concepts%20Newsletter%20%20Vol.%201%20%20Issue%201.pdf
Details About the Hemp Industry and Hemp Products:
Hemp is among the oldest industries on the planet, going back
more than 10,000 years to the beginnings of
pottery. Industrial hemp comes from the cannabis plant. The
hemp plant has thousands of positive industrial uses to include
biofuels, biodegradable plastics, clothing, beauty products, food,
rope, canvas, paints, paper, fiberboard, cement blocks, and
cellophane. Hemp is the longest and strongest natural fiber known
to man. It also provides a sustainable, renewable, and natural
alternative to toxic fossil fuels and helps contribute to the
rejuvenation of our atmospheric air quality.
Sources - http://www.truthabouthemp.org/
Details of the Farm Bill
The Agricultural Act of 2014 (Farm Bill) is important
legislation that provides authorization for services and programs
that impact every American and millions of people around the world.
The Farm Bill builds on historic economic gains in rural America
over the past five years, while achieving meaningful reform and
billions of dollars in savings for the taxpayer. President
Barack Obama signed the $956 billion farm bill into law on Friday,
February 7, 2014. The president noted that the law supports
not only farmers and ranchers but poor families on food stamps,
researchers working on biofuels, and businesses developing and
exporting new products from rural America.
The final 2014 Farm Bill agreement included a provision that
would allow institutions of higher education and state departments
of agriculture to grow or cultivate industrial hemp for research
purposes. This is allowed only for states where industrial hemp
farming is already legal under state law.
It also requires that the sites used by universities and
agriculture department be certified by -- and registered with --
the state department of agriculture. This provision will allow
universities and agricultural departments to study industrial hemp
for its possible future use as a commercial product.
States such as: California, Colorado, Kentucky, Maine, Montana,
North Dakota, and Vermont which currently have laws to promote the
growth and marketing of industrialized hemp. Thirteen other
states have introduced or carried over industrial hemp legislation
to include: Arizona, Hawaii, Indiana, Mississippi, Nebraska, New
Jersey (carried over from 2013), New York, Oklahoma, South
Carolina, Tennessee, Washington (two bills carried over from 2013),
West Virginia and Wisconsin.
Sources -
http://www.ncsl.org/research/agriculture-and-rural-development/state-industrial-hemp-statutes.aspx, http://www.votehemp.com/federal.html#FarmBill,
http://www.usda.gov/wps/portal/usda/usdahome?navid=farmbill,
http://news.yahoo.com/obama-signs-sprawling-farm-bill-lauds-rural-progress-214914343--sector.html,
http://www.usatoday.com/story/theoval/2014/02/07/obama-farm-bill-east-lansing-michigan/5275395/,
http://news.yahoo.com/president-obama-signs-farm-bill-amendment-allow-industrial-201900619.html;_ylt=A0LEVyGRvPZSST0A_tpXNyoA;_ylu=X3oDMTEzNm5xc3N0BHNlYwNzcgRwb3MDMgRjb2xvA2JmMQR2dGlkA1ZJUDM0M18x
About Greene Concepts, Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is an ink
technology Manufacturing and Distribution Company headquartered in
Fresno, CA. Chairman and Founder Lenny Greene has spent the past 30
years serving the printing needs of businesses and consumers.
Greene Concepts intends to be the catalyst for the introduction of
a number of innovative products and marketing strategies, including
its announced hemp-centric website, and to bring the world the best
products at the lowest prices so consumers and business can save
time, save money, print more and print better.
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AccuBrite, Inc. (http://accubrite.com/) creator of
FreeInk4Life™, Refills4You™, INKWAY USA™ and INK-Telligence™ has
developed a family of 25 "Do It Yourself Ink Cartridge Refilling
Systems." All refilling tools, accessories, filling stations,
interactive CD-Rom instruction manual including bonus software,
24/7 customer service / tech support and unlimited ink refills are
available. Consumers can now save thousands of dollars annually
without replacing their inkjet cartridges using ABI's top of the
line refill kits. AccuBrite, Inc. is the manufacturing arm of
Greene Concepts, Inc.
INKWAY USA (http://www.inkwayusa.com/) is a consumer direct
marketing ink and toner technology Distribution Company. We market
and sell over 1000 advanced and exceptional proprietary ink and
toner "Do It Yourself" Refilling Systems and other products for all
inkjet and toner cartridges. Marketing, sales, and fulfillment for
retail products are coordinated at its offices in Fresno, CA.
Consumers and businesses save thousands of dollars annually buying
our products. INKWAY USA will also compete in the global market
place by marketing and signing distributors in Europe, The Pacific
Rim, and Asia. INKWAY USA is now ready to grow exponentially with
their soon-to-be released proprietary Synergy Distributor Program
(SDP) and take a large stake in the over $70 billion per year ink
and toner industry through an unparalleled, innovative marketing
strategy that utilizes virtually no competition -- all while
offering unmatched cost savings and product quality for individual
ink and toner consumers and large businesses alike.
Safe Harbor: This Press Release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements are based on the current plans and
expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the
company's current plans and expectations, as well as future results
of operations and financial condition. A more extensive listing of
risks and factors that may affect the company's business prospects
and cause actual results to differ materially from those described
in the forward-looking statements can be found in the reports and
other documents filed by the company with the Securities and
Exchange Commission and OTC Markets, Inc. OTC Disclosure and News
Service. The company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACT: Greene Concepts, Inc. Investor Relations Shaun
Kohlmeier 559-426-LKEN (5536)
Greene Concepts (PK) (USOTC:INKW)
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