Hemp, Inc. Applauds California Democratic Party for Supporting the Legalization of Marijuana
March 11 2014 - 11:49AM
Hemp, Inc. (OTC:HEMP) applauded California's Democratic Party as it
voted on March 8, 2014 to support legalizing marijuana for
recreational use, parallel to Colorado and Washington states.
According to The Los Angeles Times, the state's Democrats added
marijuana legalization to their platform, in a near-unanimous vote,
and officially "supports the legalization, regulation and taxation
of marijuana, in a manner similar to that of tobacco or alcohol."
While a near-unanimous vote, the support came as a soft shock to
most considering Governor Jerry Brown "expressed reluctance to
legalize marijuana on NBC's 'Meet The Press,' saying, 'I think we
need to stay alert, if not 24 hours a day, more than some of the
potheads might be able to put together.'"
Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP) opined, "California
has always been considered the chieftain of states, being the first
state to establish a medical marijuana program that was enacted by
the Compassionate Use Act of 1996, otherwise known as Proposition
215. Not to mention Senate Bill 420 in 2003. So California was way
overdue." Lt. Governor Gavin Newsom "gave an impassioned plea
to Democratic delegates for full-scale recreational legalization at
the convention" citing, "It's time for all of us to step up and
step in and lead once again in California, just as we did in
1996."
The Industrial Hemp and Medical Marijuana Industry, and its
public companies therein, is becoming widely recognized for its
environmental impact and business practices. According to
Perlowin's son, Aubree Arias, CEO of Compassion Capitol, LLC, his
father has, "made great strides in unifying and educating the
public about the hemp industry. Before my father took Medical
Marijuana, Inc. public, there were no publicly traded corporations
in this arena. He had the courage to be a pioneer and risk bringing
Medical Marijuana, Inc. into the public equities market. Taking on
the stigma associated with hemp has not been an easy road, but he
has paved the way, and we are seeing the fruits of that with over a
dozen publicly traded entities in this sector. Now we are poised to
have Hemp, Inc. (http://www.hempinc.com) become the 'Amazon' of the
hemp world, as we expect rapid growth in the industry."
"It's gratifying to see the concept and company that I founded
soar to new heights as this industry gets more national media
recognition. Although I have moved on to another venture
(Industrial Hemp) in the same industry, I am proud that my legacy
is provoking worldwide interest," Perlowin stated.
CNN's Chief Medical Correspondent, Dr. Sanjay Gupta has
also expressed his support of medical marijuana and will premiere
the second installment of his documentary, called "Cannabis
Madness," tonight. In tonight's part two of his documentary,
Dr. Gupta plans to take a close look at the federal laws that
classify marijuana as one of "the most dangerous" drugs available,
"with no currently accepted medical use."
It seems the media has a huge appetite for more insight into the
Industrial Hemp and Medical Marijuana industries. Bloomberg TV
recently featured Bruce Perlowin, CEO of Hemp, Inc. (OTC:HEMP) in
which Perlowin discussed longtime misconceptions of the industrial
plant; the Federal government's reluctance on full legality for
industrial hemp; the direction of the industrial hemp industry
after passing of the 2014 Farm Bill and its economic benefits; and,
Hemp, Inc.'s role and contribution to the
industry. Yesterday's Forbes article, "The First Pot Stock
Billionaire Says His Penny Stock Could Be A Little High", also
highlighted Perlowin's Bloomberg interview.
This new wave of activity in the Industrial Hemp and Medical
Marijuana industries has been keeping Hemp, Inc.'s (OTC:HEMP)
subsidiary, The Industrial Hemp and Medical Marijuana Consulting
Company, Inc. (IHMMCC), quite busy. According to Perlowin,
it's because, "The Industrial Hemp and Medical Marijuana
Consulting Company is the best 'connected' consulting company in
the industry, since we were the ones that started the sector and
have been there since the very beginning." IHMMCC specializes in
helping other public companies move into the medical marijuana,
recreational marijuana and industrial hemp industries by finding
new products and services and channels of distribution that fit
within these industries.
CONTACT: phone:1-855-HEMPOUT
email:info@hempincsupport.com
http://www.hempinc.com
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