Hollund Dives Deeper Into Industrial Hemp -- Signs Consulting Deal With Hemp, Inc.
March 24 2014 - 8:37AM
Marketwired
Hollund Dives Deeper Into Industrial Hemp -- Signs Consulting Deal
With Hemp, Inc.
On Strength of Strategic Partnerships, HIMR Targets Major Hydro
Dam Building Nations With Growing Hemp Industry
BLAINE, WA--(Marketwired - Mar 24, 2014) - Hollund Industrial
Marine, Inc. (PINKSHEETS: HIMR) ("Hollund"), an underwater forest
management company, announced today that the company has signed a
consulting agreement with The Industrial Hemp and Medical Marijuana
Consulting Company, Inc. ("IHMMCC"), a wholly-owned subsidiary of
HEMP, Inc. (PINKSHEETS: HEMP).
"Discussions with North Cal revealed a way in which we could
maximize the value of our underwater timber projects, by
incorporating industrial hemp fibers into the production process,"
stated Peter Meier, President of Hollund. "By combining wood waste,
which would otherwise end up in landfills, with industrial hemp,
promises to have a positive impact on the environment; partly by
helping to reduce carbon emissions."
Management engaged IHMMCC solely for consulting on industrial
hemp related endeavors. IHMMCC will advise Hollund on a market
strategy focusing on nations with progressive legislation on hemp
cultivation, that also have viable underwater timber projects --
such as France, Canada and China. Executives view industrial
hemp as being a next frontier, sustainable industry, much like
underwater timber, which remains the company's core business and
primary focus.
Mr. Meier concluded, "Both HEMP and North Cal Wood Products are
industry leaders and product innovators. We are excited to
have them both as contributors to our growing team as we dive even
deeper into these two multi-billion dollar industries."
About Hemp, Inc.
Hemp, Inc. (PINKSHEETS: HEMP) focuses on the vast market created by
the growing, multibillion dollar industrial hemp industry and
strives to be the most diversified company in the sector. Hemp,
Inc. (PINKSHEETS: HEMP) is not currently involved in the
cultivation or marketing of medical marijuana. It is the company's
belief that legalization of Industrial Hemp in all 50 states (which
is now possible with the passage of the 2014 Farm Bill) will come
to pass. With that in mind, the company continues to build
infrastructure with the potential to gain substantial market share
before and after Industrial Hemp prohibition totally ends.
About Hollund Industrial Marine, Inc. Headquartered in Blaine,
WA, Hollund Industrial Marine Inc. (PINKSHEETS: HIMR), is an
underwater forest management company which seeks to align the
interests of businesses, communities, utilities and governments by
offering an integrated business model for underwater forest
management. Hollund's model, which includes resource and needs
assessment, permitting, environmental and project planning, logging
and milling, adds value to reservoir communities.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
(the "ACT"). In particular, when used in the preceding discussion,
the words "estimated," "believe," "optimistic," "expect," and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the ACT and are
subject to risks and uncertainties, and actual results could differ
materially from those expressed in forward-looking statements. Such
risks and uncertainties include, but are not limited to,
unfavorable market conditions, increased competition, limited
working capital, and failure to implement business strategies,
actions by regulatory agencies, and other risks.
Contact: For investor relations, Hollund Industrial Marine, Inc.
Email Contact (707) 659-6631
Hollund Industrial Marine (CE) (USOTC:HIMR)
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