Las Vegas, NV — November 4, 2012 — Over the past 3 weeks, the top 3 marijuana stock companies (Hemp, Inc. (PINKSHEETS: HEMP), GrowLife, Inc. (PINKSHEETS: PHOT) and Medical Marijuana, Inc.) otherwise known as the “Tremendous Trio” have seen significant growth. From October 15 to November 2, 2012 Hemp, Inc. (PINKSHEETS: HEMP) is up 188.5%; Grow Life, Inc. is up 111.6%; and, Medical Marijuana, Inc. is up 70.5%. All three of them appear to have had their largest volume trading days in their companies histories during this same period.
The tremendous growth curve is in direct alignment with the Presidential elections. Bruce Perlowin, CEO of Hemp, Inc. (PINKSHEETS: HEMP) had predicted the rise of stock value a few months ago, some of which stemmed from his company’s growth spurt of 480% – 2 years ago, 2 weeks before California voters were to vote on Prop 19 for legalizing marijuana.
Perlowin reflected on the new, now solidly stable and fastest growing industry. “When I started the first marijuana publicly traded company, Medical Marijuana, Inc., we were the lone wolf that somewhat shocked the marketplace. Today, almost 4 years later, there are over 15 companies in this sector that are public. With the incredible performance over the last three weeks, the Tremendous Trio, especially in relationship to the Traditional Trio (S&P, Dow and Nasdaq) who were down below zero, while our new emerging industry are all creating record climbs in growth, and record volumes being set in all three companies.”
The Tremendous Trio currently represents what stock market analysts call a classic bull market, whereby stock prices as a whole move upward for a prolonged period of time. The rate at which those gains occur can vary widely from bull market to bull market. The duration of a bull market, the severity of the falling market that follows, and the time that elapses until the next upturn are also different each time. However, according to Perlowin, this could simply be the beginning of a long-term solid upward trend, as the odds are in our favor.” The cumulative chart below illustrates, what Stockcharts.com calls a “classic textbook bull flag pattern.”
“I foresee another spike after the elections, because there are too many states voting for legalization. Even if a few states pass, it will clearly show the market that this industry has just made a quantum leap forward… approaching that tipping point where this industry experiences an explosive, exponential growth curve. The millions of shares traded in each company of the Tremendous Trio clearly indicate that the investment community sees this industry is here to stay and that they want in at the beginning of the next growth curve that any victory in any of the states the elections will bring us,” says Perlowin. “Who did you say is running for President?” asks Perlowin.
“Bruce Perlowin is an interesting character. Very philanthropic. His journey reminds me of the ‘Catch Me If You Can’ movie,” says David Tobias, President of Hemp, Inc. (PINKSHEETS: HEMP).
Perlowin donates to Dr. Patch Adams’ of Gesundheit! Institute who is building a 50 million dollar, free children’s hospital in West Virginia. The institute is a not-for-profit health care organization and is a project in holistic medical care based on the belief that one cannot separate the health of the individual from the health of the family, the community, the world, and the health care system itself (see www.PatchAdams.org). Other efforts Perlowin donates prolifically to include the Cash Hyde Foundation Fundraiser with Tommy Chong (www.CashHydeFoundation.com); The CanDo Kids Project (www.CanDoProject.com); C Bar J Horsehaven Rescue, in Dolan Springs, Arizona (www.cbarjrescue.wetpaint.com); Spread Peace USA – Feeding the Homeless (www.facebook.com/spreadpeaceusa); Keepers of the Wild, to build an 1,800 acre animal sanctuary on 4,000 acres in Dolan Springs, Arizona (www.KeepersOfTheWild.org); and, the Seva Foundation to be fully human, we must translate our compassion and concern into useful service (www.seva.org).
As one of the largest publicly-traded companies of hemp stocks in the US, by market capitalization, Hemp, Inc. has been dousing the industrial hemp market with hemp-based products proven to increase the body’s overall health and performance. The company boasts HerbaGenix™ nutraceuticals (www.herbagenix.com); BasicHemp (www.basichemp.com), their hemp protein shakes brand; and, custom-branded MJ Lover for Him and MJ Lover for Her (www.mjlover.com) and Re-Load Hemp nutraceuticals (www.re-load.biz) which is derived from a blend of organic nutrients, herbs, and vitamins including hemp extract (0.00% THC) and AFA blue-green algae which is known for its healthful effects.
ABOUT HEMP, INC.
Hemp, Inc. (OTC: HEMP) focuses on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry. Hemp, Inc. (OTC: HEMP) is not involved in the cultivation or marketing of medical marijuana. It is the company’s belief that legalization of hemp in all 50 states and at the federal level will come to pass. With that in mind, the company is building infrastructure with the potential to gain substantial market share before and after industrial hemp prohibition ends. (Pending any federal licensing or other requirements, that may be enacted after hemp prohibition ends).
HEMP, INC.’s TRIPLE BOTTOM LINE
Hemp, Inc. (OTC: HEMP) seeks to benefit many constituencies, not exploit or endanger any group of them. Thus, the publicly-traded company believes in “upstreaming” of a portion of profit from the marketing of their finished hemp goods back to its originator, in which most cases will one day be the American farmer, cultivating natural, sustainable products. By Hemp, Inc. (OTC: HEMP) focusing on comprehensive investment results—that is, with respect to performance along the interrelated dimensions of people, planet, and profits— our triple bottom line approach can be an important tool to support sustainability goals.
CEO of Hemp, Inc. (OTC: HEMP), Bruce Perlowin, is positioning the company as a leader in the industrial hemp industry, with a social and environmental mission at its core. In fact, he wanted to, consciously, found a business with non-financial goals that weren’t an after-thought, but are part of its DNA.
CONTACT: Phone: 1-877-221-8351 Email: firstname.lastname@example.org http://www.hemp.com (Hemp, Inc.) http://www.hempincnews.com (Hemp, Inc. News) http://www.herbagenix.com (Hemp-Based Supplements Division) http://www.basichemp.com (Hemp Protein with Enhanced Nutritionals) http://www.mjlover.com (MJ LOVER for Him; MJ LOVER for Her) http://www.re-load.biz (Hemp-Based Nutraceuticals) http://www.ecoharmonycards.com (Loyalty Card Sustainable Fundraiser for Non-Profits) http://www.supportpatchadams.com (Hemp Gemstone Candles and Fundraiser for Patch Adams) http://www.hempinc.tv (Media and Entertainment Division)
SOCIAL NETWORKS: http://www.twitter.com/marijuanainc http://www.twitter.com/bruceperlowin (CEO Tweets)
http://www.facebook.com/bruceperlowin (CEO Fan Page)
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Hemp, Inc. to be materially different from the statements made herein.