LAS VEGAS, July 18, 2013 /PRNewswire/ — Hemp, Inc. (OTC: HEMP) a leader in the industrial hemp industry and the first industrial hemp publicly traded company, feels it is necessary to inform and educate shareholders, and others who may be misinformed, on the difference between Industrial Hemp and marijuana. It is important to note that Industrial Hemp products are completely legal for consumers to purchase in the United States. Marijuana, while medically legal in many states and recreationally legal in Colorado and Washington, is deemed illegal on the Federal level, and consumers in States that do not recognize medical marijuana may face prosecution for purchasing or possessing marijuana. To clarify, the Hemp products such as Hemp Milk, Hemp Cereal, and Hemp Oil that American consumers nationwide are increasingly purchasing every day, are obviously, legal.
Hemp, Inc. focuses strictly on Industrial Hemp products since it is allowed to market in all fifty states and worldwide without any ambivalence between state and Federal laws. By getting a foothold in, what many see as the next American Industrial Revolution, the Industrial Hemp industry, Hemp, Inc. (the only publicly traded company of its kind and in its sector) will continue to be the Avant-garde of every category of Industrial Hemp products.
The major market for Hemp is as a food or supplement as it is rich in protein, Omega fatty acids and has a high fiber content. Costco carries hemp seeds, and Natural Grocers and Whole Foods Market stock many brands of Hemp food products and supplements. The clothing industry has targeted Hemp as a provocative niche market fabric. High fashion designers Ralph Lauren and Versace make apparel from Hemp blended fabric. Footwear giants Vans and Adidas make Hemp sneakers. Trendy companies market hemp T-shirts, hats, jewelry, backpacks, even pet beds and leashes. Auto manufacturers use durable, green Hemp composites and fabrics when feasible. Industrial Hemp can also be used for building materials, plant based plastics, and paper products.
Industrial Hemp is cultivated much differently than marijuana. Marijuana is used solely for its medical and psychoactive aspects, and growers strive for a high THC content, although recent developments in Israel indicate that medical researchers are more interested in the medicinal value of its CBD content. Hemp, on the other hand, has a low THC content. The main difference in cultivation between marijuana and Industrial Hemp is that in cultivating marijuana, the plants are spaced far apart, and the male plants are destroyed to assure that they cannot seed the female plants, which would result in undesirable, less potent and less marketable, seeded marijuana buds. Hemp, on the other hand, is planted close together and commonly hermaphrodites, which creates an abundance of seeds, the main component of Hemp foods and supplements. The Hemp stalks are processed and used for fiber, composite, and other hemp based end products.
Industrial Hemp has long been known for its versatility, durability, sustainability, and high-quality. Industrial Hemp grows quickly, in just about any climate and doesn’t require pesticides, while simultaneously removing toxins found in soil. Industrial Hemp has been used for over 12,000 years and was once the primary fiber used to produce rope, paper, canvas, and clothing in the United States and Europe.
Hemp was vilified then outlawed in the United States because of its connection to marijuana. While it is currently illegal Federally to grow industrial hemp plants in the U.S, countries including China, Canada, Australia, New Zealand and England allow cultivation, and we can now reap Hemp’s many benefits.
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. By Hemp, Inc. 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.