Hemp, Inc. Applauds Alaska House Vote to Legalize Industrial Hemp

Spring Hope, North Carolina, Feb. 22, 2018 -- Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest hemp mill in the western hemisphere, announced today that the Company applauds the Alaska House of Representatives for unanimously passing Senate Bill 6 Monday, legalizing industrial hemp and establishing a pilot program for its growth and production. The bill was passed with a vote of 36-0.

SB-6 is “an Act relating to the regulation and production of industrial hemp; relating to industrial hemp pilot programs; providing that industrial hemp is not included in the definition of 'marijuana'; providing that cannabidiol oil is not included in the definition of 'hashish oil'; clarifying that adding industrial hemp to food does not create an adulterated food product; and providing for an effective date,” according to Alaska State Legislation’s website.

Hemp, Inc. and wholly-owned subsidiary Industrial Hemp Manufacturing, LLC have been on the frontlines of advocating for and assisting with legislation that supports the hemp industry nationwide, including in Alaska. Industrial Hemp Manufacturing Regional Sales Manager Jack Bennett recently spoke with CBS-affiliated KTVA regarding the industry’s support for SB.

“Our team has been instrumental in advocating for legislation that will allow hemp farming, manufacturing, and production to flourish nationwide,” said David Schmitt, COO, Industrial Hemp Manufacturing, LLC. “We dedicate countless hours to working with lawmakers and policy influencers to educate them about the benefits of hemp for the U.S. economy as well as provide valuable input on the drafting of legislation to ensure the long-term success of these programs.”

Next, SB-6 will go to the Senate for a vote.

To view the KTVA news clip, click here.

ABOUT HEMP, INC.

With a deep-rooted social and environmental mission at its core, Hemp, Inc. seeks to build a business constituency for the American small farmer, the American veteran, and other groups experiencing the ever-increasing disparity between tapering income and soaring expenses. As a leader in the industrial hemp industry with ownership of the largest commercial multi-purpose industrial hemp processing facility in North America, Hemp, Inc. believes there can be tangible benefits reaped from adhering to a corporate social responsibility plan.

SOCIAL NETWORKS:

http://www.twitter.com/hempinc (Twitter)

http://www.facebook.com/hempinc (Facebook)

https://www.facebook.com/KingOfPot (Bruce Perlowin’s Facebook Page)

https://www.facebook.com/TheHempUniversity/ (The Hemp University's Facebook Page)

http://investorshangout.com/Hemp-Inc-HEMP-87248/ (Investors Hangout)

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