The upcoming elections are also prompting savvy investors to invest in hemp stock.
Washington, DC (PRWEB) October 09, 2012
Amongst the activists in support of industrial hemp, Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP), the first and only all-hemp, publicly-traded company in US history, has been relentless at arming people with the facts on hemp, in order for them to make more intelligent decisions.
Armed with knowledge, voters in Montana, Colorado, Oregon, Arkansas, Washington and Massachusetts will have the opportunity to flex their muscles and voice their drug war dissent at the ballot box. Industrial hemp bills were specifically introduced this year in Colorado, New Hampshire, New Jersey and New Mexico. More information on the 2012 state legislation can be found on the VoteHemp website. In a nutshell, a YES vote would enact the proposed law eliminating state criminal and civil penalties related to the medical use of marijuana, allowing patients meeting certain conditions to obtain marijuana produced and distributed by new state-regulated centers or, in specific hardship cases, to grow marijuana for their own use, while a NO vote would make no change in existing laws.
Former representative Tom Tancredo and Republican Michael Baumgartner (US Senate) are giving the legalization of marijuana their support. According to Reuters, Baumgartner and Tancredo "could help sway conservative voters."
Forging a path in the industrial hemp industry, while educating consumers on the many uses of industrial hemp, Hemp, Inc. (OTC: HEMP) (http://www.hemp.com), is also producing hemp-based products proven to increase the body's overall health and performance. The company boasts HerbaGenix™ nutraceuticals (http://www.herbagenix.com); BasicHemp (http://www.basichemp.com), their protein shakes brand; and, custom-branded MJ Lover for Him and MJ Lover for Her (http://www.mjlover.com) 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.
Not only has the company been flooding the market with health products, its CEO, Bruce Perlowin is quite the philanthropist, according to inside sources. "Bruce Perlowin is an interesting character. Very philanthropic. His journey reminds me of the 'Catch Me If You Can' movie or an American bad boy gone good," says David Tobias of Hemp, Inc. (OTC: 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 chartered under the Nonprofit Corporation Act of the District of Columbia, 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 http://www.PatchAdams.org). Other efforts in his mission to change the way Americans live, by creating a more natural and sustainable environment, include the Cash Hyde Foundation Fundraiser with Tommy Chong (http://www.CashHydeFoundation.com); The CanDo Kids Project (http://www.CanDoProject.com); C Bar J Horsehaven Rescue (cbarjrescue.wetpaint.com); Spread Peace USA (http://www.facebook.com/spreadpeaceusa); and, Keepers of the Wild (http://www.KeepersOfTheWild.com).
The upcoming election is also prompting savvy investors to invest in solid, substantial companies such as Hemp, Inc. (OTC: HEMP); Rapid Fire Marketing, Inc.; Cannabis Science, Inc.; Medical Marijuana Inc.; and, Grow Life, Inc. (previously Phototron Holdings, Inc.). Two years ago, Prop 19 in California sought to legalize recreational use of marijuana. That caused a feeding frenzy for marijuana company stock from October 11 to 19, 2010. Even Health Sciences Group, that appeared to be out of business during that time, spiked 200% (from .0001 to .0002). The strongest of the companies, Hemp, Inc. (OTC: HEMP), bounced from less than one cent to 4.8 cents in that week, a spike of 473% (from .0085 to 0.487) due to the massive publicity surrounding the marijuana issue. Other spikes included Medical Marijuana, Inc. at 480% (from .02 to .1159); Rapid Fire Marketing at 50% (from .002 to .003); and, Cannabis Science, Inc. at 137% (from .092 to .218). If industrial hemp and medical marijuana are legalized, hemp stock may inevitably go through the roof.