February 11, 2015

Year of Hope for Hemp

Honolulu Civil Beat
Last week, a constituent shared with me a very special February 1938 issue of Popular Mechanics. Inside the tan pages and tattered edges, along with other articles on the cutting edge technologies of its time, is an article on hemp, the “New Billion Dollar Crop.”

With new technologies, it was highly profitable to move ahead in 1938 with the industrial use of hemp. The article states, “[hemp] will displace imports of raw material and manufactured products produced by underpaid [laborers] and it will provide thousands of jobs for American workers throughout the land.”

Seventy-seven years have passed and the full potential for hemp production in the United States has remained dormant. Popular Magazine’s billion dollar estimate in 1938 calculates to $16.3 trillion today. The United States is the largest buyer of hemp worldwide for clothing, food, building materials, and more and imported $36.9 million of hemp products in 2013.  Our demand for hemp only increases over the years and we already have manufacturers that work with unprocessed hemp.
http://www.civilbeat.com/2015/02/year-of-hope-for-hemp/

Senate panel advances bill to pave way for hemp production

Santa Fe New Mexican
A bill to legalize marijuana previously went down in flames, but a separate measure for commercial use of hemp in New Mexico breezed through its first legislative test Tuesday.
http://www.santafenewmexican.com/news/legislature/senate-panel-advances-bill-to-pave-way-for-hemp-production/article_32f9ace4-2f43-5e27-bd72-c005ad33f4ab.html 

World Hemp Oil Partners With NutraCann to Offer Essence™ CBD Products, Comparable to Charlotte's Web, Legal Nationwide

Yahoo! Finance
World Hemp Oil (www.worldhempoil.com), a retailer and wholesaler of CBD (Cannabidiol) oil, has partnered with NutraCann, to carry their Essence™ CBD products in its online store. Essence™ CBD is a high concentration, all-natural, Cannabidiol-rich Hemp Oil which is now offered as an oil tincture, a vaporizing liquid, a concentrated paste and in capsule form. World Hemp Oil offers wholesale pricing for each product in packages of 10, 50 and 100.
http://finance.yahoo.com/news/world-hemp-oil-partners-nutracann-125200490.html

Production of THCZ's Rocky Mountain High Hemp-Infused Drinks on Schedule for Next Week Along With the Launch of New Commerce Website

Yahoo! Finance
Totally Hemp Crazy Inc. (OTC PINK: THCZ) announced today that the Company is on schedule for the production run of the new Rocky Mountain High Hemp-Infused Beverage drinks. The Lemonade, Iced Tea and Energy Drink will go thru final Quality Assurance testing this week at the production facility, and upon expected approval, will be produced early next week. 


Final details of the new commerce based THCZ website http://www.totallyhempcrazy.com/ are being completed and will feature a purchase portal that will utilize one of the most advanced fulfillment networks in the world, www.Amazon.com. The fulfillment agreement with Amazon will include Amazon inventorying the products in their fulfillment centers. Amazon will pick, pack, ship, and provide customer service for these great tasting products. 

Mountain High Acquisitions Corp. Completes Acquisition of CBD Hemp Oil Nutraceutical Developer GreenLife BotaniX, Inc.

Yahoo! Finance
"The rapidly growing nutraceutical market combined with recent changes in legislation regarding hemp and CBD, and the recent explosion of consumer and media interest in hemp and CBD products has created an incredible opportunity for companies that can successfully execute their business strategies in this new space," commented Alan Smith, President of Mountain High. "GreenLife's strong and experienced management team is well on their way to capitalizing on this opportunity with a substantial current catalog of unique CBD hemp oil products and is poised to launch several more groundbreaking products in the near future. Everyone at Mountain High is looking forward to working closely with Brent, Marcus, and the entire GreenLife team, to build GreenLife and their SuperCBD brand into a nationally recognized leader in CBD hemp oil nutraceuticals." 
http://finance.yahoo.com/news/mountain-high-acquisitions-corp-completes-110000163.html;_ylt=A0LEVr0ugNtUPsEAPnInnIlQ

Washington's smoke signals: History of hemp

Bonnie Lake Courier-Herald
With the passage of I-502 in 2012, development of marijuana legislation and marijuana research has surged to unprecedented levels. In an attempt to clearly translate new laws and research, the Reporter and Courier-Herald will examine these issues in a four-part series. Part three of this series tackles the history of hemp and the causality of marijuana prohibition.
http://www.blscourierherald.com/news/291415841.html#

Bill to Effectively Nullify Federal Ban on Industrial Hemp Passes Washington State Committee, 7-0

Tenth Amendment
By a unanimous 7-0 vote today, a Washington state House committee approved a bill that would authorize the farming, production, and sale of industrial hemp in the state, effectively nullifying the federal prohibition on the same.

House Bill 1552 (HB1552) was introduced by Rep. Matthew Shea (R-Spokane Valley) and fifteen co-sponsors. It not only designates industrial hemp as an “agricultural product” as Senate Bill 5012 (SB5012), a similar bill that recently passed the state Senate does, it also includes all the structural framework needed to get the hemp market up and running in the state.

“Industrial hemp is used in many ways, from hemp milk to hempcrete, which is a mold- and fire-resistant building material. Even our nation’s founding fathers grew hemp,” said Shea. “I introduced House Bill 1552 to legalize industrial hemp in Washington and create a new industry with jobs and a positive impact on our state’s economy.”
http://blog.tenthamendmentcenter.com/2015/02/bill-to-effectively-nullify-federal-ban-on-industrial-hemp-passes-washington-state-committee-7-0/