Marijuana legalization bill nears first test in Montpelier

Marijuana legalization bill nears first test in Montpelier
LEDBETTER. STEW: THREE WEEKS INTO THE SESSION, A DRAFT BILL TO LEGALIZE MARIJUANA IS TAKING SHAPE. SHUMLIN: WHAT MOST LOGICAL PEOPLE WANT IN VERMONT IS A CAUTIOUS FIRST STEP TO LEGALIZATION OF MARIJUANA …
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Mexico is having the grown-up conversation about marijuana that every country
Mexican lawmakers this week launched a national debate on a topic that officials around the world have been struggling to address: marijuana legalization. Over the next three weeks, the Mexican Congress is holding a series of public hearings (link in …
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Industrial Hemp and Medical Marijuana Heat Up Ballot as Election Day 2012 Nears

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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.







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Kentucky: Decision Nears on Industrial Hemp Legislation

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As legislators meet to decide the fate of industrial hemp in Kentucky several questions are left unanswered in the agriculture community.

Hemp has not been a legal crop in Kentucky since 1860, and Kentucky farmers could soon find out if they will be able to grow industrial hemp in the future.

Source: http://www.wbko.com/news/headlines/Decision-Nears-on-Industrial-Hemp-Legislation–200139321.html
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The Kentucky Senate recently passed a bill legalizing the industrial cultivation of hemp, paving way for farmers in the state to explore the economic viability of the plant.
Sen. Minority Leader Mitch McConnell working with Sen. Rand Paul, along with two senators from Oregon, introduced a bill that would allow farmers to begin growing the crop. They explained that expanding the hemp industry is a smart way to create jobs and add much needed economic opportunities to the state.
“This legislation has the potential to create jobs and provide a boost to Kentucky’s economy and to our farmers and their families,” McConnell told reporters during a press conference.
The two Senators from Oregon, Ron Wyden and Jeff Merkley, are pushing hard for similar measures in their state, which recently voted against a measure that would have legalized marijuana for recreational use in the state.
But research suggests that the economic possibilities are real and is the main driving force behind these collective efforts. A report facilitated by the Hemp Industries Association published in January details that retail sales in the United States of products that used imported hemp were estimated to have been valued at over million in 2011 alone.
Hemp itself has been used by various civilizations over time and currently can be used in over 25,000 different applications. Hemp is used in building material and biofuels and can even be used in plastics, soap and clothes.
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However, with the increased advocacy for state legislators to pass measures easing laws on Hemp, those in law enforcement are cautioning that increased hemp production would lead to an increase in illegal growers and that it is just as dangerous as marijuana.
“We’ve heard that you can’t get high off of hemp. You can get high off of hemp,” warned Kentucky State Police Commissioner Rodney Brewer.
Congressman Greg Stumbo, of Prestonsburg, echoed those thoughts saying the increased risk to law enforcement is not worth the possible economic benefit.
“It’s not that we’re saying ‘no,'” Stumbo told AP. “We’re simply saying that the evidence doesn’t show that there’s enough of a market to override the concerns that the law enforcement community has.”
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