Marijuana stocks are on fire again!
Update: HEMP penny stock has seen a recent explosion in trading volume and price after Cannabis stocks hit new highs. The move comes after Colorado launches the first legal sales of Cannabis in the U.S. The Launch has been marked by massive lines and most are predicting the sector could be worth $10 billion in Colorado and Washington alone.
At the end of December Hemp, Inc. Reviews the Industrial Hemp Industry in 2013; Americans purchased close to $500 million in hemp products in 2013, making the United States the largest importer of industrial hemp, great news as Hemp, Inc. finalizes its packaging of hulled hemp seeds, the "hottest superfood" on the market.
Hemp, Inc. HEMP -16.39% has informed shareholders regarding its industrial hemp harvest in Northwest China by the Yasheng Group with the report that the crop has yielded approximately 40,000 kg of seeds and 35,000 kg of raw fiber. A recent study published in the European Journal of Nutrition concluded, "The results suggest that hemp seeds may treat and prevent hypertension; "HMH with strong hypotensive effects in SHRs could be used as a therapeutic agent for both the prevention and treatment of hypertension."
Hemp, Inc. (PINK: HEMP) is focused on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry. While the Company is not involved in the cultivation or marketing of medical marijuana they do believe that legalization of hemp in all 50 states and at the federal level will come to pass. With that in mind, the company is building infrastructure with the potential to gain substantial market share before and after industrial hemp prohibition ends.
HEMP has developed an extremely diversified business plan since its inception, and as the company has grown, it has reached the point where the Company needs to narrow its focus. Many of Hemp, Inc.'s divisions have developed extremely promising products that no longer match the direction of the Company. Rather than closing these divisions and miss opportunity, the management has decided to spin-off these companies.
David Tobias, President of Hemp, Inc. stated: "We have confidence in the future success of these spin-offs. By separating them from Hemp, Inc. it allows new professional management teams that are experts in their individual industries to take over while we focus more directly on the hemp market. The shareholders get the best of both worlds; this should free up Hemp, Inc. to grow more quickly, and the shareholders are given a percentage in four other companies."
BioSwan: Dedicated to improving the quality of life via its proprietary all natural formulations and modalities designed to increase the body's production of pluripotent adult stem cells. Hemp, Inc. has agreed to spin the company off and to retain a two-year exclusive contract for marketing the herbal blends that have been shown to increase the body's production of these most valuable pluripotent stem cells.
Your Bev: After much research and experimentation with Fossil Water, YourBev has discovered what makes it so exceptionally good, therefore highly sought after. Fossil Water or paleowater, which is highly desirable in the world market, is commonly described as water that has been underground for 10,000 or more years. It's important to note, simply being underground does not make fossil water beneficial – but being in a protected aquifer away from contaminants is what makes Fossil Water sought after. Many consider the best fossil water to be a national treasure. Fossil Water is not a renewable resource and it is being depleted world-wide.
Other HEMP divisions include: the aged URL; hemp.com; hemp-based Nutraceutical division, Herbagenix; its industry consulting company, The Industrial Hemp and Medical Marijuana Consulting Company; its back-to-the-land Kins Domain project (ecoharmonykinscommunity.com); its clothing division will also be selling signature hemp jeans, cargo pants and a broad-based line of hemp and natural fibre clothing; hemp gemstone candles supportpatchadams.com also made on the very sought-after and popular Kins Domains; the Eco-Harmony Loyalty Card echoharmoneycard.com the all-natural, custom-branded sexual enhancers MJ Lover for Him and MJ Lover for Her with hemp extracts mjlover.com; Re-Load Hemp nutraceuticals formulated from a blend of organic nutrients, herbs, and vitamins including hemp extract and AFA blue-green algae, known for its healthful effects; re-load.biz and BasicHemp hemp protein complex with Rhodiola Rosea and Cordyceps biasichemps.com
Conclusion: Clearly HEMP is a fast growing Company that has seen some massive developments in recent months; the Company boasts fast growing revenues as the Company reported $673,588 total sales for the 3 months ended September 30,2013. Of concern on this one is the fact that HEMP is non-reporting hence their filings are un-audited. They also have very little liquid assets compared to significant short term debt. Currently trading at a $50 million market valuation HEMP may have some upside but certainly not as much as others in this sector.
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