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INDUSTRIAL HEMP

Hemp Inc (OTCMKTS:HEMP) And Cannabis Cultivation Industry Gaining Momentum

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Cannabis and hemp company in the industry with recent and current developments comprise: Hemp Inc (OTCMKTS:HEMP), Medical Marijuana Inc (OTCMKTS:MJNA), mCig Inc (OTCMKTS:MCIG), Canopy Growth Corp (TSE:WEED) and Cannabis Science Inc (OTCMKTS:CBIS).

Legal cannabis expansion throughout North America is resulting in the production of new offerings, as well as supported stock performance as the industry shows to record lofty revenue projections from analysts.

As per ArcView, one of the major cannabis research companies, legal cannabis, marijuana and hemp sales jumped in North America by 34% in 2016, and they’re slated to rise by an average of 26% yearly through 2021. That sort of growth is certainly adequate to attract shareholders to marijuana equities, which have surged as a group by over 100% over the trailing year.

The details

Hemp clarified and outlined its core infrastructures that it has established and has been utilizing to capture the fast growing industrial hemp industry. The firm continues to position itself on the forefront of America’s hemp revolution. Headed by Hemp CEO, Bruce Perlowin, personnel have taken several bold, methodical measures to position company for sustainable and profitable growth across the industrial hemp arena.

The four major infrastructure segments, through which measures have been taken, thus far, are Industrial Hemp Manufacturing and Processing; Hemp Oil Extraction; Hemp Farming; and Hemp Education.

Perlowin expressed that they intend to drive home to their investors that they have extremely lucid infrastructure segments in action that have established a strong platform for growth, in the present time and in the imminent period.

While always sticking to their discipline on transparency with their investors and the public, they are resolutely dedicated to these infrastructure segments. They consider their core infrastructure segments outline Hemp’s operations, and, enable them to allocate capital and time strategically to lead long-term shareholder value. In the last trading session, Hemp stock was seen trading around $0.0190.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of journaltranscript.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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