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Hemp, Inc. Reports Massachusetts House Passes Bill to Help Grow State's Hemp Industry

Posted by Linda Hill on Wednesday, June 26, 2019 Under: 848FINACE
10:30 AM ET 6/25/19 | GlobeNewswire
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Hemp, Inc. Reports Massachusetts House Passes Bill to Help 

Grow State's Hemp Industry 

Las Vegas, NV, June 25, 2019 (GLOBE NEWSWIRE) -- via 

NEWMEDIAWIRE -- Hemp, Inc. (OTC PINK: HEMP), a global 

leader in the industrial hemp industry with bi-coastal 

processing centers including the 85,000 square-foot 

multipurpose industrial hemp processing facility in Spring Hope, North 

Carolina, a state of the art processing center in Medford, Oregon, and a 500-

acre hemp growing Eco-Village in Golden Valley, Arizona, announced today 

Massachusetts House has passed a bill that will help the state's hemp industry 

grow and farmers cultivate on agricultural land. 

The bill, which would allow farmers with agricultural deed restrictions on their 

land to grow hemp, passed in a vote 152-0. This bill, if signed into law, is a 

monumental step forward for the state because currently there are two laws 

that restrict farmers from growing the crop. This bill would ultimately expand 

the definition of agricultural land to include hemp so farmers can receive the 

tax and protection benefits as other farmers. The House expects this new bill to 

be a boost for farmers, jobs and the economy in the state of Massachusetts. 

"I applaud the state of Massachusetts for passing this bill with zero votes 

against it," said Hemp, Inc. CEO Bruce Perlowin. "This further proves the high 

demand and changing thoughts people have on this incredible, life changing 

and economy changing crop, and I for one am excited for the prospect of 

working with Massachusetts farmers in the future." 

In : 848FINACE 

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