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

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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

Marijuana leaf with sun shining behind it

10:30 AM ET 6/25/19 | GlobeNewswire

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."

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