Marijuana, Inc. Changes Name to Hemp, Inc.

By CnAgri2012-09-04 20:48:05 Print

Marijuana, Inc. now Hemp, Inc. announced that FINRA has approved the name change from Marijuana, Inc. to Hemp, Inc. This corporate action took effect last week. The symbol on this date will remain HEMP.

CEO Bruce Perlowin stated, "Our new corporate identity avows the commitment the company has made to the Industrial Hemp Industry. Our partnership with Hemp.com was the first step in building a firm foundation for Hemp, Inc., and we expect the fourth quarter of 2012 to provide more solid results."

President David Tobias continued, "The team at Hemp, Inc. is committed to becoming a leader in the industry, and we are currently taking steps to make that happen, from participating in hemp industry events across the country to meeting with likely acquisitions and partners in our efforts to make Hemp, Inc. a household name."

HEMP, Inc. focuses on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry. Hemp, Inc. is not involved in the cultivation or marketing of medical marijuana. It is the company's belief 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 once hemp prohibition ends. (Pending any federal licensing or other requirements, that may be enacted after hemp prohibition ends).