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GlobeNewswire (Wed, 10:22AM)
GlobeNewswire (Aug 15, 2014)
GlobeNewswire (Aug 8, 2014)
Hemp, Inc. Applauds U.S. House of Representatives Efforts in Medical Cannabis Reform Through New Bipartisan BillGlobeNewswire (Aug 1, 2014)
GlobeNewswire (Jul 23, 2014)
GlobeNewswire (Jul 16, 2014)
Hemp, Inc. Issues Over $240,600 of Stock Dividends to Its Shareholders That Grows to Over $9,000,000 in 3 DaysGlobeNewswire (Jul 14, 2014)
GlobeNewswire (Jun 12, 2014)
GlobeNewswire (Jun 3, 2014)
Hemp, Inc.'s IHMMCC Signs Agreement With View Systems, Inc. to Market Integrated Weapons Detection SystemsGlobeNewswire (May 30, 2014)
GlobeNewswire (May 29, 2014)
GlobeNewswire (May 22, 2014)
Fri, Feb. 14, 4:04 PM
- Volatile marijuana stocks have closed with big gains after the Treasury Dept. and deputy U.S. attorney general established banking regulations for licensed sellers. Notable gainers: MDBX +21.8%. MJNA +5.1%. GRNH +4.3%. AVTC +10.4%. MWIP +7.6%. HEMP +1.7%.
- The rules allow banks to do business with marijuana sellers deemed to be obeying state laws, and not running afoul of eight principles, which include selling to minors and trafficking marijuana to states where it's illegal to do so. However, banks will have to file suspicious activity reports detailing transactions made by marijuana vendors.
- The National Cannabis Industry Association calls the ruling, which comes six weeks after Colorado began legal marijuana sales, a "huge victory." But many observers think top U.S. banks will still tread cautiously.
- FINRA has issued a warning about potential marijuana stock scams.
Thu, Jan. 9, 5:25 PM
- Medical Marijuana (MJNA +4.3%) is up 25% YTD on the pink sheets as investors continue making speculative bets on pot-related plays following the start of legal marijuana sales in Colorado on Jan. 1.
- On the other hand, several peers gave back a big chunk of their recent gains today: GRNH -52.4%. AVTC -15.8%. MDBX -18.6%. HEMP -24.1%. MWIP -21.9%.
- But GW Pharmaceuticals (GWPH +23.5%), a more established name that yesterday priced a 2.4M-share follow-on offering at $36, went in the other direction.
- With demand outstripping expectations, Colorado is (for now) arguably seeing the marijuana equivalent of the 1970s oil crisis: Long lines, shortages, rationing, and soaring prices have become the norm for licensed dispensaries.
- Words of caution from seasoned investors about putting money into pot plays are easy to find. Fund manager Frank Igarra: "There might be one or two that survive, but having seen crazes like this, people have been burned by them a lot. The average investor should think twice."
- FINRA issued a warning in August about potential marijuana stock scams.
HEMP vs. ETF Alternatives
The company is in the business of research and development of all things made of industrial hemp. From clothing to nutraceuticals. These products are used all over America every day and are sold in the largest and most respected stores. Industrial hemp is used for making fabric, paper,... More
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