Earlier today HEMP and HIMR came together to sign a Consultant Agreement. The agreement was signed by The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), a Hemp, Inc. subsidiary.
HIMR, a natural resource company who focuses on underwater forestry, was first introduced to the hemp industry during a research study with North Cal Wood Products.-Globe Newswire HEMP will advise HIMR on hemp cultivation, as well as the marketing of recovered wood product line.
“Hollund Industrial Marine, Inc. is not only an innovative leader in its industry… it will be the first company to incorporate industrial hemp fibers into the production process of its underwater timber operations,”
– Bruce Perlowin, CEO of Hemp, Inc.
“Combining wood waste, which would otherwise end up in landfills, with industrial hemp, insures a positive impact on the environment; partly by helping to reduce carbon emissions.”
– Peter Meier, Hollund Industrial Marine, Inc. CEO
When dams are built, areas of forest are submerged under water. This causes the trees and vegetation to eventually decay. There are a reported 50,000 large hydro dams around the world with more in construction.-Holland Industrial This underwater forestry presents a huge opportunity for timber harvesting. HIMR plans to use hemp fibers to sustain underwater timber projects, thus increasing profits and productivity.
What does this mean for HIMR and HEMP? Hollund Industrial Marine, Inc. gets an industry leader in hemp products as consultant on current and future projects. This is huge for HIMR, who closed the day trading at $0.0005 per share. Expect updates on this endeavor to increase revenue and share value. For Hemp, Inc. this is another day of forward progression. HEMP has announced: market research in aquatic cultivation, announced a new head of investor relations, partnership for the development of a radio station and acquired interest in an alternative energy product company, ALL IN MARCH. Hemp, Inc. is pushing to maintain it’s place in the front of the pack in the hemp industry. Expect the stock to make slow and steady gains, unless a major deal or break in news comes into play.
Rosenberg (OTC Daily)