|By PR Newswire||
|February 8, 2014 09:33 AM EST||
BOSTON, Feb. 8, 2014 /PRNewswire-USNewswire/ The new $1 trillion federal farm bill, just signed into law by President Obama, is giving Boston based Hempest.com high hopes. Within the bill is an amendment that relaxes a 75 year old restriction on growing and researching industrial hemp. With medical marijuana's historic progress over the last 2 years, government restrictions are now being eased on industrial hemp as well.
Hempest.com President Mitch Rosenfield, states, "We are very eager to pursue the possibilities of growing Hemp right here in the USA for our clothing production, and are actively seeking capital to procure land and begin research crops. Our current clothing line is dependent on Hemp grown in China, but it could be grown better, and more efficiently right here in the US. For 18 years, we have sought to bring jobs and a cleaner, greener future to the US, and this bill allows for that to finally start."
Hempest.com boasts it has the world's most extensive collection of hemp clothing and accessories. Made from the fibrous stalk of the plant, hemp clothing is organically grown, pesticide free, durable, and comfortable to wear. Hemp paper, made from the pulped stalk, is tree free, durable, higher in cellulose, and has 4 times the lifespan of tree based papers. Hempseed oil is rich in Omega 3 and Omega 6 fatty acids, and the seed is known as a nutritional "superfood". Despite a market price slightly higher than cotton, many see potential for a hemp industry here in the US, and it wouldn't be the first time. Hemp was a popular crop in colonial times due to it's myriad of uses. The industry continued to grow exponentially until the middle of last century, when it was suspiciously shut down by powerful interests that stood to gain from hemp's demise. Federally, it's been illegal to plant hemp since 1937, but the new farm bill changes all that.
The current US Hemp market is estimated at $500 million, which may be small compared to the multi-billion dollar medical marijuana industry, but according to Rosenfield, it could be just the tip of the iceberg. "It's a whole new world opening up. Hemp is one of the only industries that is both economically and ecologically viable. It solves many of today's environmental and economic problems and actually creates a cleaner world while doing it. It just makes sense."
CONTACT: Mitch Rosenfield, 1-617-421-9944, [email protected]
Oct. 7, 2015 02:00 PM EDT Reads: 5,812
Oct. 7, 2015 02:00 PM EDT Reads: 279
Oct. 7, 2015 02:00 PM EDT Reads: 169
Oct. 7, 2015 02:00 PM EDT Reads: 425
Oct. 7, 2015 01:45 PM EDT
Oct. 7, 2015 01:45 PM EDT Reads: 474
Oct. 7, 2015 01:45 PM EDT Reads: 154
Oct. 7, 2015 01:45 PM EDT
Oct. 7, 2015 01:30 PM EDT Reads: 604
Oct. 7, 2015 01:15 PM EDT Reads: 593
Oct. 7, 2015 01:15 PM EDT Reads: 152
Oct. 7, 2015 01:15 PM EDT Reads: 116
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Oct. 7, 2015 01:00 PM EDT Reads: 304
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
Oct. 7, 2015 01:00 PM EDT Reads: 745
Oct. 7, 2015 01:00 PM EDT Reads: 547