Source: equities.com
November is quickly approaching and the presidential candidates remain predictably silent regarding marijuana law reform. According to CBS News, "So far, most politicians seem wary of the topic, and are being more conservative in their public statements than polls would suggest." By contrast, everyone else can't stop talking about pot and hemp politics and they're ready to have their say on November 6 in the ballot booth.
Voters’ impending rejection of the drug war status quo is no surprise to anyone not living under a rock. The U.S. Drug War is the longest running war in U.S. history. Marijuana is indisputably the kingpin of the war. In 2009, more than half of the 1,663,582 arrests for drug violations were for marijuana, according to Huffington Post. Americans are simply ready to end it.
According to DemocraticUnderground, opinion polls over the past 12 months indicate record levels of public support for ending the marijuana war. Americans are waking up to the benefits of the once frowned upon drug. Quite frankly, people now know the difference between hemp and marijuana and realize how much hemp can benefit their overall health. Much credit can be given to Bruce Perlowin, once donned the 'King of Pot' who heads the publicly-traded company Hemp, Inc. (OTC: HEMP).
"There are good indications that all 6 states will pass their medical marijuana initiative. That will be a watershed moment for our industry. At that point, the federal government has to do something. Even during the alcohol prohibition, you didn't have 22 states legalizing alcohol. Trying to stop the full federal legalization of medical marijuana and recreational marijuana is like trying to sweep back the incoming tide with a broom," says Perlowin.
For years, Hemp, Inc. (http://www.hemp.com) has been educating consumers on a myriad of industrial hemp benefits, from hemp clothing to hemp protein shakes. Hemp, Inc.'s all-natural HerbaGenix™ nutraceuticals (http://www.herbagenix.com) contain hemp extracts proven to increase the body's overall health and performance. Industrial hemp, according to the 'King of Pot' can change the way Americans live by creating a more natural and sustainable environment.
Armed with this knowledge, voters in Arkansas, Colorado, Massachusetts, Montana, Oregon and Washington will have the opportunity to flex their muscles and voice their drug war dissent at the ballot box. Not to mention, prominent Republicans Michael Baumgartner (US Senate) and former representative Tom Tancredo are giving the legalization of marijuana their support. According to Reuters yesterday, Baumgartner and Tancredo "could help sway conservative voters." The CEO of Hemp, Inc. (OTC: HEMP), Bruce Perlowin, is probably asking himself does he have to become a republican now and with this type of support, probably so.
Savvy investors sense the timing couldn't be better, as many are looking to invest in solid, lucrative companies such as Hemp, Inc. (OTC: HEMP) and sleuthing other companies such as Cannabis Science, Inc., Rapid Fire Marketing Inc., Medical Marijuana Inc. and Grow Life, Inc. Just two years ago, Prop 19 in California sought to legalize recreational use of marijuana. That caused a feeding frenzy for marijuana company stock from October 11 to 19, 2010. Even Health Sciences Group, that appeared to be out of business during that time, spiked 200% (from .0001 to .0002). The strongest of the companies, Hemp, Inc. (OTC: HEMP), bounced from less than one cent to 4.8 cents in that week, a spike of 473% (from .0085 to 0.487) due to the massive publicity surrounding the marijuana issue. Other spikes included Cannabis Science, Inc. at 137% (from .092 to .218); Rapid Fire Marketing at 50% (from .002 to .003); and, Medical Marijuana, Inc. at 480% (from .02 to .1159). If part of history repeats itself and marijuana is legalized, marijuana stock will inevitably go through the roof. Seems to be a win-win-win for everyone.
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