News out..... Hollund Dives Deeper Into Industr
Post# of 17862
Hollund Dives Deeper Into Industrial Hemp -- Signs Consulting Deal With Hemp, Inc.
Hollund Dives Deeper Into Industrial Hemp -- Signs Consulting Deal With Hemp, Inc.
On Strength of Strategic Partnerships, HIMR Targets Major Hydro Dam Building Nations With Growing Hemp Industry
BLAINE, WA--(Marketwired - Mar 24, 2014) - Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund"), an underwater forest management company, announced today that the company has signed a consulting agreement with The Industrial Hemp and Medical Marijuana Consulting Company, Inc. ("IHMMCC"), a wholly-owned subsidiary of HEMP, Inc. (PINKSHEETS: HEMP).
"Discussions with North Cal revealed a way in which we could maximize the value of our underwater timber projects, by incorporating industrial hemp fibers into the production process," stated Peter Meier, President of Hollund. "By combining wood waste, which would otherwise end up in landfills, with industrial hemp, promises to have a positive impact on the environment; partly by helping to reduce carbon emissions."
Management engaged IHMMCC solely for consulting on industrial hemp related endeavors. IHMMCC will advise Hollund on a market strategy focusing on nations with progressive legislation on hemp cultivation, that also have viable underwater timber projects -- such as France, Canada and China. Executives view industrial hemp as being a next frontier, sustainable industry, much like underwater timber, which remains the company's core business and primary focus.
Mr. Meier concluded, "Both HEMP and North Cal Wood Products are industry leaders and product innovators. We are excited to have them both as contributors to our growing team as we dive even deeper into these two multi-billion dollar industries."