North Cal Wood Products Set to Enter Industrial Hemp Industry With Market Research & Pilot Project Aimed at Aquatic Cultivation
19 Março 2014 - 9:37AM
Marketwired
North Cal Wood Products Set to Enter Industrial Hemp Industry With
Market Research and Pilot Project Aimed at Aquatic Cultivation
U.S. Farm Bill Legalizing Hemp Production for Research Purposes
Gives Way for North Cal to Leverage Its Expertise and Network in
Wood Processing, Aquaculture and Biodynamic Farming
UKIAH, CA--(Marketwired - Mar 19, 2014) - North Cal Wood
Products, Inc. ("North Cal" or the "Company"), The Premier
Reclaimed Woods Company, announced today that it plans to enter the
Industrial Hemp Industry to capitalize on opportunities and
relationships it has established in this sector.
North Cal also announced that Hemp, Inc. (PINKSHEETS: HEMP) has
joined with North Cal's team to conduct a Hemp Market Research
Study aimed at launching a Pilot Project in California. The
project, if successful, would cultivate organic hemp in aquaponic
systems applying new aquaculture and biodynamic farming practices
for the purposes of studying hemp growth in a controlled, symbiotic
environment.
"With the passage of the U.S. Farm Bill in 2014, we are
exploring a variety of industrial hemp product applications for
Construction, Value Added Processing, and Consumer segments,"
stated Frank Van Vranken, President and CEO of North Cal. "North
Cal's vision is to become a diversified manufacturer of industrial
hemp-based products."
"Hemp, Inc. has been evaluating the wood products industry for
the past several years," said Bruce Perlowin, CEO of Hemp,
Inc. "Our vast resource of companies that produce hemp
products and close industry relationships are second-to-none and we
look forward to working with North Cal Wood Products to further
their research objectives and ultimately to help propel them into
this rapidly emerging industry."
Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund"),
an underwater forest management company, will also participate with
North Cal in its market research.
"We at Hollund are committed to environmental protection through
our development of abandoned rainforests submerged in reservoirs,
lakes and rivers around the world," stated Peter Meier, President
of Hollund. "At the same time, we are intrigued by hemp as a fiber
and excited by its potential to compliment and grow our core
underwater wood business. We look forward to learning more from
North Cal about the Industrial Hemp industry and the latest in
aquaculture and biodynamic farming through our participation in
this study, and to sharing these results with our
shareholders."
Van Vranken concluded, "Having built our business by setting
standards for the redwood industry and leading trends in
sustainability and innovation, we are very excited about North
Cal's plans to enter the Industrial Hemp industry. We fully support
the 2014 U.S. Farm Bill and look forward to working with our
partners, including universities and agricultural departments, to
implement the project."
About Hemp, Inc.
Hemp, Inc. (PINKSHEETS: HEMP) focuses on the vast market created by
the growing, multibillion dollar industrial hemp industry and
strives to be the most diversified company in the sector. Hemp,
Inc. (PINKSHEETS: HEMP) is not currently involved in the
cultivation or marketing of medical marijuana. It is the company's
belief that legalization of Industrial Hemp in all 50 states (which
is now possible with the passage of the 2014 Farm Bill) will come
to pass. With that in mind, the company continues to build
infrastructure with the potential to gain substantial market share
before and after Industrial Hemp prohibition totally ends.
About Hollund
Industrial Marine, Inc. Headquartered in Blaine, WA, Hollund
Industrial Marine Inc. (PINKSHEETS: HIMR), is an underwater forest
management company which seeks to align the interests of
businesses, communities, utilities and governments by offering an
integrated business model for underwater forest
management. Hollund's model, which includes resource and needs
assessment, permitting, environmental and project planning, logging
and milling, adds value to reservoir communities.
About North Cal Wood
Products, Inc. Headquartered in Ukiah, California, North Cal
Wood Products, Inc. ("North Cal") is The Premier Reclaimed Woods
Company, with an extensive portfolio of high-profile commercial and
residential installations. A FSC® certified company, North Cal
specializes in the reclamation, remanufacture, sales and
distribution of reclaimed and recycled woods. The Company works
with award-winning builders, designers and architects to match its
finest quality and performance to their inspired designs. To learn
more about North Cal, visit www.NorthCal.com. To purchase North
Cal's products online, visit www.OnlineLumberStore.com.
Contact information North Cal Wood Products (707) 462-0686 Email
Contact
Hollund Industrial Marine (CE) (USOTC:HIMR)
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