One stock that is persistently overlooked at this point given its history of scandal is Hemp Inc (OTCMKTS:HEMP). But, given the rate of growth projected for the hemp and CBD Oil markets over coming quarters, this might be a bit of a regrettable oversight if things begin to get on track for the company. As is chronically the case for Hemp Inc, the story will come down to politics in the end. And, as a sign of the wind blowing favorably, the company just announced that it is obviously quite in favor of a recent political move in the Show-Me state: it applauds the Missouri Legislature for passing a bill that would legalize hemp.
According to the release, “by a vote of 131 to 6, House Bill 2034 passed Thursday, May 3, after a few amendments were added in the Senate and agreed to by the House members. The bill now goes to Gov. Eric Greitens’ desk. If signed, the bill would become law in August. The bill makes it legal for any person who has received an industrial hemp