Hemp Inc Favored by News Outlets Covering Farm Bill, Stock Jumps

Companies need to have good external communication, especially with the media, to profit. Currently, in the cannabis industry, Hemp Inc (OTC:HEMP) is excelling at this.

As the world looks at the impact of the legal hemp market on the United States economy, Hemp Inc has been at the forefront of news coverage. This has brought light to the company's mission and vision. It has also caused the hemp stock to trade up this week.

Today, December 19th, is no exception.

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Hemp Inc Making Waves in the Media

Renowned news outlets have been including comments from the CEO of Hemp Inc, Bruce Perlowin, about the impact of legal hemp, as the 2018 Farm Bill heads back to President Donald Trump. Publications include Forbes, Washington Times, Caribbean Business Times, and The Oregonian.

"It is no surprise that the legalization of hemp is creating a media whirlwind," said Perlowin on Wednesday, December 19th. "This signifies a momentous occasion in U.S. history."

Not every cannabis company is receiving as much media attention as Hemp Inc, however, thus giving it an advantage.

On Wednesday, Perlowin called the media exposure "important." He added that it is making people aware of the company. The coverage is also making people conscious of "what we're currently doing," which is finding joint venture partners and then growing hemp.

That awareness is evident in the trading week HEMP stock is currently having.

A Day in the Life of HEMP Stock

Yesterday, December 18th, HEMP stock was trading up around 1.53% at one point during the day.

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Today, according to Yahoo Finance, and as of 12:33 PM, Hemp Inc is up 5.93%, trading at $0.0429.

Aside from all eyes being on the legalization of industrial hemp, and Hemp Inc being a hemp-based company, the nearly 6% surge likely stems from the company announcing that it's being favored by established news publications.