Aug 30, 2012, 11:09 ET from HEMP, Inc.

LAS VEGAS, Aug. 30, 2012 /PRNewswire/ -- MARIJUANA, INC. now HEMP, INC. (HEMP) is pleased to announce that FINRA has approved the name change from Marijuana, Inc. to Hemp, Inc. This corporate action will take effect at the open of business 8/30/12. The symbol on this date will remain HEMP. CEO Bruce Perlowin stated, "Our new corporate identity avows the commitment the company has made to the Industrial Hemp Industry. Our partnership with was the first step in building a firm foundation for Hemp, Inc., and we expect the fourth quarter of 2012 to provide more solid results." President David Tobias continued, "The team at Hemp, Inc. is committed to becoming a leader in the industry, and we are currently taking steps to make that happen, from participating in hemp industry events across the country to meeting with likely acquisitions and partners in our efforts to make Hemp, Inc. a household name."


HEMP, Inc. (HEMP) focuses on the vast market created by the quickly emerging, and growing, multibillion dollar industrial hemp industry. Hemp, Inc. is not involved in the cultivation or marketing of medical marijuana. It is the company's belief that legalization of hemp in all 50 states and at the federal level will come to pass. With that in mind, the company is building infrastructure with the potential to gain substantial market share once hemp prohibition ends. (Pending any federal licensing or other requirements, that may be enacted after hemp prohibition ends).

FORWARD-LOOKING DISCLAIMER This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Hemp, Inc. to be materially different from the statements made herein.


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