Ecopaper.com Announces Continuing Involvement in the Marketing and Distribution of Hemp Paper Products
April 24 2014 - 7:15AM
Marketwired
Ecopaper.com Announces Continuing Involvement in the Marketing and
Distribution of Hemp Paper Products
CEO, Harry Johansing, Comments on the Company History of
Commitment and Future in the Hemp Industry
VENTURA, CA--(Marketwired - Apr 24, 2014) - Ecopaper.com,
wholly owned subsidiary of SGD Holdings, Ltd (OTC Pink: SGDH)
(PINKSHEETS: SGDH), announced today that on April 24, 2014 that the
company fully intends to continue its involvement in the marketing
and distribution of Hemp Paper Products in the United States and
around the globe. Ecopaper.com has been marketing and
distributing Hemp Paper Products for over 12 years. Harry
Johansing, CEO, states, "I consider Ecopaper.com one of the few
original and authentic companies to be involved in this
industry." Mr. Johansing goes on to say, "Ecopaper.com was
involved in this industry before it was popularized by the recent
moves among many states to legalize the use of Cannabis for medical
purposes and use of Hemp for Industrial purposes. All of these
current changes are very exciting to us and we are closely
monitoring the progress that is being made at the federal level to
remove legal barriers in regard to the domestic cultivation,
transportation, and processing of hemp products. With the
recent passage of the 2014 Farm Bill another step has been taken,
and as a country we are that much closer to the complete
legalization of domestic hemp production. Ecopaper.com intends
to be first in line, our distribution infrastructure is already in
place and I see a time in the future where the company will not
have to depend on importing hemp paper products from places as far
away as India. We will be able to freely obtain hemp that is
cultivated domestically and transport this material to paper mills
across North America with no restrictions and then use our
proprietary formulas to manufacture hemp paper products ourselves.
This will dramatically reduce our costs and allow us to fully
monetize our existing distribution outlets. Once again our
commitment of creating 100% tree free paper products will be
realized and our end goal of achieving a sustainable planet will be
that much closer."
About Current Hemp Related Legislation So far in the 2014
legislative season, industrial hemp legislation has been introduced
or carried over in thirteen states: Arizona, Hawaii, Indiana,
Mississippi, Nebraska, New Jersey (carried over from 2013), New
York, Oklahoma, South Carolina, Tennessee, Washington (two bills
carried over from 2013), West Virginia and Wisconsin.
In addition to the Farm Bill amendment, two standalone
industrial hemp bills have been introduced in the 113th Congress so
far. H.R. 525, the "Industrial Hemp Farming Act of 2013," was
introduced in the U.S. House on Feb. 6, 2013, and the companion
bill, S. 359, was introduced in the U.S. Senate soon thereafter on
Feb. 14, 2013. The bills define industrial hemp, exclude it from
the definition of "marihuana" in the Controlled Substances Act
(CSA), and give states the exclusive authority to regulate the
growing and processing of the crop under state law. If passed, the
bills would remove federal restrictions on the domestic cultivation
of industrial hemp.
To date, thirty-two states have introduced pro-hemp legislation
and twenty have passed pro-hemp legislation. Ten states
(California, Colorado, Kentucky, Maine, Montana, North Dakota,
Oregon, Vermont, Washington and West Virginia) have passed
industrial hemp farming laws and removed barriers to its
production. These states will be able to take immediate advantage
of the industrial hemp research and pilot program provision,
Section 7606, of the Farm Bill.
Three states (Hawaii, Kentucky and Maryland) have passed bills
creating commissions or authorizing research. Nine states
(California, Colorado, Illinois, Montana, New Hampshire, New
Mexico, North Dakota, Vermont and Virginia) have passed
resolutions. Finally, eight states (Arkansas, Illinois, Maine,
Minnesota, New Mexico, North Carolina, North Dakota and Vermont)
have passed study bills. However, despite state authorization to
grow hemp, farmers in those states still risk raids by federal
agents, prison time, and property and civil asset forfeiture if
they plant the crop, due to the failure of federal policy to
distinguish non-drug oilseed and fiber varieties of Cannabis (i.e.,
industrial hemp) from psychoactive drug varieties (i.e.,
"marihuana").
Direct press inquiries to harry@ecopaper.com
Forward-Looking Statements: The statements in the press release
that relate to the Company's expectations with regard to the future
impact on the Company's results from acquisitions or actions in
development, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The
statements in this document may also contain "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
When used in this press release, the words "anticipate," "believe,"
"estimate," "may," "intend," "expect" and similar expressions
identify such forward-looking statements. Forward-looking
statements are subject to risks, uncertainties, and other factors
that could cause actual results to differ materially from those
contained in such statements. Such risks, uncertainties, and
factors include, but are not limited to, future capital needs,
changes and delays in plans and schedules, or market acceptance.
SGD Holdings, Ltd. undertakes no duty to update these
forward-looking statements.
Contact SGD Holdings, Ltd 805-644-4462
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