Hemp, Inc. (HEMP)
YTD Gain for HEMP: 513%
While Hemp, Inc. (HEMP) scores zero points for moniker-creativity, the company’s name is certainly a fitting one.
Much like Medical Marijuana, Hemp is actually a collection of companies … Marijuana Inc., the website MarijuanaInc.TV, Herbagenix and Eco-Harmony to be specific. But, be careful when comparing HEMP stock to other marijuana stocks, because it’s been made clear that the company’s goal is to advance the potential of hemp, as opposed to cannabis.
Cannabis has medical and recreational uses, while hemp — the strongest natural organic fiber known to man — can be used to make everything from medicine to food to paper to building materials, and more.
All the same, HEMP has been treated like most other marijuana stocks, and has been just as rewarding. Year-to-date, HEMP stock is up more than 500%.