Farm Bill legalizes the production of industrial hemp. (POLITICS, INVESTING)

President Obama is expected to sign the bill, which legalizes hemp production for states that have already passed measures legalizing hemp.   Those states are (so far) California, Colorado, Kentucky, Maine, Montana, North Dakota, Oregon, Vermont and West Virginia.  In anticipation of the bill passing, the Hemp Inc. stock (ticker: HEMP) shot up to a new high, raising 418% since February 3rd.  

Source:

http://www.marketwatch.com/story/victory-for-hemp-farmers-as-us-house-of-representatives-legalizes-the-cultivation-of-hemp-2014-02-03?reflink=MW_news_stmp