I recently had the opportunity to speak with "The King of Pot" Bruce Perlowin about the April 20, 2010 launch of The Hemp Network, a new Network Marketing company that has recently begun to take the industry by storm.
Perlowin is the CEO of Medical Marijuana, Inc (OTC: MJNA) which he co-founded along with Don Steinberg in March 2009.
MJNA is the first publicly traded company in the Medical Marijuana industry.
Deemed by the media as "The King of Pot", Perlowin, 59, is featured in CNBC's documentary "Marijuana Inc."
"Marijuana Inc." is the most watched show in CNBC's history and has re-aired 114 times in 14 months.
The focus of our conversation was the 4/20/2010 "soft launch," of The Hemp Network, his past in the industry and his vision for the future. He told me the demand for hemp products, not just marijuana or medical marijuana, is a staggering $50 billion a year.
Perlowin claims "medical marijuana" to be "the most highly searched keyword term in Google," and that people who use hemp products are passionate about hemp and believe that it can save the world.
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A growing number of individuals and private businesses are increasingly deciding to incorporate in Singapore and Hong Kong. Both countries offer a good infrastructure, with a pro-business and pro-talent culture which is reflected in the country's immigration policies, regulatory environment, and the openness of its people. Moreover, their governments have ensured policies related to laws, regulations and taxation that promote the growth of entrepreneurship and commerce in their respective countries.
Hong Kong and Singapore have been consistently topping the list in the Doing Business Report compiled by the World Bank every year. This is due to the business-friendly policies followed in both the countries like low import and export costs, well-framed laws for protecting investors, and labour regulations that favour employers.
Both countries have again been ranked at the top of the list in the Doing Business 2010 Report. For the 'Ease of doing business' index, Singapore and Hong Kong are ranked at first and third positions respectively, whereas, for the 'Starting a business index', Singapore and Hong Kong are ranked at the third and eighteenth positions respectively.
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As India's foremost outsourcing hub, Gurgaon offers lots of investment opportunities. It is home to renowned, major multinational companies and is a major investment destination of India. Gurgaon houses Alcatel, British Airways, Ericsson, Hewitt, General Motors, and GSK etc. The presence of these multinationals has had tremendous impacts on its economy. As an investment hub, the city offers employment opportunities with the vast major investments that litter its economy. For investors keen on starting an industry or service production, this city makes for a superb location. Its proximity to Delhi offers a cosmopolitan extended market. The investment regime in this city is friendly and investors can set up their investments with ease.
These factors have been essential to the hordes of large investments and capital inflows that the city has attracted. Multinationals, foreign investors and even individual investors from India have diversified into the city's economy. Gurgaon houses many other manufacturing companies that are well respected in India. It boasts of the Maruti Udyog and Hero Honda motor cycle manufacturers. The city has developed industrial model townships, home to other big manufacturing giants. Places such as Dharuhera, Bawal, Manesar and Udyog Vihar are home to giant manufacturing firms making Gurgaon an important destination for investments in India. Other sectors of manufacturing like garment making have big names in this city as well. For instance Richa, Orient, Modelama, Flying Fashions etc conduct their export business from here.
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