The Hemp Shop

Hemp requires little to no pesticides, no herbicides, controls erosion of the topsoil, produces oxygen and can be used to replace many potentially harmful products, such as tree paper (the processing of which uses chlorine bleach, which results in the waste product polychlorinated dioxins, which are carcinogenic, and contribute to deforestation, co... smetics, and plastics, most of which are petroleum-based and do not decompose easily. Hemp produces 4 times the raw material than trees for paper making and can be planted between 1-3 times a season, depending on location, be recycled up to 10 times, compared to 3 or 4 times for wood pulp paper. The same hemp fibre products from a hemp harvest provides raw-materials for products such as, paper, textiles, building materials, industrial materials, foods, cosmetics and a host of other sustainable Green products. With China as the single largest supplier of US imports of raw and processed hemp fibre, Astika focused its agriculture plans in the high-profile Industrial Hemp sector in China and New Zealand where the opportunity is available to generate revenues. The 2012 Annual Retail Sales for Hemp Report estimates the total US retail value of hemp products in 2012 was nearly $500 million (The Hemp Industries Association or "HIA"). Astika believes that China will continue to have influence on Hemp market prices, year-to-year profits of producers and processors in other countries. The Company intends to be issuing press releases to its shareholders in the coming days and weeks outlining a series of potential acquisitions and expansion. Astika Holdings is in the process of making the necessary filings in Form 8-Ks, which will be filed on the US SEC EDGAR system providing the specifics of developments. The new management intends to position the Company for an up-listing to a higher exchange such as the NASDAQ BX or NASDAQ, once the Company meets the financial status and market share price for up-listing qualification. The Company has begun the process of integrating ...Read More