February 7, 2014 Corona, CA - Extreme Biodiesel, Inc. (PINK:XTRM) announced today through its wholly owned subsidiary that President Obama will sign the $956 billion farm bill on as he travels to Michigan State University to extol the benefits of a thriving agricultural sector for the nation’s overall economy.
White House officials said the president would also take the opportunity to highlight growth in the farming economy during the last five years, and to note how agriculture has contributed to the economic recovery.
The White House released a report on Friday from Mr. Obama's Council of Economic Advisers that says farm income has risen significantly since the president took office in the depths of the recession.
"The past five years represents one of the strongest periods in our nation's farm economy," the report notes. "Not only does American agriculture put food on the table of American families at affordable prices and provide raw material for a range of vital purposes, it also supports one out of every 12 jobs in the economy. The hard work done on the farm is felt throughout our economy, particularly when agriculture is thriving."
Recently Extreme Biodiesel Inc. Announced that the Company wholly owned subsidiary XTRM Cannabis Ventures has just completed assembly of its first Mobile Hemp To Biodiesel Production Unit.
A problem for the biofuel industry has always been locating cost-effective products for conversion into biodiesel. Until recently Hemp was simply too expensive to consider for biodiesel, but with the passage of the farm bill hemp costs are expected to decrease. Given that Hemp seed has a better cloud point and cetane value plus similar oil content to other seeds such as Canola, Hemp will quickly become a viable and better alternative.
Company President Joe Spadafore stated "Today is a very exciting day for us. Extreme has many projects in the pipeline to go after the growth in the cannabis sector. On behalf of XTRM Investors we would like to congratulate President Obama on today's signing"
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Legalization of Hemp
About Extreme Biodiesel and XTRM Cannabis Ventures
Extreme Biodiesel is an alternative fuel and recycling company. Our mission is to provide a cost-effective, high-quality alternative diesel fuel, create "green" jobs, reduce the environmental impact of fossil fuels and diminish US reliance on foreign oil. Extreme Biodiesel is currently repositioning itself into a holdings corporation with focuses on Bio Diesel, Real Estate, Technology and Cannabis Sectors
XTRM Cannabis Ventures is a wholly owned subsidiary of Extreme Biodiesel focused in the sector of Medical Marijuana, Cannabis and Hemp related products.
XTRM Cannabis Ventures Disclaimer
The Company would like to assure all investors that in all cannabis related actions the Company is conferring with counsel to be sure any business activities are deemed legal. XTRM advises all investors to see the website being developed at http://xtrmcannabisventures.com/
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