NewsRoom Articles - Page 87 of 251

WednesdayNov 20, 2019 9:00 am

Colorado Farmers Invent Novel Hemp Harvester

One of the biggest challenges that hemp farmers have faced this season is the intensive labor demands of harvesting their crops. Industrial hemp has only been legalized recently, so the existing machinery is ill-suited to harvest these plants. However, a pair of farmers in Colorado appear to have developed a solution to this problem. Mike Meyer, who is a hemp farmer and Toby McCracken’s partner, said that McCracken was touching a hemp stalk with his fingers when inspiration to develop a harvester hit his brain. He devised a way to harvest hemp while holding the hemp stalk. He developed an…

TuesdayNov 19, 2019 4:00 pm

Is Smokable Hemp the Next Big Thing in Kentucky?

Hemp is undoubtedly one of the most versatile cash crops being grown at the moment. It has plenty of applications ranging from fiber clothing, industrial foodstuffs, beauty, and health. Over the past few years, it has become an increasingly attractive venture, mainly carried by the immense popularity for hemp-derived cannabidiol (CBD) that's currently taking the world by storm. The cannabis extract has proven to be as equally versatile as hemp. It has potent medicinal properties that make it effective against a host of medical conditions, from anxiety and high blood pressure to chronic pain. A trend that is quickly emerging…

TuesdayNov 19, 2019 9:00 am

Construction Starts on First Hemp and Cannabis Supply Chain in Canada

On Friday Morning, Grasslands Taber Collaborative (GLTC) located in the Town of Taber, Alberta launched the construction of the first marijuana, hemp, and infused agricultural food supply chain in Canada. The GLTC Premium Park Project partnerned with rural communities in the western part of Canada to capitalize on the business opportunities found in the new marijuana sector. They will be producing marijuana and agricultural foods. GLTC will also provide farmers with research, development, and processing opportunities, as well as rental spaces for producers and other businesses. GLTC CEO, Lindsay Blackett, said that the Premium Park’s primary purpose is to produce…

MondayNov 18, 2019 4:00 pm

Cross-Pollination Triggers Disputes Between Hemp and Marijuana Farmers

As the hemp industry tries to adjust in the wake of the USDA’s interim final rule on hemp, it has emerged that the entire cannabis sector is facing an unforeseen and deadly challenge; cross-pollination between marijuana and hemp plants. Farmers in states that had preexisting outdoor marijuana programs have felt the effect most, with most of them stating that cross-pollination from hemp farms can result in losses worth thousands of dollars as it renders the flower products unmarketable. Robert Morf owns and runs Chesire Creek, an outdoor marijuana farming project in Waterville, Washington. According to him, his problems began this…

MondayNov 18, 2019 2:37 pm

Hemptown USA, Premier CBG Grower Worldwide, Expects Significant Revenue Boost in 2020

The company projects $19 million total revenue in 2019 and up to $104 million in 2020 as it scales operations to meet rising global demand Hemptown USA obtained and grew one million rare CBG seeds for the 2019 growing season, yielding 780,000 pounds of dried biomass, and producing 10.3-13.4 percent full-spectrum non-intoxicating cannabinoids Hemptown USA is a privately-owned grower of full-spectrum, feminized hemp using premium-seed genetics. The company is the premier player on the cannabigerol (CBG) market which remains strong even as the price of cannabidiol (CBD) continues to experience price compression due to an explosion of hemp grown. One…

MondayNov 18, 2019 9:00 am

500 Comments About Federal Hemp Rules Already Submitted

More than 500 people have voiced their opinions on hemp rules less than two weeks after the USDA opened the public comment period. Last month, the USDA released an interim final rule which contained regulatory guidelines for industrial hemp. Some of the regulations cover licensing, THC testing requirements, and the disposal procedure for crops exceeding the stipulated THC levels. Hemp industry stakeholders and advocates do not have a fixed standpoint about the regulations because some of the rules are geared towards the positive development of the industry like providing farmers with the tools needed to enter the industry, while some…

FridayNov 15, 2019 4:00 pm

USDA Hemp Testing Rules Invalidate Washington’s Preferred Protocol

For months after Congress passed the 2018 Farm Bill, players in the CBD hemp industry and interested parties pressured the U.S. Department of Agriculture (USDA) to write rules for the hemp industry. The industry was, and is still undergoing unprecedented growth, mostly because of cannabidiol's (CBD) popularity as an alternative medicine, and the sector's lack of regulation was making it hard for farmers and CBD processors to operate. In October, the USDA published its interim rule on hemp, but it seems the regulations might not be the saving grace some thought they would be. Some states that had preexisting hemp…

FridayNov 15, 2019 12:19 pm

HTC Extraction Systems (TSX.V: HTC) Hemp Biomass Extraction Facilities Take Shape

HTC Extraction Systems has spent 14 years developing its ethanol and solvent-based distillation expertise and is now dedicating itself to cannabinoid extraction and refining using hemp biomass tolling agreements The company has completed construction on a 19,000-square-foot facility near Regina, Saskatchewan for hemp biomass processing, extraction, formulation and refining and a 27,000-square-foot hemp biomass processing and storage facility HTC is finalizing interior work to make the extraction facility GMP Euro compliant and expects to begin receiving new extraction equipment at the facility next month The company closed a bought deal agreement last month that will inject $10 million in funding…

FridayNov 15, 2019 11:45 am

Hemptown USA Bullish on Potential of a Relatively Unknown Cannabinoid — CBG

Hemptown USA has built a business on cultivating cannabidiol (CBD), but now its focus has turned to the qualities of a little-marketed cannabinoid – cannabigerol (CBG) CBG is known as the “Mother of all Cannabinoids” because its acid form is the precursor to the three main cannabinoids and is synthesized to create those extracts very early in the plants’ maturation process Hemptown has 500 acres dedicated exclusively to CBG cultivation in Oregon, using the company’s rights to one million cannabigerol (CBG)-intensive seeds that are engineered to preserve CBG in its latent form until late in the plant’s growth cycle While…

FridayNov 15, 2019 9:00 am

Thousand Oaks City Council Extends Hemp Moratorium Till September 2020

A moratorium on new hemp businesses has been extended till September 2020 by the Thousand Oaks City Council. Initially, the city council had banned hemp businesses on September 24 for a period of 45 days. The city council held a meeting last week where they extended the moratorium for 10 months and 15 days. The moratorium applies to all businesses looking for permits to grow, process, dry, store, manufacture, or sell industrial hemp. On Thursday, the Assistant City Attorney, Patrick Hehir, said that existing hemp businesses such as retail shops are not affected by the moratorium because their permits were…