Industrial Hemp News
University Of Hawaii Study Suggests Industrial Hemp Could Be Grown In State
A report by University of Hawai‘i College of Tropical Agriculture and Human Resources suggests that the State could yield over… [Read More]
Hawaii: A&B Hopeful Hemp Could Be A Replacement For Sugar
Alexander and Baldwin Inc. is considering planting hemp for its diversified agriculture model in Hawaii after its announcement last week… [Read More]
Nevada Allows Hemp Growing – For Limited Purposes
Hemp can now be grown for limited purposes in Nevada.
Senate Bill 305 authorizes the growing of hemp for research… [Read More]
North Carolina: Farmers Free To Grow Hemp Again
While cooking oil was the main topic of Dean Price’s presentation to the school board, another key component to biofuel… [Read More]
The Indian Hemp Industry Means Business
Hemp equals hippie. Does it not? Only bearded dudes talk about all things leafy.
But this inquiry is purely from… [Read More]
Oregon Hemp Farmers Asking For Legislative Help
A newly-formed group of hemp farming advocates will ask state lawmakers to loosen regulations holding back Oregon’s hemp industry.
The… [Read More]
Why You Should Be Adding Hemp To Your Diet
When I think of hemp, that cult hand cream from The Body Shop everyone had in their lockers in high… [Read More]
First Indian State To Legalize Hemp Cultivation
Uttarakhand government’s decision to allow farmers to cultivation of hemp plants is the first of its kind in India.
Farmers… [Read More]
Colorado Hemp Industry Releases First Stats
Sales of hemp products will reach $500 million nationwide in 2015, according to a preliminary analysis by the new Boulder-based Hemp Business Journal.
That’s up 25 percent over 2014, when Americans bought about $400 million worth of such hemp-based products as clothing, cosmetics and building materials, the majority of which were imported into the U.S.
Three states accounted for the majority of U.S. agricultural hemp in 2015: Colorado (leading the way with 2,000 acres in production), Tennessee (1,000 acres) and Kentucky (922 acres), the industry publication said.
No current system exists to track what the hemp is being grown for but, in Colorado at least, the harvest was “primarily” for the non-psychoactive chemical compound cannabidiol, according to Sean Murphy, publisher of the Hemp Business Journal.
“That’s the real story: the CBD market,” he said. Consumer sales of CBD-infused products, typically for pain relief or anti-inflammatory medicines, are projected to reach $85 million in 2015.
“A couple of years ago, there was no CBD market,” Murphy said. “(Look) how fast that emerged in a year or two.”
CBD Biosciences recently announced plans to create the world’s largest hemp oil processing plant at the former Boeing rocket assembly plant at Pueblo Industrial Park.
More comprehensive data on CBD sales are still forthcoming, but given the share of U.S. hemp coming from Colorado (51 percent) it’s evident that “Colorado is really driving that,” Murphy said.
Some growers estimate CBD sales are more robust than the journal estimates — closer to $300 million.
News Moderator: Jacob Redmond 420 MAGAZINE ®
Full Article: Hemp Industry Journal Releases First Stats
Author: Shay Castle
Contact: Contact Page
Photo Credit: Charles Bertram/Lexington Herald-Leader Via The Associated Press
Website: The Pueblo Chieftain
University Applies To Research Industrial Hemp
Faculty and professors at Oregon State University are seeking permission from the federal government to conduct research on industrial hemp.
Proponents say hemp has many uses including paper, textiles, biodegradable plastics, and food products.
In addition, hemp requires limited pesticides and grows quickly. If approved, OSU researchers expect the results of their studies will be available in three to five years.
The growing and distribution of industrial hemp is regulated by the Federal Controlled Substances Act.
Jay Noller is head of the crop and soil science department at OSU. He says the seeds they are looking to acquire will be extremely low in the psychoactive ingredient THC.
Noller: “So it does not have the Schedule 1 drug of concern.”
Noller says thanks to Oregon Congressional Delegation and the 2014 Farm Bill, higher education institutions are allowed to conduct research if the school is located in a state where hemp cultivation is legal.
News Moderator: Jacob Redmond 420 MAGAZINE ®
Full Article: Oregon State University Applies For Permission To Research Industrial Hemp
Author: Desmond O’Boyl
Contact: Contact Page
Photo Credit: Dylan Lovan/The Associated Press
Website: KLCC News