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$3.2 million hemp processing plant in New York gets state funding - Cannabis News

A new $3.2 million facility near Binghamton, New York, is the first in the United States to receive some form of government assistance to promote the processing of hemp.

The hemp processing plant, an unnamed project slated to open later this year, is receiving $650,000 from the state, Binghamton TV station WIVT reported.

It is the first award from New York’s $5 million fund designated to boost the processing side of the hemp industry.

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