Hemp is estimated to become a $600 billion industry in 2019, according to the Chicago-based Brightfield Group, and Iowa farmers could get a share of the money if they’re willing to grow it.
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Local hemp farmers are feeling some relief from the 2018 Farm Bill, which legalized hemp production at the federal level and clarified the crop’s murky legality.
“We actually teach our students how to plant the seed properly, how to cultivate the seed properly, how to harvest the crop properly and then what to do with the crop after it’s harvest,” said America’s Hemp Academy founder Joe Bisogno, Founder.
President Trump legalized the cultivation of industrial hemp Thursday when he signed a widespread, bipartisan farm bill aimed at boosting the agriculture industry.
Hemp advocates held a news conference Thursday in Denver to tout the expected legalization and thank Trump in advance for signing the bill. The president is expected to sign the bill next week.
A UConn plant science professor working with hemp plants has developed a way to maximize the production of female flowers, which produce significantly higher quantities of cannabinoids than male flowers.
Hemp holds a lot of promise as a material for the auto industry. It’s very strong and has a high tensile modulus, which is the ratio of stress to elastic strain in a material.
“In the U.S., we do everything with hemp -- we eat it, we wear it -- yet we haven’t been able to grow it. So we import approximately $60 million worth of hemp from overseas."
Congress could substantially help the industry by legalizing it nationwide, an idea approved in the GOP-led U.S. Senate this year, but one that hasn’t made it to the president’s desk.
On 14 plots scattered across Pennsylvania this year, farmers reintroduced what was once a dominant cash crop to the state: industrial hemp, the straight-laced, non-psychoactive cannabis cousin of marijuana.
Hemp-derived cannabidiol (CBD) is projected to be a billion dollar market in just three years in a new report by the data company Brightfield Group.
Last weekend brought Seattle Hempfest—AKA the biggest annual cannabis event on the planet—to the Seattle waterfront, for three days of pro-cannabis outreach, activism, music, mingling, marketing, and glorious sunshine.
KETCHUM, Idaho (KBOI) — It began when 26-year-old Mattie Mead discovered that hemp could be used as a building material his senior year of college.
A bipartisan group of lawmakers are again calling for industrial hemp to be legally separated from marijuana in the Controlled Substances Act, and advocates believe they might just have the political momentum to succeed.
BISMARCK, N.D. - North Dakota's first crop of industrial hemp is showing promise, with returns better than a lot of other commodities.
For now, the Boring Hemp Co. is focusing on producing hemp seeds, which have been in short supply as the nascent industry finds its legs in the state.
