Hemprise Bets on Federal Regulation of CBD with Construction of 100,000-Square-Foot Hemp Processing Facility

Hemprise launched in 2019 with the purchase of 25 acres of land in southern Indiana that will eventually house what the company claims will be one of the largest hemp processing facilities in the U.S. with 100,000 square feet of processing space when completed. (Photo courtesy of Hemprise)

The company is completing phase I of the buildout, which consists of a 10,000-square-foot workshop on about half of the property located in Jeffersonville. Hemprise plans to launch phase II of construction when cannabidiol (CBD) is a federally regulated ingredient for food, beverages and dietary supplements, according to Zheng Yang, the company’s general manager.