Hemp Channel

Mon
21
Oct

Some Indiana farmers uncertain hemp will become profitable

Some Indiana farmers have started harvesting their first legal crop of hemp without knowing for certain whether it will prove to be lucrative.

President Donald Trump signed the 2018 Farm Bill in December , legalizing hemp. Since then, Indiana farmers have taken out permits to grow thousands of acres of hemp for its fiber, seed and cannabidiol, or CBD, a non-intoxicating compound also found in marijuana.

The hemp flowers and seeds can be processed for fiber to make paper, cloth, rope, wood-like material or hemp concrete.

Mon
21
Oct

Michigan hemp farmers collect first harvest for CBD products

Farmers harvesting the first batch of legal hemp Friday said they could be looking at Michigan’s next big cash crop.

For the first time, nearly 600 farmers are harvesting legal hemp across the state. The Michigan Department of Agriculture and Rural Development issued the first industrial hemp licenses to farmers earlier this year, allowing local entrepreneurs to enter the market for hemp-infused healthcare products -- promoted as a treatment for headaches, chronic pain and anxiety -- that consumers are finding everywhere from retail storefronts to shelves in Family Video stores.

Mon
21
Oct

Hemp may soon be big business for Texas farmers

Industrial hemp and it’s blossoming future in Texas is a popular topic these days, admits Joshua McGinty, AgriLife crops expert.

“There’s a lot of people who show up for and against hemp production,” said McGinty, an assistant professor and extension agronomist at Texas A&M. “But either way, they show up – and pay attention.”

At 7 a.m. Wednesday, McGinty will offer his presentation “Current Legal Status and Possible Hemp Production in Texas” at the Victoria Community Center, 2905 E. North St.

Since Texas hemp production was made legal as of Sept. 1, many South Texas farmers have wondered whether the controversial crop is also profitable.

Thu
17
Oct

Cannabis and hemp bring mixture of impacts to Oregon

How’s it going with legal recreational cannabis in Oregon after four years? Addressing a conference on Occupational Safety & Health in Ashland, a man from the governor’s office said it has been a complicated, controversial journey.

Among the state’s findings, said Jeffrey Rhoades, senior marijuana policy advisor to Gov. Kate Brown, is that pot use by youth 12 and older rose 9% between 2008 and 2016, the year after legalization.

Some of that increase could be because youth feel more free to tell the truth now that it’s legal, so it’s hard to know for sure, added Rhoades.

Tue
15
Oct

Indiana, Michigan farmers harvest first legal hemp crop since WWII

If Don Zolman were a quitter, he might have given up on the hemp crop that he’s begun harvesting just east of downtown Warsaw.

A chilly and rainy spring either washed out some crops or delayed planting for many farmers in the Midwest, including those who were trying to legally grow hemp for the first time since it was cultivated during World War II to produce everything from parachute chords to rope.

Following hemp’s decriminalization in the 2018 Farm Bill, permits were taken out to grow thousands of acres of hemp for its fiber, seed and cannabidiol or CBD content in both Indiana and Michigan.

Mon
26
Nov

Hemp and CBD: Potential for big profit, but risky business for farmers

Few cash crops carry the allure — and risk — of industrial hemp. 

The potential for big money is there: Americans import about $500 million worth of hemp annually from places like China, while it grows well in local soils.

Only in 34 states, including North Carolina, is it legal to grow hemp, a cousin of marijuana that by definition contains no more than 0.3 percent of the psychoactive chemical THC.

One of the most profitable hemp products is cannabidiol or CBD, a compound extracted from the plant's flowers.

Touted as a miracle cure, CBD is said to treat ills from arthritic pain to anxiety, and products from tinctures to energy drinks have exploded across the retail landscape. 

Fri
06
Jul

New York governor announces further action to support medical marijuana and industrial hemp

New York’s Governor issued the following press release earlier this week:

Governor Andrew M. Cuomo today announced further action to support the development of medical marijuana and industrial hemp businesses in New York, directing the Department of Financial Services to provide guidance to support the safe and sound provision of banking services for these businesses.

Mon
02
Jul

U.S. Senate overwhelmingly votes to legalize hemp

After months of rumors that the United States Senate would legalize hemp, on Thursday they finally pulled it off.

The U.S. Senate voted 86-11 on a massive new farm bill. Included in the farm bill is a provision that will legalize hemp once again as an agricultural commodity. The bill would remove hemp from the federal list of controlled substances and allow states to regulate its sale, writes Joseph Misulonas.

Mon
25
Jun

Meet the awesome women behind the scenes of hemp and cannabis beer

It’s pretty hard to come across nearly any kind of product that doesn’t have a hemp or cannabis element to it yet. Soap, clothing and textiles, foods and desserts, beauty products of all kinds, medicines, TV shows—even weddings are getting all sorts of danked up. Now, one of the more recent in a long line of offerings incorporating pot into their production is beer.

Thu
21
Jun

Oregon marijuana growers turning to hemp as CBD extract explodes

A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet, one that doesn’t come with a high.

Applications for state licenses to grow hemp, marijuana’s non-intoxicating cousin, have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived extract called cannabidiol, or CBD, seen by many as a health aid.

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