Hemp Channel

Thu
31
May

Hemp planting could bring 'economic and environmental benefits' to Jersey

More hemp farming is going ahead in Jersey following a successful first trial season. The Environment Department has been looking at diversifying the island's crop pattern, due to the heavy reliance on potato and dairy farming.

Following the move, 2.5 vergees of hemp were grown in a secret location, which has now been revealed as Warwick Farm. The hemp harvested was of good quality, while the crop also gave a seed and oil yield which was "beyond expectation", according to the Environment Department.

Now farmers have started to plant around 260 vergees of hemp across the island. Scott Meadows, who is the Acting Director for Rural Economy, says hemp can be valuable to the island due to its pharmaceutical benefits.

Thu
31
May

Medical cannabis payment solutions announces acquisition of 40 acres to grow hemp

Medical Cannabis Payment Solutions (OTC:REFG), a Nevada corporation specializing in state-of-the-art financial services structured to serve the medical cannabis and banking industries, announced today that it has acquired 40 acres of agricultural land to cultivate hemp as part of Utah’s recently passed law, H.B. 302. 

The company will seek a license to grow hemp as part of the state’s Department of Agriculture and Food licensing program. In 2014, Utah passed H.B. 105, which allowed legal possession and use of CBD oil by registered patients with a doctor’s recommendation and intractable epilepsy. 

Wed
30
May

Senate committee approves $500,000 in funding for national database of hemp genetics

Agriculture experts argue that a strategic seed bank would help bring hemp cultivation further into mainstream farming, where crops are grown not as an experiment, but as an economic investment.

If a handful of U.S. Senators have their way, a treasure trove of cannabis seeds could soon be on its way to the federal government.

Mon
21
May

Australia: Northern Territory to green-light industrial hemp industry as hopes for medical marijuana continue

The Northern Territory Government is set to green-light the industrial hemp industry, and moves are afoot to commercially cultivate medical marijuana.

Draft legislation to legalise the growing of industrial hemp has gone to Cabinet, a Government spokesperson said, with new laws that would bring the Territory into line with other Australian states expected to pass by the end of the year.

A trial crop in Katherine has proven successful, with the region's climate conditions expected to give the NT a "big commercial advantage".

"Following a successful department trial, the Territory Labor Government believes there is serious potential to grow industrial hemp as a new job-creating industry," a spokesperson said.

Fri
18
May

Hemp all around us

Manufacturers seeking healthier, eco-friendly production techniques are turning to hemp. 

There are many different varieties of the cannabis plant. Hemp — also called industrial hemp — refers to the non-psychoactive (less than 1% THC) varieties of Cannabis sativa L.

Both hemp and marijuana come from the same cannabis species, but are genetically distinct and are further distinguished by use, chemical makeup, and cultivation methods.

Batteries

Hemp All Around Us

Fri
18
May

Canadian hemp is getting an olympic co-sign

A whole lot of cannabis is heading to Beijing in preparation for the 2022 Olympic Winter Games. And, no, it's not to help the athletes relax or get focused. Instead, this weed is being used in the construction of the game's bobsled track, writes Calvin Hughes.

Wed
16
May

6 common misconceptions about hemp

No, hemp is not marijuana.

That’s the most common misconception about the food product – legalised in Australia last November – and commonly used fibre.

So what is it?

While hemp and its more famous cousin, marijuana, are both varieties of cannabis sativa, one of the three main subtypes of the cannabis plant, they’re different in a number of ways.

Hemp contains negligible amounts of THC — the intoxicating substance in marijuana — and can’t get you high.

Marijuana can contain up to 30% THC, while hemp contains less than 0.3% (per dry weight) THC. Hemp has more CBD, a non-intoxicating compound with medical applications, than marijuana.

Wed
16
May

More marijuana growers are turning to hemp

While the everyone is itching to find their place in the legal marijuana industry, one group is already getting out of the pot game and turning to hemp.  Growers are seeing prices for marijuana drop at rapid rates impacting their bottom line. The Associated Press reports that “the retail price for a gram of pot has fallen about 50 percent since 2015, from $14 to $7.”

It’s All About Economics

Tue
15
May

Arizona governor allows industrial hemp

Arizona is the latest state to allow farmers to grow industrial hemp.

Gov. Doug Ducey on Monday signed legislation that funds a pilot program for growing hemp. The fiber form of marijuana can be used to create a variety of products like building materials, food, paper and textiles.

Ducey’s office says at least 34 states have passed legislation related to industrial hemp, and that the product will benefit Arizona’s economy.

The new law says hemp grown here cannot contain more than .3 percent THC, which is the psychoactive element of marijuana.

Growers, harvesters, processors and transporters will be required to get a license from the state agriculture department. The legislation also spells out penalties for anyone who violates the licensing requirements.

Tue
15
May

Aurora takes control of Hempco, increasing ownership to 52.7%

Aurora Cannabis Inc. (the "Company" or "Aurora") (TSX: ACB) (OTCQX: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Hempco Food and Fiber Inc. ("Hempco") (TSX-V: HEMP) are pleased to announce that, further to the Companies' press release of September 18, 2017, Aurora has exercised its right under a private option agreement with Charles and Angela Holmes.

Pursuant to this agreement Aurora has purchased an aggregate of 10,754,942 additional Hempco Shares (50% from Charles Holmes, 50% from Angela Holmes). Following the transaction, Aurora's ownership interest in Hempco now stands at 52.7% (50.12% on a fully-diluted basis).

Management commentary

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