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Hemp Channel

Tue
15
May

Oregon cannabis growers turning to hemp as CBD extract booms

A glut of legal marijuana has driven 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.

Mon
14
May

'Hemp's the new gold rush': What happened when legal marijuana sent prices to rock-bottom

A glut of legal marijuana has driven 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 licences to grow hemp — marijuana's non-intoxicating cousin — have increased more than twentyfold since 2015, and Oregon now ranks No 2 behind Colorado among the 19 states in America 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.

The two-story building where he grew 200 pounds of weed a month sits nearly empty, and a greenhouse built to expand his pot business is packed with hemp plants instead.

Fri
11
May

Colorado supports hemp legalization at national level

Hemp is gaining legitimacy in Colorado and federally, despite resistance from the U.S. Drug Enforcement Agency.

Industrial hemp is a genetic cousin of marijuana, but without the psychoactive ingredients. It is grown commercially for a many products, including textiles, fuel, food, paper, construction materials and medicines.

Colorado voted to legalize hemp along with marijuana in 2012 under Amendment 64. The state has since passed additional laws in support of hemp, including one bill that was signed in Cortez last year.

Permits to grow hemp are issued by the Colorado Department of Agriculture, and are increasing. So far, 12 permits have been issued in Montezuma County, 12 in La Plata County, and three in San Miguel County.

Fri
04
May

U.S. appeals court denies hemp industry's attempt to reclassify CBD

The court ruled that the DEA can continue to classify hemp-derived CBD as a dangerous drug, even though the 2014 Farm Bill defines hemp as a legal plant separate from marijuana.

Wed
02
May

Oregon: Marijuana Company of America and Global Hemp Group announce acquisition of 109 acres for hemp CBD production

Marijuana Company of America Inc. is pleased to announce that the Company, in partnership with Global Hemp Group Inc. has acquired a 109-acre agricultural property in Scio, Oregon (the "Property") for the cultivation of high CBD yielding hemp for the upcoming 2018 growing season.

This particular property was chosen as it has a history of hemp cultivation over the last two growing seasons and contains a high level of organic matter in the soil, which makes it ideal for hemp cultivation. In addition, the property has appropriate irrigation infrastructure that includes sufficient authorized water rights to allow for irrigated cultivation, which is expected to greatly enhance yields of the proposed high CBD hemp cultivars that the partners are planning to grow on the property.

Tue
01
May

Mike Tyson's company wants to bring hemp growing business to West Virginia

Former heavyweight boxing champion Mike Tyson's company, Tyson Holistic Holdings, LLC., has come to West Virginia hoping to grow cannabidiol hemp.

Tyson's team is interested in growing hemp and other crops such as lavender and soy on reclaimed coal mine lands, officials from the company said. A presentation was held by officials with both Tyson's company and a West Virginia business in collaboration with Tyson's company Monday morning in Charleston. The presentation can be viewed below:

Tyson's team members currently are working to educate people in their plan to grow and how they say it can help the opioid epidemic in the area. The hope is also to help West Virginia's economy by growing hemp and using it as a medical source.

Wed
25
Apr

Hemp farming is growing in central Oregon

Hemp, distinct from marijuana due to its much lower THC content, can be grown in Central Oregon with none of the strict regulations required by its cousin. Matt Cyrus of Triple C Farms in Sisters, says hemp gets a bad rap, but according to the state of Oregon, it's a crop just like anything else growing in a field.

Thu
19
Apr

Colorado leads the hemp growing industry, but what does that mean?

In Colorado, our legal industry has produced a certain intellectual elitism when it comes to good weed. In other words, the state is crawling with cannabis snobs and marijuana know-it-alls.

Hemp, however, is another issue. Though marijuana’s cannabis cousin also enjoys protections in our state, most of us don’t know quite as much about this miracle plant, beyond the fact that hemp hearts are delicious and CBD from hemp is widespread. So, before you dig into the rest of this issue, here’s a quick explainer, brought to you through the expertise of Duane Sinning, assistant director of the Division of Plant Industry for the Colorado Department of Agriculture.  

What is hemp? Can it get you high?

Wed
18
Apr

Hemp is the multibillion-dollar cannabis opportunity few have heard about

If the move to make it legal succeeds, entire industries could be revolutionized.

Today, the U.S. is the world’s largest consumer of hemp products. But because of the federal prohibition imposed on cannabis and hemp, the U.S. is importing an estimated $100 million of hemp products each year.

That $100 million could soon be going back to American farmers and businesses, thanks to the recent introduction of the Hemp Farming Act of 2018 by Senate Majority Leader Mitch McConnell (R-KY). The bill, announced by McConnell and supported by a bipartisan group of senators, would “legalize hemp as an agricultural commodity and remove it from the list of controlled substances.”

Fri
13
Apr

Mitch McConnell has officially filed his promised hemp farming bill

Today, the Senate Majority Leader has made good on his words.

Mitch McConnell has officially filed his promised hemp farming bill.

Senate Majority Leader Mitch McConnell has officially filed his promised hemp farming bill on Thursday.

This bill, if passed, would legalize the cultivation of hemp and remove the plant from the list of controlled substances banned under federal law. The move would make good on McConnell’s promise to farmers who view hemp as a potentially lucrative crop.

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