Hemp Cultivation, Processing & Extraction News

Sanitas Peak to invest $3M in hemp producer Colorado Cultivars

Sanitas Peak, a Boulder, Colorado-based investment group, said it has placed a $3 million debt facility with Colorado Cultivars, a producer of industrial hemp. Proceeds from the loan primarily will be used to develop production and processing facilities at the company’s main farm in Eaton, Colorado. Colorado Cultivars grew 1,500 acres of hemp in 2018 […]

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Grain company converting Indiana food factory for CBD manufacturing

Colorado-based PHM Brands, which specializes in agricultural-based ingredients and blended products, is venturing into industrial hemp, starting with a CBD factory in Indiana. PHM purchased a Prinova wheat germ plant in Michigan City, Indiana, but found that demand and sales for that product were short. The company opted to instead convert the factory for industrial hemp processing […]

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‘Rocky, risky and untraveled’: Prominent analysis firm offers warning about hemp

A global agricultural research firm called hemp farming a risky business based on inconsistent pricing and production data and an unstable market. RaboResearch Food & Agribusiness said that while the U.S. hemp industry is poised for growth, there are serious financial, regulatory and agronomic risks that farmers and investors must understand. “The road ahead is rocky, […]

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New opportunities, some headaches

The Farm Bill’s passage presents marijuana cultivators, extractors, manufacturers and retailers with a boatload of federally legal business opportunities by way of hemp-derived CBD. But the pivot from a mainly marijuana company to a CBD firm is fraught with regulatory hurdles, gray areas and logistical challenges. Entering the hemp-derived CBD space isn’t as simple as […]

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Can big and small fish coexist in hemp?

Assuming the U.S. Food and Drug Administration develops health and safety regulations for CBD products, larger hemp companies with more capital may be poised to gobble up mom-and-pop hemp companies to supply big consumer-packaged-goods companies with CBD. In other words, the hemp industry may grow in acreage but contract in participants. For GenCanna, a Kentucky […]

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New South Carolina law opens up unlimited hemp production

Another Southern state is increasing farmers’ opportunities to produce hemp with a new law signed this week. South Carolina Gov. Henry McMaster signed a bill expanding the number of growers who can participate in the state’s hemp program and eliminating a cap on the number of acres they can grow. Last fall, the state licensed […]

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US hemp map: Regional strengths, weaknesses for the industry

As the hemp industry has grown, a variety of states also have developed in different ways. Here’s a look at how the industry has developed – and what hemp entrepreneurs can look forward to – in the different regions across the country. The Hemp Cradle For years, Colorado led the nation in industrial hemp production […]

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Do’s & don’ts of hemp cultivation

The Farm Bill opens a raft of opportunities for would-be hemp cultivators, including marijuana growers and smaller, traditional crop farmers. But doing it well requires shrewd planning and savvy dealmaking. When mulling a foray into growing hemp, consider the following: Ask for payment up front when making a deal to cultivate on behalf of another […]

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EPA awards research funds for hemp concrete improvements

Hemp’s potential in sustainable construction has won some California researchers a grant from the U.S. Environmental Protection Agency (EPA). Researchers at the University of California, Riverside, have been awarded more than $12,000 to study a new way to process hemp for hempcrete. The students will experiment with a cleaner way to process hemp fibers to […]

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