An Irish startup looking to see more farmers growing hemp and using drones to do so has locked down $5.3 million (4.5 million euros) to get going.
Greenheart CBD says it is looking to expand its supply chain and find more hemp to turn into CBD.
The company grew hemp on 10 acres last year but is looking to contract with more producers, sending them seeds and drones to help cultivate them the hemp, co-founder Paul Walsh told Irish Times.
“I believe that drone technology could change everything,” Walsh said.
The startup is also planning to launch a digital currency and use the proceeds to buy new land for CBD production and explore industrial product lines.