Hemp growers will have more young plant options to choose from as a result of a new joint venture between Vancouver-based plant company 3 Rivers Biotech and JRT Nurseries, a plant grower with locations in Aldergrove, British Columbia, and Lynden, Washington.
As a condition of the agreement, JRT Nurseries will provide full, exclusive access to its 14,000-square-foot tissue culture lab and 40,000 square feet of propagation greenhouses in Mount Vernon, Washington, to offer up to 12 million plants per year.
3 Rivers will provide hemp varieties sourced through breeder partnerships, manage hemp-related operations and propagate hemp clones from tissue culture to market and sell to hemp farmers.
The joint venture has secured initial funding, “despite the current economic chaos,” said 3 Rivers CEO Robert Allen in a statement.
“With a healthy treasury and wise, prudent management we see this venture as being successful in both the near and far term.”