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Business Issues/Benchmarks > Future of Hemp Industry | Cannabis Business Times
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Future of Hemp Industry: Page 5
Montana, South Dakota, Oregon Report Most Acres of Hemp Planted in 2022
The three states planted 8,400 acres of hemp, accounting for roughly 30% of the national total.
Hemp Numbers Plummet Across the Board in 2022 USDA Acreage and Production Survey
The value of industrial hemp totaled $238 million in 2022, down 71% from $824 million in 2021.
Keeping Hemp Traditions Alive
In a region of Southeast Asia, women of the Hmong ethnic minority hand-make their own hemp textiles with a process they’ve maintained for centuries, and the fabric is both part of their everyday and ceremonial lives.
Hemp Building Institute Opens to Help Progress Industry Forward
HBI President and Founder Jacob Waddell will work alongside a board of directors of industry professionals to help tackle industry-wide barriers and establish the necessary standards and testing procedures for hemp building materials.
Industry Associations Weigh In on 2023 Farm Bill: What’s to Come for Hemp?
With the 2018 Farm Bill set to expire this year, CBT reached out to hemp industry stakeholders to discuss what reforms they are advocating for in the 2023 Farm Bill to address pain points and benefit the hemp industry.
First Cannabis Beverage Distribution Center Opens in Minnesota
Fair State Brewing Cooperative has launched Minnesota's first cannabis co-packing distribution center exclusively for hemp-derived beverages.
Texas A&M AgriLife Researchers to Develop New Hemp Varieties
The researchers received a two-year $201,174 grant from the United States Department of Agriculture National Institute of Food and Agriculture to develop the hemp cultivars.
New York Governor Signs Legislation to Expand Market Opportunities for Hemp
The legislation is designed to promote the use of industrial hemp cultivated in New York for use in other industries such as construction, food, fiber, packaging, and more.
USDA Grants Tennessee State University Nearly $5 Million for Hemp Fiber Research
The project is designed to “promote the value of market development to a cross-section of production agriculture, including small, medium, and underserved producers across the state of Tennessee.”
Deadline Extended for Hemp to be Tested by DEA-Registered Labs
The USDA delayed the testing deadline due to there being an “inadequate” number of DEA-registered testing facilities.
CBD and MLB: Q&A With Charlotte's Web Co-Founder Jared Stanley
Jared Stanley, co-founder and COO for Charlotte’s Web, discusses the company’s groundbreaking partnership with MLB, and how it plans to educate a new segment of consumers going forward.
Hemp Innovations Foundation Funds Hemp Recycles Research Study
The study aims to determine the viability and sustainability of using hemp fibers for paper making versus traditional wood paper pulp.
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