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Missouri Awards Grants to Four Hemp Fiber Processors | Cannabis Business Times

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Missouri Awards Grants to Four Hemp Fiber Processors

The grants are meant to expand fiber processing capacity in the state.

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The Missouri Department of Agriculture has awarded grants to four hemp processors to expand fiber processing capacity in the state.

The maximum award amount was $200,000 with a minimum 25% cash match required. The funds came from $700,000 appropriated by the Missouri General Assembly to build out the state’s hemp fiber processing infrastructure.

The businesses that received grants are:

“I feel so lucky and grateful to live in a state with a supportive government that understands the massive positive impact that hemp will bring to Missouri’s economy, ag communities, and the environment," said Patrick Van Meter, the CEO and co-founder of Midwest Natural Fiber, in an email. "Agriculture is the number one industry in Missouri, and adding hemp as a dependable rotational crop makes it even better.”

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