Industrial Hemp

Hempitecture, an innovative company specializing in sustainable building materials, has secured $8.4 million in funding from the U.S. Department of Energy (DOE) for a hemp-centered initiative. Hempitecture's project includes a new industrial facility in Rogersville, Tennessee that will produce high...

The world-renowned German automobile manufacturer Volkswagen (OTCPK:VWAGY) could soon be changing the way it produces its faux leather. What Happened: The second largest auto maker in the world by vehicle sales partnered with the German start-up Revoltech GmbH to research and develop sustainable...

The industrial hemp market is poised for a significant expansion, with a projected growth of $13.90 billion from 2024 to 2028, driven by rising demand across various industries, particularly textiles. According to a recent report by Technavio, the market is expected to grow at a compound annual...

The German government wants to promote industrial Hemp. The German Federal Ministry of Food and Agriculture recently published a draft bill aimed at modernizing the policies surrounding industrial hemp cultivation and handling. The proposed Industrial Hemp Liberalization Act (NLG) is set to...

U.S. commodities platform PanXchange, trading in hemp and other sectors, has ceased operations. Funding Withdrawal The shutdown follows the withdrawal of promised funding from an undisclosed investor. A significant financial balance was unsecured, leading to the closure, reported Hemp Today. Carbon...

BC Leads Canadian Cannabis Sales Surge in April According to Statistics Canada, Canadian cannabis sales experienced a 1.3% increase in April, reaching C$411.7 million. Alan Brochstein reported that the growth was primarily driven by British Columbia, with sales in the province surging by 8.7% from...

During the annual workshop of the Nevada County Board of Supervisors, in California, Brian Foss, director of planning, said the county is looking into changes to cannabis regulation, from zoning to droning, the authorities are looking into efficient policies, reported local media. But there's...

Hemp hemp has three major markets, fiber, grain and building materials so why does CBD get all the attention? According to the Hemp Industry 2023 Opportunities Report, published by Let’s Talk Hemp, in several states, legislation related to limiting the cultivation of...

Thai Leaf Biotechnology, a private company in the hemp industry, and Cornell University will collaborate in the design and development of new hemp strains that are high in CBD and adapted to Thailand’s weather. The initiative seeks to “upgrade the Thai hemp market,...

Bees have been in crisis since 2006 when beekeepers first reported the sudden disappearance of entire colonies, though it took a while for the rest of us to sit up and take notice. The nonprofit Bee Informed released preliminary results of a study that shows commercial beekeepers in...

By Weederia via El Planteo. The Attorney General and Minister of Legal Affairs of Guyana, Anil Nandlall, announced that the National Assembly has approved the bill to regulate the cultivation of industrial hemp in the South American country. According to the new legislation, any cannabis plant with...

A study by Kansas State University found that feeding cattle industrial hemp may have beneficial effects on their health: reduce stress and increase the times they lie down, reported K-State News. The study was funded by a grant from the Agriculture and Food Research Initiative of the U.S....

iHemp’s Blain Becktold makes predictions for industrial hemp production in Michigan in 2020 and tells farmers they should consider adding hemp to their fields. Image Sourced from Pixabay

In the short while since last December’s passage of the 2018 Farm Bill, the market has started to make dramatic shifts. Cannabis companies like Canopy Growth Corp. (NYSE: CGC) have decided to go all-in on hemp, and existing hemp producers have begun to ramp up their production capacities. How...

Industrial hemp is set to be a huge economic driver in the not-so-distant future, even more so than medical cannabis or even recreational marijuana, Cynthia Salarizadeh told Benzinga during a recent conversation – while discussing Salar Media Group and Civilized Media Group’s recent...