South Carolina’s hemp industry set to grow again this year

SOUTH CAROLINA (WPDE) — Department of Agriculture officials said that 323 farmers have applied for permits to be able to grow hemp in South Carolina. Last year, 265 farmers grew the crop. It was first legalized in 2018 and grown by 20 people that year. READ MORE…

Hemp Is Much More Than CBD

Yet, the potential of hemp lays beyond CBD. Indeed, as the market becomes saturated, and the value of hemp and CBD declines (the aggregate price of hemp biomass dropped by 79% from April 2019 to April 2020), U.S. companies will need to — and should — turn to other product offerings. READ MORE…

Companies Partner with Researchers to Identify New Uses of Hemp Products

NEW YORK, March 25, 2021 /PRNewswire/ — The CBD market is estimated to hit the $23.7 billion mark by 2023, with the US likely to be one of the more lucrative markets for hemp-derived CBD products, with almost all states having legalized hemp-derived CBD. Research institutions are also looking into the effects that hemp-derived CBD has on the body. […]

COEXIST Build: a Sustainable Future With Hemp Construction Materials

COEXIST Build is a design firm owned and operated by wife and husband team Anastasiya Konopatskaya and Drew Oberholtzer whose focus is on designing healthy, environmentally friendly buildings and supplying the industry with healthy building materials, such as hempcrete blocks and hemp batt insulation. READ MORE…

6 KEY PROVISIONS OF USDA’S HEMP FINAL RULE NOW IN EFFECT

The USDA’s final rule regulating the domestic production of hemp in the U.S. was published at the beginning of 2021 and went into effect March 22, 2021. This final rule builds on the October 2019 interim final rule that established the U.S. Domestic Hemp Production Program. READ MORE…

Hemp House set for launch

SET-listed NR Instant Produce (NRF), a producer of vegetarian and plant-based food, is preparing to open Hemp House, which sells hemp-based products, aiming to form a cafe-style hub under a franchise business model. READ MORE…

Demand Is Booming For Delta-8

According to the January 2021 Hemp Benchmarks report, there is an increasing demand for delta-8 THC, which is not derived from hemp plant material but synthesized from extracted CBD. This is helping drive sales of crude CBD oil, CBD Isolate, and some wholesale CBD products. READ MORE…