Industry News

Industry News

  • Hemp catches Nithin Kamath’s attention, Zerodha founder wants to invest in startups working on the humble

    Busting the myths surrounding hemp, businessman Nithin Kamath – who recently made it to the 2023 Forbes World’s Billionaires List along with his brother and business partner Nikhil, took to Twitter to make more people aware of the humble hemp. Read More…

  • Hemp acres plunge 50%; value drops 71%, says annual USDA report

    The total value of hemp harvested fell even further in the USA last year, dropping 71% to just $238 million, down from $824 million in 2021. Flowers grown both indoors and outdoors brought in $205 million as harvested acres fell 43%, from 13,000 in 2021 to 7,105 acres in 2022; fiber fields produced $28.3 million in value as acreage dipped from 12,690 in 2021 to 6,850 last year; and grain valued at $3.63 million was turned out in 2022 as those fields shrank from 8,255 to 5,379 acres year-on-year, according to the report. Read More…

  • HP may legalise hemp to give boost to economy

    The state government will build a regulatory mechanism and study the other states before taking a final call. Sukhu said: “Our law will be based on complete information on the use of cannabis leaves and seeds. The central government has also legalised the cultivation of cannabis in some districts of Rajasthan, Madhya Pradesh, and Uttar Pradesh. Uttarakhand grows hemp for industrial use, while the NDPS (Narcotic Drugs and Psychotropic Substances) Act allows us to grow and ship cannabis.” Read More…

  • Canadian team’s hempcrete building is ‘carbon-minimal, beautiful’

    Designed with a goal to reach near-zero “embodied carbon” – the total amount of CO2 emissions associated with the production, transportation, and disposal of a material or product – the project is an initiative of Third Quadrant Design, an interdisciplinary team made up of 60 students from the university’s engineering, architecture, arts and business programs who worked alongside professional contractors. Read More…

  • Tao Climate Calls on UN to Globally Legalise Industrial Hemp to …

    “Tao Climate urges governments worldwide to recognise the power of industrial hemp and legalise it for commercial use,” said Gary Byrnes, the CEO of Tao Climate. “Only by growing hemp at scale can we mitigate the effects of climate change, build sustainable infrastructure, and create a better world for future generations. Read More…

  • Hemp to Make a Strong Showing at EarthX, World’s Largest Earth Day Celebration

    This year’s event will feature an EarthX Hemp General Store, powered by NoCo Hemp Expo. The store will showcase a variety of hemp products for display and sale, including T-shirts, hats, guitars, hemp-printed pocket constitutions for politicians and attendees of all political stripes, and other assorted hemp merchandise and CBD products. The purpose is to inform and educate, as well as to make hemp products available to the general public. Read More…

  • Vancouver welcomes first institutional building in Canada made with hemp

    It also makes use of recycled materials sourced from other buildings and construction sites around Vancouver, as well as windows, solar panels, appliances, and lumber that were saved from the landfill. Read More…

  • Now That Weed is Mostly Legal, Hemp Should Be Booming. But It’s Not

    There was only one problem: as a close cousin of marijuana, hemp farming had been banned in the United States as part of the crackdown on illicit drugs. The solution, hemp advocates said, was to legalize weed. Read More…

  • Indian government supports tech development for fibers with $1.4 million

    TDB, a part of the Ministry of Science and Technology, signed a deal with M/s Sahi Fab Private Limited, New Delhi, an apparel maker and fur processor, to advance solutions for the production and commercialization of stem material “agricultural waste.” Read More…

  • Why India is losing trillion-dollar hemp economy

    In 1930, Britishers banned cannabis, citing its unscientific negative effects, to introduce alcohol to India, which is addictive. Until then, Bhang was legal, and unfortunately, even after 72 years of independence, we are following Britisher’s policy on cannabis, conveniently ignoring cannabis use in Ayurveda. Read More…

  • Researchers in Argentina testing 15 hemp grain, fiber varieties

    Buenos Aires-based Industrial Hemp Solutions (IHS) said it is working with a research team from the Faculty of Agronomy of the University of Buenos Aires (FAUBA) on the cultivation seed trials. If all are approved, it would more than double the number of hemp varieties available to Argentina’s farmers, who are limited to just 13 now – most of which are for cannabinoid production. Read More…

  • Industrial Hemp Market is expected to witness a significant volume …

    The Industrial hemp market has been rapidly expanding in recent years, driven by the increasing demand for hemp-derived products across a variety of industries. The global industrial hemp market was valued at $5.33 billion in 2020 and is projected to reach $15.26 billion by 2027, growing at a CAGR of 14.0% from 2021 to 2027. Read More…

  • Tiny Pacific island nation of Vanuatu hopes to draw hemp investors

    Under the new rules, companies interested in entering Vanuatu must pay 10 million Vatu ($84,000) for a ten-year license, and must have 10 years’ experience in cannabis growing. Read More…

  • Italian Court Rules Hemp Flowers, Leaves are Not Narcotics

    The decision made by the Lazio Regional Administrative Court on February 14 overturned what the panel deemed an “‘absurdly restrictive’ decree [that] meant hemp leaves and flowers were considered narcotics in the eyes of regulators.” Read More…

  • Hempcrete takes ‘important step’ in U.S. by entering international code

    The ICC last September accepted an appendix governing the use of hemp-lime mixtures as a non-load-bearing building material and wall infill system into the 2024 International Residential Code (IRC). The last stage in the ICC process is completing official commentary that explains the code language, said Jacob Waddell, president of the Hemp Building Institute (HBI), a non-profit organization leading that effort. Read More…

  • Vanuatu signs off on medicinal cannabis and hemp regulations

    The Pacific island nation passed the Medical Cannabis and Industrial Hemp Act in 2021, but has only now confirmed how the law will work. Read More…

  • India Hemp Expo 2023 takes place in Mumbai

    India Hemp Expo 2022 in Delhi, the second edition of this pioneering event takes place from February 24 to 25, 2023, at the Nehru Center Exhibition Space in Worli, Mumbai. The expo will be attended by the largest gathering of hemp manufacturers, traders, Ayurvedic practitioners, and stakeholders. Read More…

  • Irish hemp grower to address EU workshop next week

    The comments come as the vice-chair and founder of the co-op, Kate Carmody, prepares to address the EU Parliament’s Committee on Agriculture and Rural Development (AGRI) next week. Read More…

  • Developers turn to hemp in search for greener materials

    When the Pierre Chevet Sports Hall opened last year in the tiny municipality on the outskirts of Paris, it was the first commercial project in France constructed almost exclusively of hemp blocks. And many hemp enthusiasts predict this is just the beginning. Read More…

  • Facebook reverses ban on Tasmanian Hemp Association posts after clarifying ‘prohibited’ products

    The state government-funded group, headed by hemp producer Andi Lucas, went to advertise its annual Community Education Day, only to find out they could not. Read More…

  • Italian trade groups cheer court ruling that hemp is not a narcotic

    The Regional Administrative Tribunal of Lazio annulled the decree and ordered authorities to adjust it to get Italian law in line with the EU. The groups filed the lawsuit shortly after the decree was issued in January 2022. Read More…

  • Zimbabwe strikes hemp from drugs list, sets THC limit at 1.0%

    The legislation, the Criminal Law Amendment Bill 2022, is intended to open up the market to a wider range of hemp genetics and business in local seed research, development and production in addition to expanded options for farmers. Read More…

  • Hemp industrial park in Ukraine aims to create production cluster

    The project, “MA’RIJANNI HEMP INDUSTRIAL PARK,” is to be based in the village of Rizhanni in the Zhytomyr Oblast, 140 kilometers west of Kyiv. Read More…

  • Kiwi bikemaker FTN using hemp for its bodies

    “I have a surfboard from Verdure Surf down in Lyall Bay, which is made from hemp, looks great and performs brilliantly,” said FTN co-founder Luke Sinclair. Read More…

  • Hemp growers needed to help advance research – Hemp growers …

    A stipend of $500 per year is available to offset participant expenses. Participating growers also have an opportunity to serve on an advisory group for the project, which will meet quarterly online. Read More…

  • Hemp Foods Australia secures partnership with Woolworths

    Under the agreement, the company’s certified organic Hemp Gold Seed Oil will increase its distribution from 100 Woolworths stores to 948 stores nationwide. Read More…

  • Argentina Launches New Hemp and Cannabis Agency

    In a conference launching the national hemp and cannabis agency, ARICCAME, Economy Minister Sergio Massa said, “This opens the door for Argentina to start a new path in terms of industrial exports, on the basis of huge global demand.” Read More…

  • French and Polish hemp varieties stand out in Australian trials

    Reports are coming in from hemp trials now ongoing in all six Australian states and the country’s Northern Territory to capture key performance data focused mainly on food and fiber production. Read More…

  • Hemp makes a comeback in the construction industry

    Mr Kaspin wanted a break from Israel, describing life in the country as complicated. “I knew I didn’t want to live there, in spite of having a good life with a good salary,” he says. Read More…

  • From face masks to designer clothes, startup turns hemp plants into wide variety of products

    Haneesh Katnawer, a production engineer from Himachal Pradesh, and Sonam Sodha, an MBA graduate from Gujarat, who are also a writer and dancer, respectively, have left their well-paid private sector jobs in Gujarat to launch the startup, Himalayan Hemp, a community of hemp farmers, artisans and innovators from the two hill states. Read More…