Good hemp farmers and processors understand the importance of consistent and stable hemp strains — but it takes precise science to breed cultivars with high levels of CBD, CBG, or specific terpenes while also meeting the federal government’s <0.3% THC requirements.
Industry Information Made KLER and Simple
Here’s the truth: Inventory management is a critical part of a successful hemp business. And the tools you’re using make all the difference.
The hemp industry is booming. According to a report by MarketsandMarkets, the industrial hemp market is expected to grow nearly 600% from $4.6 billion in 2019 to $26.6 billion by 2025. That means a massive opportunity to build strong, profitable businesses.
Any industry with massive potential needs more research to achieve and sustain success — and hemp is no exception.
Ironically enough, a new survey from the National Hemp Research and Education Conference confirms the need to expand what we know about hemp. The study surveyed hemp stakeholders across the country to find out what areas of research were most needed to help propel the hemp industry today and tomorrow.
No matter what your reasons are for having entered the hemp industry, one thing is clear: The link between hemp and sustainability is undeniable. Hemp, in all of its...
Consumers are demanding more honesty from their favorite hemp and CBD products — from ingredient lists to test results, manufacturing process details, and even labor...
In November 2019, NYPD officers from the 75th precinct posed with 106 pounds of confiscated marijuana they claimed was destined for the New York City streets. The...
Smokable hemp is among the fastest growing — and most profitable — segments of the hemp-CBD market. Annual sales are expected to grow from $70 million in 2019 up to $400 million by 2025. And although it is only a fraction of today’s $1.2 billion total hemp-derived CBD market, smokable hemp presents a lucrative opportunity for producers and retailers. Here’s what you need to know.
Disclaimer: This article provides an overview of the DEA’s interim final rule. It is for informational purposes only and not for the purpose of providing legal advice. You should contact an attorney with respect to any legal matter.
0.3% — it’s an absurdly low percentage that can make or break your entire hemp operation.
But that’s the limit set by Federal and state laws for the delta-9 tetrahydrocannabinol (THC) levels that can be in your hemp product.
What is hot hemp and why does it matter?
Anything above a 0.3% of THC level in hemp is considered “hot” — and illegal at the federal level. Cannabis with a THC concentration below 0.3% is classified as hemp, while plants above 0.3% THC are considered marijuana. This makes it wildly important to understand the sampling process and how to prevent hemp crops from overproducing THC.
In October 2019, the interim hemp sample collection guidelines were released. They outline precise requirements for collecting and analyzing THC levels. Among them: