North Carolina awards economic development grant to new hemp processing plant
North Carolina is giving a hemp processor $100,000 to set up a new facility. Carolina Botanicals, a commercial processor of hemp biomass, will invest $3.46 million in its new processing plant in Tabor City, in southeastern North Carolina. The plant is projected to create 30 jobs. The $100,000 grant... Read more
Lawmakers in North Carolina are considering a bill that would allow farmers in the state to grow hemp. The measure, the North Carolina Farm Act of 2019 (Senate Bill 315), would classify hemp as a “viable agricultural commodity” and permit farmers to cultivate and sell the crop. Hemp agriculture... Read more
Up to 3 ounces would be legal under marijuana possession bill reintroduced in NC Senate
A Forsyth County legislator reintroduced Wednesday a Senate bill that would make it legal to possess up to 3 ounces of marijuana for personal use. However, Senate Bill 58 would allow individuals to be charged with a Class 1 misdemeanor if they exceed 3 ounces of marijuana. The bill would go... Read more
Chart: Fast-rising CBD still trying to make inroads with mainstream retailers
CBD’s meteoric rise in popularity has hemp growers finding all kinds of market opportunities that don’t exist for THC products, including yoga studios, pet boutiques, gyms and coffee shops – all foreign territory for marijuana-derived products. One Kentucky hemp producer even has CBD products being sold in tractor supply stores;... Read more
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