Leaders in Canada’s hemp industry were hoping an expert committee would recommend significant changes to hemp regulations so it could be treated the same as wheat, canola and other crops. That didn’t happen. Instead, the committee of experts reviewing the Cannabis Act barely mentioned hemp in its 91 page report published March 21.
Hemp sector disappointed new report ignores deregulation
Is the long-predicted boom for the hemp sector nearly here?
Hemp is versatile and has lots of boosters, but it’s never been more than a niche crop on the Prairies
Reading Time: 4 minutes The hemp industry on the Prairies is slowly making strides and many believe — once again — that the sector is poised to boom. “We believe there’s a strong case for hemp in the world,” said Andrew Potter, CEO of Blue Sky Hemp Ventures, a company incorporated in Calgary but based in Saskatoon. Potter, whose […] Read more
Hemp acres expected to double due to crop versatility
MarketsFarm — Canada’s hemp acres are set to double in 2019, according to the most recent principal field crop acreage report from Statistics Canada. The hemp industry is experiencing somewhat of a boom as hemp products of all stripes enter mainstream consumer markets. “Health Canada is running at least double the number of hemp license […] Read more
Hemp prices seen likely to stay consistent in 2019
CNS Canada — Canadian prices for hemp likely won’t change very much in 2019, according to Clarence Shwaluk of Fresh Hemp Foods in Winnipeg. Even the passage of the U.S. 2018 Farm Bill, which would legalize hemp in that country, shouldn’t have much of an impact on prices. The new bill is expected to be […] Read more
Hemp acres, prices down for 2018
CNS Canada — With a large carryover from last year’s crop, hemp acres in Canada are expected to be down this year along with the price. “We had a bit of overproduction in 2017. It doesn’t take much to overproduce a crop when you’ve got 100,000 acres. So it’s a delicate, delicate balance,” said Russ […] Read more
Market demand for Canadian hemp exceeding supply
CNS Canada — As hemp users develop more uses for the plant and its seed, so too grow the demands on the crop. It’s a demand becoming tougher to fill, according to an industry expert, as the general public becomes increasingly interested in the plant. “You talk about canola being the miracle crop? Well, hemp […] Read more
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