The published post attributes commentary from Bruce Perlowin, CEO of Hemp, Inc., concerning new information that was released this month displaying that hemp is poised to turn into a significant crop in U.S. agriculture, surpassed by only soy and corn. In the post, Hemp, Inc. CEO Bruce Perlowin explains crucial motives why such a little portion of hemp tends to make it to the marketplace.
“The majority of hemp grown in America will by no means make it to the marketplace for a assortment of motives — it is not so significantly about not obtaining a purchaser,” explains Perlowin. “For instance, $51 million worth of hemp got wiped out in Oregon by hail, an unexpected three-day freeze, mold, and grasshoppers. Nonetheless, the largest cause why this hemp does not even make it to the marketplace is mainly because farmers do not have the processing facilities to dry and course of action their hemp. When it is time to harvest and course of action, hemp farmers do not have cash to dry biomass and there’s not sufficient warehouse space to do so at the moment.”