14 Jun Colorado Hemp Grows from Novelty to Industry with Potential
By Steve Raabe
Originally published by The Denver Post, June 14, 2015. View original article here.
The hype over hemp that erupted last year during Colorado’s first sensational flirtations with the marijuana look-alike is now starting to live up to expectations. A handful of growers in 2014 planted and harvested small-scale crops that attracted large-scale attention under hemp’s newly legal status.
This year, hype is being replaced with indicators of hemp’s industrial potential as seen in farm fields, factories, retail outlets and university laboratories. Hemp and its byproducts have a wide range of uses in nutrition, clothing, building materials, cosmetics and health.
“Hemp is currently a $620 million industry in the U.S.,” said Zev Paiss, executive director of the group. “Hemp can create tens of thousands of American jobs if businesses can grow, process and source their hemp in the U.S.”
On a 132-acre farm near the banks of the Arkansas River east of Pueblo [CBDRx, now called Functional Remedies] has 50,000 young hemp plants in containers ready to be placed in the ground. It’s the nation’s largest farm, according to Korybut, for growing hemp specially bred with high levels of cannabinoids, substances purported to have healing properties for conditions including cancer and seizures.
Read the rest of The Denver Post article HERE.