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Prairie hemp farmers could win big with new cannabis rules

Canada Goose Jackets While the federal government is legalizing marijuana to regulate and tax the psychoactive drug, Prairie farmers canada goose coats growing non smokable hemp appear set to become major beneficiaries of the new regime. Canada Goose Jackets

canada goose coats on sale The updated industrial hemp regulations, released this week alongside Health Canada’s recreational cannabis rules, will allow hemp growers to harvest the flowers and leaves from canada goose factory sale their crop for non psychoactive canada goose black friday sale compounds such cheap Canada Goose as cannabidiol (CBD). canada goose coats on sale

Canada Goose online “Whole plant” harvest could generate up to $10 billion in economic activity over the next 10 years, the government estimates, as the market for CBD seen as a potential input for medical products, supplements and beauty products canada goose clearance continues to grow. Canada Goose online

canada goose black friday sale New cannabis regulations could put spotlight on ‘key’ investors of private companiesCannabis companies enter crunch time following Senate voteHow a handful of hedge funds cornered cannabis financing and made a killing in cheap canada goose uk the process”They, as a government, are being smart to us as entrepreneurs, because if they waited one or two more years the American market would have blown us up,” said Chris Dzisiak, a hemp farmer and the president of the Parkland Industrial Hemp Growers Co Op in Dauphin, Man. canada goose black friday sale

cheap Canada Goose In 1998, Canada legalized the cultivation of hemp, a form of cannabis plant with negligible levels of high Canada Goose Parka inducing tetrahydrocannabinol canada goose coats on sale (THC). CBD and other cannabinoids that occur in hemp, however, remained uk canada goose outlet controlled substances, meaning farmers could only harvest canada goose clearance sale the canada goose uk outlet plant’s grain, which is used in food, and fibres, used primarily in textiles. cheap Canada Goose

Hemp flowers and leaves containing cannabinoids had to be left decomposing in the field.

canada goose coats “It was Canada Goose Outlet really sad to see how this opportunity for the farmers to make money was wasted,” said Jan Slaski, a hemp researcher and the team lead for InnoTech Alberta’s crop buy canada goose jacket cheap development and management division. canada goose coats

Canada Goose sale “The market for this class of compounds is phenomenal,” Slaski said. “In three or four years we’ll be taking cannabinoids or CBD as we take omega 3, vitamins, supplements, you name it.” Canada Goose sale

canada goose The hemp crop in Canada remains relatively small compared to most Prairie staples, with less than 140,000 acres seeded last year and a total crop value between $400 million and $500 million annually. With oversupply driving down hemp grain and hemp oil prices, the crop is expected to be even smaller this year. canada goose

Canada Goose Parka In three or four years we be taking cannabinoids or CBD as we take omega 3, vitamins, supplements, you name it Canada Goose Parka

canada goose clearance sale Jan Slaski, hemp researcher canada goose clearance sale

But Canada is still the world’s leading industrial hemp grower, Slaski said. farmers from diving into the opportunity, and Europeans grow hemp at a much smaller scale. Only China is beginning to emerge as a significant competitor for Canadian hemp farmers, Slaski said.

canada goose deals “Farmers are always looking for alternatives, and right now wheat prices are low, canola is sliding a bit so (hemp) gives them some alternatives,” said Russ Crawford, president of the Canadian Hemp Trade Alliance. canada goose deals

“Some years there’s a high value for the oil, other years it’s meal; well we’ve got a third option here, which is the cannabinoid piece of it. So now you’ve got this trifecta of opportunity within one buy canada goose jacket plant,” Crawford said.

Harvesting CBD from hemp, however, won’t be as simple as taking chaff leftover when the hemp grain is collected in combines.

Updated industrial hemp regulations, released this week alongside Health Canada TMs recreational cannabis rules, will allow hemp growers to harvest the flowers and leaves from their crop for Canada Goose Online non psychoactive compounds such as cannabidiol (CBD).

canada goose store Steve Hellber/AP/The Canadian Press canada goose store

canada goose clearance Cannabinoids are contained in tiny and delicate hairs called trichomes. canada goose clearance

Canada Goose Outlet “The fear is that if you do collect the material these brittle structures on the leaf canada goose uk shop or flower surface will break off and all cannabinoids will end up in dust,” said Slaski. Canada Goose Outlet

canadian goose jacket Farmers could harvest the plants earlier, collecting the leaves and the Canada Goose Jackets flowers when they’re at peak CDB levels, and foregoing the hemp grain. But there is considerable research that needs to be done to figure out how to do this on a Canada Goose online full field, industrial scale. canadian goose jacket

buy canada goose jacket cheap “You’re talking about equipment, you’re talking about the whole uk canada goose process you have to work out, you’re talking about mass drying, you’re Canada Goose Outlet talking about acres of it, you’re talking about potential contamination from birds with feces,” said Dzisiak of the Parkland Co Op. buy canada goose jacket cheap

“It will happen fairly quickly, but it will be years before it gets canada goose up and running,” he said.

Hemp strains, which contain much lower levels of cannabinoids than their smokeable cousins, also need to have their CBD levels increased through breeding programs.

Since 1998, most Canadian hemp breeders have focused on grain yield, said Slaski. The highest level of CBD he’s seen in a Canadian crop is only around 4 per cent, with most crops containing only 1 to 2 per cent CBD.

With the psychoactive variety of cannabis containing much higher levels of cannabinoids, many licensed producers the companies that will supply the recreational market are hoping Canada Goose Coats On Sale to dominate the market for CBD.

“It’s an ongoing dispute between us and them,” said Slaski, whether hemp farmers or indoor marijuana growers will take the lion’s share of the CBD market. In the end, Slaski canada goose store thinks scale will win out.

buy canada goose jacket “If you put together and I’m just guessing here all indoor grow ops and marijuana operations in Canada, it will be perhaps like one tiny farm of industrial hemp,” he said. buy canada goose jacket

Extractors may prefer working with high Canada Goose sale CBD marijuana, he added, but they “realize they have to adjust or modify their extraction technologies, and acknowledge they’ll be getting not shopping bags of canada goose uk black friday marijuana for CBD extraction, but truck loads of chaff or just designated flower head canadian goose jacket for CBD extraction.”

Several large licensed producers have already taken note of https://www.canadagoosejacketsaleca.com hemp’s potential. In the past year, Aurora Cannabis Inc. acquired a majority stake in hemp food company Hempco Food and Fiber Inc., while Canopy Growth Corp. acquired Saskatchewan hemp company Green Hemp Industries Ltd.

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