Leading The Revolution: My Hemp Journey

Michael Bowman, AKA “Mr. Hemp”, is the founding board chair of the National Hemp Association, and co-founder of First Crop. September 13, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. On a sweltering July night in 2017, I arrived in Washington, D.C. to meet a member of Law Enforcement Action Partnership who had ties close to the White House. By now, I’d become a long-time advocate for federal public policy, and, while I’d visited the capitol many times, this trip was different. This trip was purely agenda-driven, focusing on what had been missing from our industry since that November’s Presidential election; no clear message or directive in the hemp industry. Over a beer at the Dubliner, we discussed my concerns. I was assured the advisors around the President were largely in support of hemp as an agricultural economy. As it all turned out, the industry continued to grow, […]

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North Carolina Farmers Embrace Hemp as the Market for Tobacco Dwindles

Big investments in hemp processing facilities is creating a reliable market for a new cash crop to replace tobacco. June 11, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. Grandma and grandpa might raise an eyebrow, but a new generation of farmers in North Carolina have traded acres of tobacco for acres of the state’s newest crop — hemp. It’s actually been legal to grow hemp for research purposes in North Carolina since the passage of the Farm Bill 2014. Since then, farmers have been able to apply for a license to grow the crop under the state’s Industrial Hemp Pilot Program. Flash forward to the 2018 Farm Bill, passed in December, which legalized hemp and promotes it as a viable crop. What’s that saying? Legalize it and they will come? Yeah, something like that. Related: 4 Ways Hemp Could Build A More Eco-Friendly Economy With the […]

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Only CBD From American-Grown Hemp Is Legal

The hemp industry is already pumping new economic life into rural America. Farmers say that is exactly what Congress intended May 31, 2019 5 min read Hemp supplied the paper on which the founding documents of American indepedence were written and was a reliable cash crops for generations of American farmers from colonial time until the plant was effectively outlawed as a result of big money politics during the Great Depression. Now that hemp is once again legal, it is again a lucrative cash crop during hard times in rural America. What’s different is that now it is not fiber but cannabinoids, and specifically CBD, that make hemp valuable. But what’s the same is that farmers worry just as hemp fiber was muscled aside by big money invested in synthetic fibers in the 1930s, the big money of today will rush biosynthetic cannabinoids to market and squelch the potential of hemp to […]

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Mitch McConnell Is Positioning Himself as the Champion of the U.S. Hemp Industry

The Senate Majority Leader sees hemp as a boon for Kentucky farmers and his own reelection next year. April 18, 2019 4 min read Opinions expressed by Green Entrepreneur contributors are their own. Politics is legendary for making for strange bedfellows but it doesn’t get any stranger than hearing Senate Majority Leader Mitch McConnell, staunch Republican from Kentucky, tell reporters earlier this month that he is behind quickly cleaning up any “glitches” with the U.S. hemp industry. That’s an issue most would associate with Democrats but money talks and there’s a lot of money talking about hemp. McConnell, who successfully led the charge to legalize hemp farming in the 2018 Farm Bill, has vowed to do whatever is necessary to get a regulated hemp system running smoothly. McConnel, speaking in football analogies, described hemp supporters as in the “red zone,” according to the Associated Press. “I’m prepared to do my job … all […]

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CBD From Hemp Is Booming for Body, Mind and Business

Strong consumer demand for CBD and the prospect of a legal supply from domestically grown hemp is fueling a boom. December 26, 2018 4 min read Opinions expressed by Green Entrepreneur contributors are their own. Anna Trusty was finding it harder and harder to keep up with her five sons, four of whom she educates in her Chicago home. Instead of walking with her kids to the park a mile away, she was seeing doctors and looking for answers. Opioid medications gave her no relief. “I was using more and more, and they weren’t working,”  she said. Trusty’s doctor recommended medical marijuana, but she wasn’t ready to use something that’s still illegal on the federal level. Then a friend recommended cannabidiol (CBD). The compound comes from hemp, but unlike the psychoactive compound tetrahydrocannabinol (THC), which gives marijuana its kick, CBD won’t make anyone high. Industrial hemp is the same species […]

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CBD Is Just the First Huge Benefit From Legal Hemp

Hemp has vast potential as an environmentally benign source of many fundamentals of modern life. December 24, 2018 7 min read Opinions expressed by Green Entrepreneur contributors are their own. With the passage of the 2018 Farm Bill, the U.S. is on the brink of a hemp revolution that could affect industries ranging from construction to healthcare. By legalizing hemp the Farm Bill removes obstacles that have kept a versatile and economical crop down for decades. Here’s how the Farm Bill will create a multi-billion dollar industry, play a crucial role in the U.S. trade war with China, and help struggling farmers across the country. Related: Hemp Hemp Hooray! U.S. Legalizes Hemp The Farm Bill removes hemp from the Controlled Substances Act. First and foremost, the 2018 Farm Bill nationally legalized hemp. Before, hemp with more than 0.1 percent THC was classified as a Schedule 1 Controlled Substance, on par with […]

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12 Hemp and Cannabis Leaders Weigh In on the Farm Bill Headed to Trump’s Desk

With hemp just one step away from legalization, industry leaders predict far-reaching effects that will shape the future of cannabis in the US. December 13, 2018 7 min read Opinions expressed by Green Entrepreneur contributors are their own. Both the Senate and House of Representatives passed the 2018 Farm Bill this week, which includes provisions that would remove hemp from the Schedule 1 drug list, thereby making it legal for cultivation, processing, manufacturing and sale across the country. The last step to legal hemp is for President Trump to sign the 2018 Farm Bill. Once that happens, a new hemp industry can flourish in the United States, and as you can imagine, savvy entrepreneurs will have many opportunities to get involved.  The Farm Bill will have a far-reaching impact, including possible effects to the marijuana industry. For some time, industry experts have posited that the legalization of hemp could be a critical […]

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