In this episode of RealAg LIVE!, Ted Haney, president of the Canadian Hemp Trade Alliance (CHTA), tells us about some of the different uses for hemp, where he sees the industry going, and how producers can help them get there.
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- Can you make money off of hemp?
- End uses for hemp – food, feed, fibre, fractions
- New developments? We’ve seen the entry of three new players in the processing sector.
- There’s many different uses right now for hemp, and dual purpose farmers. We are trying to use that plant to the absolute maximum we can.
- Is hemp still 12-foot plants and a nightmare to harvest? It’s not such a nightmare anymore – there are plenty of varieties out there.
- Both Haney’s use hemp-based shampoo. We’ll let you do with that fact as you please.
- Feminized seeds should be commercially available in 2021.
- Feminized means that the seeds will produce only female plants. So they are all from male and female parent plants, but only produce females.
- Certification process is difficult. Working on that.
- How do we incentivize people to grow more acres? It’s tough. We have to be able to move the crop.
- Has there been any developments in the fibre processing side of hemp in Canada? Yes. Much more processing.
- CBD markets have strength, despite crash in the U.S. The alliance’s big push is to be able to put items such as CBD into the supermarkets and grocery stores. That will substantially increase demand.
- In the regulatory world, many people are looking at “who will make the move first,” and this is very prevalent when dealing with hemp and hemp extracts.
- The CHTA is working to look at the quality of hemp standing in the field to truly understand the quality for fibre creation.
- Finally hemp is starting to become more common, Canada and Europe lead the way.
- We accept regulation as a culture, so we are working together with standards.
- Pulses have faced a lot of the same things that the hemp industry is currently facing. Should we maybe take a look at how things have been done? No need to reinvent the wheel, here.