industrial hemp

 The Explosive Growth of Industrial Hemp and Its Many Uses

Farmland Assets is involved in pursuing responsible cultivation and exportation of industrial hemp. We will offer security tokens
to fund the purchase of prime agricultural land and physical assets necessary to support the planting and harvesting of industrial grade hemp plants.

Industrial hemp has been grown in the United States since our forefathers founded the country. The first drafts of the Declaration of Independence were written on paper made from hemp.

Hemp’s initial downfall in the United States can be traced back to the 1937 Marihuana Act which imposed taxes, and regulated cultivation and the sale of cannabis products. The culprit was claimed to the federal bureau of narcotics who needed something to focus on when prohibition was repealed.

Then the federal Controlled Substances Act of 1970 classified all forms of cannabis as a Schedule I drug, making it illegal to grow any form of hem in the United States. As a result, the United States became a major importer of hemp-based products from such countries as India, China, Europe and Canada.

The federal 2014 Farm Bill re-defined industrial hemp as distinctly different from marijuana and authorized institutions of higher education or state’s department of agriculture in states that legalized hemp cultivation to regulate and conduct research and pilot programs. Additionally, the 2014 Farm Bill established a definition of industrial hemp, officially setting the THC thresholds in the U.S. at 0.3 percent on a dry weight basis.

The federal 2018 Farm Bill went several steps further and legalized production of industrial hemp as an agricultural commodity, while removing it from the list of controlled substances. The 2018 Farm Bill also listed industrial hemp as a covered commodity under crop insurance and directed the Federal Crop Insurance Corporation board to streamline the process of developing industrial hemp policies.

While the 2018 Farm Bill provides a great deal of freedom in the cultivation of industrial hemp, states first need to submit their industrial hemp plans to the USDA for review and approval which approval will occur once the USDA and FDA complete their federal guidelines and policies which is planned to occur before the 2020 growing season. The State of South Carolina has submitted their plan to the USDA.

THE HISTORY OF INDUSTRIAL HEMP IN THE united states

The passage of the 2018 Farm Bill will bring sweeping changes in the balance of power in global hemp markets as the U.S. will transition from being a hemp-derived seed, textile, CBD, and industrial product importer to a global exporter. New Frontier Data forecasts that the U.S. hemp market will expand to lead the global hemp industry by 2022 representing 33% (ie: $1.9b)of a $5.7 billion global hemp market.

Removing industrial hemp from the Controlled Substance Act will also have immediate impact and create a financial domino effect. Private and public capital markets will gain confidence and provide more robust financial sources to industrial hemp related companies. Ultimately, mass-market retailers will begin to carry hemp-CBD brands. To date, the mass-market retail channel for hemp-derived CBD has seen less than $1million in hemp-CBD sales.

MARKET GROWTH

Hemp Business Journal reported in October 2018 that the United States hemp-based product sales reached $820 million in 2017.

Huge Pending Market Swing As the United States Transitions From a Major Importer to a Net Exporter of Industrial Hemp-Based Products. Due to the past growing restrictions, the United States has historically been the largest global importer of hemp products.

University of Tennessee Institute of Agriculture estimates China has
an estimated 150,000 acres under cultivation, Canada an estimated 100,000 acres under cultivation and Europe an additional 50,000 acres. The United States hemp acres (field and greenhouse) grew from 25,700 acres in 2017 to over 78,000 acres in 2018 which is forecast to triple or quadruple in the next few years.

The passage of the 2018 Farm Bill will bring sweeping changes in the balance of power in global hemp markets as the U.S. will transition from being a hemp-derived seed, textile, CBD, and industrial product importer to a global exporter. New Frontier Data forecasts that the U.S. hemp market will expand to lead the global hemp industry by 2022 representing 33% (ie: $1.9b)of a $5.7 billion global hemp market.

Removing industrial hemp from the Controlled Substance Act will also have immediate impact and create a financial domino effect. Private and public capital markets will gain confidence and provide more robust financial sources to industrial hemp related companies.

Ultimately, mass-market retailers will begin to carry hemp-CBD brands. To date, the mass-market retail channel for hemp-derived CBD has seen less than $1million in hemp-CBD sales.

cannabis PLASTICS – THE WAY OF THE FUTURE

New technology has found a new type of
eco-friendly polymer. No longer reliant on petroleum, these bio plastics are renewable, sustainable and can be made using hemp and other agricultural waste.

Conventional plastics linger in the environment and can even enter the food chain having detrimental effects on human and animal health.

The chart at right shows the rapid biodegradability of cannabis plastics made from industrial hemp.

Exclusive Offer

be the first to invest

Be a part of one of the first Asset Backed Agriculture Investment Programs in the world. Farmland Assets is offering security tokens that will be tied directly to your portion of industrial hemp-producing land. These tokens will not only increase in value as the land’s output increases but they will also pay you dividends.