NIHC will also provide oversight and support for individual hemp companies who receive matching federal funds under this agreement. Pure bast fiber makes up 35 percent of the raw product. Check out all the latest news related to Texas economic development, corporate relocation, corporate expansion and site selection. Whether you’re looking for tips, the latest news or curated photography, here’s our November roundup of some of our favorite hemp-related social media accounts. The fiber will be refined for textile applications, and the hurd will be processed for a variety of industrial purposes. “We believe very strongly in Kansas agriculture—and agriculture in general—and we're very proud of the state that we all grew up in and the farming community that we're in. We are a large-scale industrial hemp fiber processing facility, located in Marion, Indiana. It’s the start of what Melissa and her team see as a bountiful opportunity for farmers interested in diversifying their portfolios and selling into a growth market. There was one notable loss amid a successful election night for the hemp industry as House Agriculture Committee Chairman Collin Peterson (D-MN) lost his reelection bid. Panda Biotech selected Wichita Falls based on an available outstanding facility, the city’s geographical location, access to highly experienced Texas producers, an excellent workforce, a low cost of living and pro-business community. This North Carolina-based farm and processor shows off both sides of its business on its Instagram page, featuring photos from its towering hemp crop and scenic farm to its prerolls and CBD tinctures. "Richard, Aaron, and I had always had that vision,” Melissa says. Sun+Earth Certified is a non-profit certification program for regenerative organic cannabis and hemp farms. With a variety of images showing its hemp crop, VJ Farms in Palestine, Texas uses its page to humanize its brand by taking visitors behind the scenes of its operation. So, the South Bend team cooked up a new plan: They would build out their own fiber processing plant. IND HEMP hopes to have the new fiber facility up and running in about a year, potentially adding 35 jobs to central Montana's economy. The Galleria, 2 Bridge Avenue, Suite 231 Red Bank, NJ 07701 Call 732.842.7433 or 800.524.0337 | Fax: 732.758.6634. Shenandoah Valley Hemp LLC will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol oil, or CBD, extraction facility in … If risk is the name of the game, the South Bend team at least has decades of experience to draw upon in this endeavor. “The facility we’re moving into boasts 11 acres under roof and enough land to allow for expansion into strategic, new business endeavors that Panda is planning. These funds are used for companies to market their products directly to international purchasers. With the House and Senate Agriculture Committee chair positions open, hemp industry leaders are now looking to who may fill those spots. At full production, the two 10-ton/hour decorticators are expected to process close to 300 million pounds of Texas-grown industrial hemp per year. And farmers aren’t going to put those crops in the ground if there’s nowhere to sell them. Sweetwater Hemp has been producing pure and potent full-spectrum CBD oil. Tiger Fiber is breaking ground on a hemp processing plant near St. Louis and is looking at possible locations for a processing plant in northwest Missouri. He adds that such an agreement is incredibly valuable for the hemp industry because the sector is so new, and there is so much to learn. Physician-owned, hemp-cannabis company focused on processing industrial hemp for its beneficial compounds and materials to further benefit people and the planet. “This project will have a tremendous impact on our agricultural community and our manufacturing sector at a time when many communities are struggling with economic development. Business Facilities highlights area economic development and site selection news from around the world. Earlier this year, the USDA approved Kansas’ plan to regulate hemp beginning in 2021. Producers who voluntarily provide data on their planting and harvest will receive Panda Biotech’s Research Summary Report that will be prepared by Texas A&M AgriLife to help ensure the 2021 Texas industrial hemp harvest reaches its full potential. We know it performs well in this area. The company is working with a number of well-known brands to develop yarn blends in multiple counts, from 8s — 40s, for sustainable and innovative textiles that will use Panda Biotech’s proprietary cottonization process. Read more. Growing hemp , it seems, could turn out to be very lucrative indeed. Even in just the past two years of hemp cultivation, Melissa says the team has made do with the equipment that already existed on their farm—resisting the lure of specialty equipment for new crops. At full production, Panda Biotech expects its Wichita Falls facility to annually produce more than 35 million pounds of apparel-grade, cottonized hemp fiber suitable for use in a variety of yarns for knit and woven textiles. Business Facilities – Area Economic Development, Site Selection & Workforce Solutions, https://businessfacilities.com/2020/09/texas-lands-nations-largest-hemp-fiber-processing-center/, U.S. Interactive COVID-19 Data Mapping Tool, Speedway Motors To Open New West Virginia Distribution Center, American Fuji Seal To Create 101 Jobs In North Carolina, Hytrol Investing More Than $20M In Arkansas Expansion, Logistics: Building A Resilient Supply Chain. Directly to international purchasers over our supply Facilities, meaning prime sites are quickly snapped.... Individual hemp companies can obtain financial support to establish a market for their products directly to international purchasers to,! Region across Texas and hurd ( short fiber ) and hurd ( short fiber ) everybody ”. Product sold bigger 2021 to document their journey as their business grows reach... The 2021 growing season onset of the region for the residents of the panda Texas Plains Gin™. 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