Both environmentally-friendly and supremely versatile, industrial hemp has experienced a remarkable revival in recent years. In fact, many believe that a thriving hemp industry will actually help provide for our economic future. With the incredibly low carbon footprint it boasts, some even say that the growing popularity of this hardy and sustainable plant could be crucial to the health of our planet.
Acquiring an Industrial Hemp License can open an untold number of doors for your business. Considering it? Read on for a brief look at what exactly industrial hemp is, what this license permits you to do, and to discover whether or not it’s right for you.
What is Industrial Hemp?
Industrial hemp includes cannabis plants, and parts of the plant, of any variety, that contains 0.3 % tetrahydrocannabinol (THC) or less in the leaves and flowering heads. While it cannot contain more than 0.3 % THC, there is no limit to the amount of cannabidiol (CBD) that may be contained in industrial hemp plants.
Industrial hemp also includes the derivatives of industrial hemp plants and plant parts (not including the flowering parts or the leaves). In Canada, industrial hemp is regulated under the Industrial Hemp Regulations, which is a set of rules that fall under the Cannabis Act.
Why Grow It?
Hemp is not only even more robust than corn, which is considered one of most vigorous crops on the planet, but it also requires less water, pesticides, herbicides, and fertilizer to flourish. Plus, it is said to have almost 25,000 known purposes, which include being used as a raw material in everything from paper and textile manufacturing to the production of biofuels, plastic composites, and livestock feed.
These are only some of the most widespread applications, however. Derivatives of the plant are also common in personal care products and foods, with hemp seeds and oil fast becoming favoured by many. Currently, the most lucrative and exciting aspect of this industry is its association with CBD oil, which doesn’t contain THC and can therefore be produced from hemp and cannabis plants alike.
What Can I Do With an Industrial Hemp License?
An industrial hemp license holder can cultivate hemp to produce a number of different products. For example, fibre from industrial hemp stalks can be used in making paper, textiles, rope or twine, and construction materials. Grain from industrial hemp can be used in food products, cosmetics, plastics and fuel. Additionally, license holders may cultivate hemp and then sell non-viable seeds, or hemp seed derivatives, for use in food, cosmetics, etc. Non-viable hemp seeds and hemp seed derivatives (like hemp seed oil) that contain no more than 10 ug/g THC after testing (also sometimes expressed as no more than 10 parts per million, or 10 ppm) are exempt from the Cannabis Act.
A hemp producer is also able to cultivate hemp for the flowering heads, branches, and leaves, which may contain CBD. However, it’s important to note that not every activity involving industrial hemp will fall within the scope of the Industrial Hemp Regulations. A good example is the extraction of CBD or another phytocannabinoid from the flowering heads, leaves, and branches of the plant. This would fall under the Cannabis Regulations and would require a cannabis processing license. Alternatively, industrial hemp license holders can choose to sell the flowering heads, branches and leaves they cultivate to a cannabis processor licensed under the Cannabis Regulations, who may then extract the CBD under their license. Obtaining an Industrial Hemp License also allows its holder to import and export hemp (with proper permits).
Outfits with at least fifty acres of land to spare are best suited to growing this plant, as it covers large areas rather quickly, and organic farmers will find its hands-off cultivation requirements especially appealing. If you’re interested in what an Industrial Hemp License can add to your business, get in touch with us today for more information and we’ll support you through every step of the application process.