Episode 71: This week we talk to Jay Stucky, a CBD hemp farmer in upstate New York. His many concerns about the CBD industry include the high price of CBD and how processors and retailers are making all the money — not the farmers. In this wide ranging conversation, Stucky addresses the call to raise the THC level in hemp from 0.3% to 1%, which he says is not necessary.
Then we hear from Scott Bennett, the hemp policy expert at the American Farm Bureau Federation, whose delegates just voted to support raising the THC level in hemp to 1%.
Relevant hemp Links and news nuggets
Berkshire Hemp
https://berkshirehemp.farm/
American Farm Bureau Federation
https://www.fb.org/
Leaf Report’s The CBD Market Consumer Research: A Guide to Become a Smart Consumer
https://www.leafreport.com/education/the-cbd-market-explained-a-guide-to-become-a-smart-consumer-3159
Kentucky hemp companies face bankruptcy as ‘bureaucratic paralysis’ plagues industry
https://www.kentucky.com/news/business/article239751703.html
You might be overpaying for CBD, and there’s no reason why
https://www.nj.com/marijuana/2020/02/you-might-be-overpaying-for-cbd-and-theres-no-reason-why.html
Delaware company seeks permits for hemp extraction facility
https://www.lancasterfarming.com/news/associated_press/company-seeks-permits-for-hemp-extraction-facility/article_4a5eb148-cfde-5031-bebc-f33acc63d7fc.html
WVDA Submits State Hemp Plan to USDA
https://www.lancasterfarming.com/farming/industrial_hemp/wvda-submits-state-hemp-plan-to-usda/article_f0c89ac2-963b-5513-b8a0-d78cdad8b1b2.html
A Certified Organic Labeling Program Is Coming To Cannabis In 2020
https://www.forbes.com/sites/katieshapiro/2020/02/03/a-certified-organic-labeling-program-is-coming-to-cannabis-in-2020/#71141e8c7b07
2 Kentucky hemp companies face bankruptcy proceedings
https://www.lancasterfarming.com/news/associated_press/kentucky-hemp-companies-face-bankruptcy-proceedings/article_65c47ff5-4090-572e-8075-04dd1466b52e.html
Sponsor Links
Lancaster DHIA’s Hemp Survivors Workshop
https://2020-hemp-survivors-workshop.cheddarup.com
King's Agriseeds
https://kingsagriseeds.com/hemp/
