$OGI First Hemp Processing Plant in Virginia Set to Be Launched

November 5, 2019

Virginia’s first commercial hemp fiber processing plant, Vitality Farms, LLC, will soon be launched in Wythe County according to an announcement Governor Ralph Northam. The facility, currently operating as Appalachian Biomass Processing, plans on investing $894,000 and creating 13 jobs. The plant intends to purchase at least 6,000 tons of industrial hemp valued at $1 million or more from farmers in Virginia in the following three years.

In March, Governor Northam aligned Virginia’s hemp law to the 2018 Farm Bill by signing the bill legalizing commercial farming and processing of industrial hemp. The announcement was marked as the first economic development in the hemp industry in Virginia.

Governor Northam further said that his goal is to pursue every avenue meant to bring economic prosperity to the communities. He also noted that industrial hemp production opens the state of Virginia to a sea of opportunities such as new jobs and businesses. Governor Northam added that Virginia is dedicated to developing a booming and sustainable hemp industry, and he believes that by establishing the processing plant, a market will be opened for the farmers and growers of industrial hemp.

The Secretary of Agriculture and Forestry, Bettina Ring, said that farmers in the Southern and Western regions if Virginia could benefit highly from the hemp as it has much potential. She further noted that for areas growing industrial hemp to benefit from the crop’s great potential, they must have a processing facility and robust markets for selling hemp products. In Virginia, the number of registered industrial hemp farmers is more than 1,100 and the local hemp market is growing, said Ring.

Working with Wythe County to snag the project for the Commonwealth is the Department of Agriculture in Virginia and Consumer Services. Agriculture and Forestry Industries Development, through Governor Northam, awarded the project a $25,000 grant. Wythe County was supposed to match the grant amount with local funds.

The owner of Appalachian Biomass Processing, Susan Moore, said that the facility uses a reproducible production model that is capable of expanding to meet the additional demands of the Virginia hemp supply chain. She further said that her team members are knowledgeable, with lots of experience and motivation to see the project succeed. She hopes that the state and local development supporters will work together with the company to bring the hemp industry to Virginia.

The Governor’s office released a statement saying that the company will process hemp stalk into agricultural products with a specialized decorticator. Appalachian Biomass Processing will sell the processed bast fiber to another company in North Carolina for further processing, which will later sell the finished product to the textile industry. The woody core of hemp will be used as animal bedding.

Through research by partnering with the University of Virginia and the Virginia Department of Agriculture and Consumer Services, Susan Moore, the co-founder of the company, has acquired a wealth of knowledge on the hemp industry.

According to analysts, hemp industry companies like Green Hygienics Holdings Inc. (OTCQB: GRYN) and Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) are pleased to see the industry deepen its reach into rural areas in different states.

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HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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$TGODF Building a Sustainable Business, From the Ground Up

November 4, 2019

• TGOD is defining industry standard in organic sustainability practices, follows a regenerative farming method
• Sustainability lends both ethical, business edge to companies, says TGOD leadership
• The company is dedicated to organic practices, sustainable principles

The only certified-organic scaled producer in the industry, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is committed to more than just cultivating premium organic cannabis. TGOD works to cultivate a way of life, ensuring that from seed, soil and beyond, every step of the company’s cultivating process is designed to make a difference. As part of that commitment, TGOD is defining the industry standard in organic sustainability practices.

The Green Organic Dutchman follows a regenerative farming method, carefully considering the entire product life cycle in order to reduce the company’s carbon footprint in every way possible. Because of this deliberate approach, the TGOD organic cultivation process is exceptionally clean with a focus on the natural growth of the plan, ultimately resulting in the best cannabis Mother Nature can produce.

“Sustainability means my future and the future of our communities,” TGOD facilities engineer Richard Aranha stated in a news release (http://cnw.fm/8jQmw). “Our culture is designed around sustainable practices because sustainability gives an ethical edge to your company, but it also provides a business edge.”

With the future in mind, TGOD is dedicated to organic practices and sustainable principles, including the following:

• Recyclable packaging – The company packages its flower and oil products in recyclable glass; TGOD shipping containers use only recyclable paper;
• LED lighting – TGOD relies on LED lighting as the most efficient and impactful manmade light source to fuel growth of its plants;
• Hybrid facilities – The careful design of TGOD’s hybrid facilities allows for maximum absorption of natural sunlight. In addition, multiple filtration processes allow the company to recycle 90 percent of rainwater, which is then used to feed the plants;
• Energy efficiency – The company uses water-heat transfer, which provides heat for its hybrid facilities in the most energy-efficient, cost-effective manner; and
• Environmental advocacy. TGOD has partnered with several local groups, including Grand River Authority Conservation, to work on specific environmental priorities to ensure the land is protected and honored.

In addition to its commitment to sustainability, The Green Organic Dutchman prides itself on following a higher standard of organic growing, which includes creating a living soil rich in beneficial organisms with no synthetic chemicals used at any stage of cultivation. TGOD recognizes that growing certified organic cannabis is better for the community, the soil, the environment and – most importantly – the consumer.

For more information, visit the company’s website at www.TGOD.ca

NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://cnw.fm/TGODF

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$OGI Petitioner Urges Iowa Cannabidiol Board to Add PTSD

November 4, 2019

For years, the residents of Iowa have lamented over the exclusion of PTSD from the state’s heavily restricted medical cannabis program. Medical cannabis is a potent natural medicine that can help manage a host of medical conditions. Luckily for people with PTSD, medical marijuana has been found to be effective at reducing the symptoms of the condition. Unluckily for the people suffering from this condition, the state’s medical cannabis program has, for years, failed to include it in its list of eligible conditions.

Iowans were disappointed back in 2014 when state lawmakers created its medical cannabidiol program but didn’t include PTSD. The condition was again excluded from the program when it was expanded in 2017, and last year, the Medical Cannabidiol Board rejected a petition to add PTSD to the list of approved conditions.

Interested parties have another chance to sway the decision. The Cannabidiol Board will, on Monday, review another petition by the residents of Iowa, urging the state to allow people living with PTSD to use medical cannabis as a treatment. Rebbeca Lucas of MedPharm wrote in the petition that “Americans had failed military veterans who have combat-related PTSD. We get to live how we live because they fight for us,” the petition says, “however, when our service members return, we, in essence, abandon them. We potentiate a stigma that it is strange for people, not just to be OK.”

Over the years, the effects of PTSD on military and law enforcement veterans have been studied. The country loses an average of 21 service members every day to suicide. Although 28 other states, including Minnesota and Illinois, allow PTSD patients to use medical cannabis, the state of Iowa still lags behind. One issue that has held back medical cannabis in this regard is the idea that people who do not have the condition will somehow outwit the system for a marijuana fix.

A testimonial that proved the invalidity of that train of thought was sent along with the petition. The author, whose personal details were redacted, was a former Iowa police officer who was relieved of his duty back in 2010 after being diagnosed with PTSD. The officer suffered from depression and suicidal thoughts for over a decade, was unable to find employment, and avoided using medical cannabis, saying that it had been so ingrained in him that marijuana was harmful. “Heck, I even put people in prison because they had or were selling marijuana.”

Eventually, the officer tried medical cannabis, and the PTSD symptoms reduced drastically soon after. “For the first time in 10 years, I felt normal again. I feel like I have my life back!”

Industry watchers believe that personal testimonies like that of the former law enforcement office are the reason that CBD companies like Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) and Willow Biosciences Inc. (CSE: WLLW) keep working so that many more people can have better lives despite the health conditions that they struggle with.

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$LXRP Utah Farmers Report Successes and Challenges in First Hemp Season

November 4, 2019

Jud Haward is a hemp farmer from Utah whose crop is now drying in his barn after harvesting. He has used the hanging method to dry his plants and the drying hemp is filling the air with a heavenly cannabis aroma. He is proud of the hemp yields from his 10-acres despite having sold only a part of the crop.

Haward was among the first farmers in Utah to grow industrial hemp. Thus, he relied mainly on his instinct and little guidance from an expert to nurture his crop to maturity. The most nerve-wracking thing is, he was never sure if he was doing it right or wrong.

Utah has issued 220 industrial hemp licenses since the government legalized hemp production for industrial use.

A hemp license was regarded as a golden ticket because of the popularity of cannabidiol, also known as CBD oil, which is an extract of hemp. CBD oil can be used for medicinal purposes, and it can also be used in other products such as CBD deodorant or CBD hamburgers.

Since hemp crop comes with a promise of substantial financial gains, some farmers in Utah who are financially struggling have uprooted their hay and lettuce and replaced them with hemp. Others have mortgaged their farms for capital to invest in hemp.

Haward said that some farmers lost hope mid-way when their crop failed because of a lack of expertise, and it was hard to get information on hemp growth. The crop specialists were unreliable, and the some suppliers were unscrupulous.

Ruston Peterson owns a greenhouse where he grows hydroponic lettuce for commercial purposes. He sells his greens in Salt Lake City due to a lack of market in Utah, which is tiring and expensive. Earlier this year, Peterson was among those who decided to grow hemp in Utah.

However, growing the crop was more challenging than they thought, said Peterson. Some farmers, despite missing the growing window, still planted hemp, which led to crop failure. Others adhered to every rule about hemp farming, but nature took its course and some plants withered, while for some, the plants were invaded by frost.

The other challenge for the farmers was the state’s stipulation that hemp should have a THC concentration of 0.3% or less. This year, after testing the crop, the state destroyed 16,323 plants because their THC was above the 0.3% limit. This was a loss and a setback for the affected farmers.

According to the director of the hemp and medical marijuana program in Utah, Andrew Rigby, to achieve the 0.3% THC concentration, farmers have to choose the right seed and use the proper growing techniques.

The difficulties in distinguishing hemp and marijuana since they have similar structure and smell had the police confused. And thieves stealing the crop and passing it for marijuana to unsuspecting buyers caused additional problems for farmers.

Although Haward’s and Peterson’s first hemp crop was a success, the price of CBD oils seems to have dropped from $4,500 to $800 per liter. Now, their main focus is recouping their costs by finding the right buyers.

Hemp industry experts believe that companies like Marijuana Company of America Inc. (OTCQB: MCOA) and Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) hope that things will normalize as farmers gain more experience in growing hemp.

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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$GNPX Issues Lung Cancer Prevention Measures in Support of Lung Cancer Awareness Month

$YGYI Completes BeneYOU, LLC Acquisition

$TGODF Committed to Producing Cannabis Officially Recognized as Organic

$OGI Stock Bounces Back From Low: What’s Lying Ahead?

Organigram stock has bounced back almost 20% from its 52-week low over the past few weeks. Let’s analyze whether Organigram Holdings (TSX:OGI) (NASDAQ:OGI) has reached the bottom or not.

There is absolutely no doubt that the marijuana industry has gone through a pretty tough period over the course of the past months, and many of the stocks have collapsed from their peaks this year. However, certain companies continue to do well despite a slowdown in the industry.

Regulatory and Supply Issues

If one is looking into marijuana stocks in November, then Organigram Holdings will likely jump out at them. The company is certainly at the pinnacle when compared against other marijuana companies of similar sizes. So let’s take a closer look at Organigram stock.

Like the majority of stocks in the marijuana industry, Organigram stock experienced steep declines, and since its listing on the NASDAQ earlier this year, it has lost as much as half of its value. Regulatory and supply issues were the main factors behind the decline. However, it is important to consider the factors that make Organigram Holdings a top stock pick for the month.

High Spending

The legalization of derivatives in Canada is a significant event, and the company is spending heavily in order to enter the market strongly. The spending may have affected Orgianigram’s stock price, but if the company can corner some portion of the market in Canada, then it could prove to be money well spent in the long run.

It’s also necessary to keep in mind that Organigram enjoys some key competitive advantages that could see the company growing rapidly in the long run. Organigram Holdings is based out of New Brunswick and remains the only marijuana company of its size that operates in the area. Its presence in that area makes it possible for the company to create a major stronghold in the eastern region. In addition to that, it has also acquired supply agreements in all 10 Canadian provinces.

Last but not least, one must also remember that the company’s production is based out of only one facility in Moncton. Other marijuana companies have been spending copious amounts of money in order to raise their production level in the meantime.

Analysts believe that Organigram could well turn out to be the first marijuana company from Canada to make a profit, and hence, Organigram stock is an attractive one to some.

$LXRP Proprietary Drug-Delivery System Featured in Peer-Reviewed Medical Journal