Hemp’s entry into the legal market has made it a hot new commodity but like any emerging sector, there are plenty of kinks to be ironed out in the years to come. The USDA recently estimated that 20% of hemp lots will exceed the 0.3% THC limit next year meaning that the lots will have to be destroyed. A “hot” crop is bad news for hemp producers who are already vying for market share in the oversaturated market. If the crop tests above 0.5% THC, producers will be deemed in negligent violation of the federal rules and could face criminal prosecution.
Front Range Biosciences, the hemp and cannabis biotech startup, has come up with a solution: 100% THC-free hemp.
@f3techMD #hemp #thc
Source: Too much THC in hemp is becoming a real buzzkill for the emerging industry – AgFunderNews