Southeast Will Lead the Cannabis Renaissance
Wilmington, NC, April 20, 2018: Long & Hamilton Research, Development and Licensing LLC recently filed a provisional patent for processing industrial hemp they say is not only clean and economical, but ideally suited to the Southeast. That’s because of how well tides flush our waterways.
Bringing natural materials like hemp to market requires lots of water and energy, raising costs and hurting value. While vast areas of North America can grow hemp, their water resources are already strained. Further, energy costs increase with decreasing water availability, leaving many producers out of the market. The Southeast coast changes that for us.
Local business leaders believe a successful hemp industry is all about location.
Historically, textiles was a primary market for hemp, largely based in North Carolina. Cone Denim in Greensboro was a major producer of hemp used by early jeans manufacturers.
“Salt water demand is much lower than fresh water,” says Dr. Michael Long, Co-owner of Long & Hamilton. “We can’t drink salt water or use it for crops. But it’s great for doing to hemp what’s needed to make it valuable,” he continues. “And the tides become a primary energy source. The rest occurs naturally.”
States have been testing industrial hemp as a marketable crop since about 2015. Though legally a form of marijuana and still on the DEA’s schedule of controlled substances, the hemp program in North Carolina has given local farmers and businesses a foothold in this fast-growing legal market. Long believes that our coasts and expertise make all the difference. “We can build a complete hemp industry quickly, and cleanly,” Long explains. “It will not be hard to be cost effective, either. From an air and water quality standpoint, we can be invisible in 3 years. All the institutions are here.”
Historically, textiles was a primary market for hemp, largely based in North Carolina. Cone Denim in Greensboro was a major producer of hemp used by early jeans manufacturers. Until recently, the White Oak Mill, one of North Carolina’s original hemp denim mills, operated as a converted cotton denim mill. But, building a hemp industry together with our existing industries, business leaders believe it will be possible to move things in a positive direction in a big way. Early estimates project over a million tons of hemp generated annually by NC farmers in coming years, representing over a billion dollars in the state alone for farming and manufacturing.
The introduction of the Hemp Farming Act of 2018 in Congress almost ensures a legal large-scale domestic hemp industry. The Southeast will play a major role. By building smart and clean from the start, business leaders hope to ensure broad benefit to our state and region.