The Riverland could be the home of a new type of horticulture, with industrial hemp trials proving a winner.
Minister Whetstone said “The results of two years of trialling nine varieties are positive and will support ongoing investment in the burgeoning industrialhempindustry,”
Traditionally industrial hemp has been used for textiles, paper & rope, while more recent applications have included composite building materials
While some draw comparisons with cannabis because of its similarity in appearance, industrial help is produced with a very low THC or tetrahydrocannabinol content - less than one percent.
A licence is needed to produce the crop and so far 13 cultivation licences have been issued with a further 2 processing licences also granted.
It’s estimated the crop could be worth a farm gate value of 3 million dollars within 5 years.
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