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Lawmakers swat down bill to increase THC level in industrial hemp
RICHMOND, Va. — Industrial hemp farmers were disappointed to see a measure killed in the House that would have increased the percentage of THC allowed in hemp grown for fiber and grain cultivation. Del. Nicholas Freitas, R-Culpeper, introduced House Bill 1485 with Del. Tony Wilt, R-Harrisonburg, as a co-sponsor. Legislators voted 12-10 to table the […]
FyberX to invest $17.5M in Mecklenburg HQ
FyberX Holdings, a regenerative agriculture company, will invest $17.5 million to establish its U.S. headquarters and production operations in Mecklenburg County, creating 45 jobs, Gov. Glenn Youngkin announced Wednesday. The company will be located in the formerly vacant Kinderton Distribution Center in Clarksville, where it will process hemp and other agricultural products and produce fibers [&h[...]
The color of money
A dusty floor, lumber piles and strewn tools mark the signs of active construction in the future showroom of Pure Shenandoah LLC. CEO Tanner Johnson stands in the front room of the historic, renovated Casey Jones building in Elkton and describes the experience of a future customer. “You’ll come in right here to a cool […]
Brothers build Shenandoah hemp empire
Tanner Johnson, CEO of Pure Shenandoah LLC, says that his Elkton-based company is trying to bring hemp back to its Shenandoah Valley roots. After all, he explains, “back in the 1600s, this area was used heavily for hemp production and rope and clothing.” Johnson is one of four brothers behind Pure Shenandoah, which seeks to […]
Industrial hemp company to locate in Rockingham
Using the trade name Pure Shenandoah, Elkton-based Shenandoah Valley Hemp LLC will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol (CBD) oil extraction facility in Rockingham County, creating 24 jobs. The company has committed to purchasing 100% of its industrial hemp from Virginia growers, resulting in nearly $5 million in […]
Richmonders launching large hemp processing facility in South Boston
Blue Ribbon Extraction, a company started by two Richmonders, is investing $3.26 million to establish Virginia’s first large-scale industrial hemp processing and cannabidiol (CBD) oil extraction facility in South Boston, Gov. Ralph Northam announced Thursday. The project will create 22 jobs and the company plans to source about $70 million in hemp — more than […]
