Seed, food companies say there is a market for the crop, but the varieties Prairie farmers are growing require fine tuning
Glacier FarmMedia – Hemp has had its ups and downs on the Prairies. Jeff Kostuik of Verve Seeds would like to see it get a better foothold, and he thinks new genetics, better tailored for western Canadian conditions and western Canadian markets, can help make that happen. “We’re a very small, yet mighty company … […] Read moreTag Archives Clarence Shwaluk
Hemp sector disappointed new report ignored deregulation
WINNIPEG — Leaders in Canada’s hemp industry were hoping that an expert committee would recommend significant changes to hemp regulations so it could be treated the same as wheat, canola and other crops. That didn’t happen. Instead, the committee of experts reviewing the Cannabis Act barely mentioned hemp in its 91 page report published March […] Read more
Status quo likely for hemp acres
WINNIPEG — In theory, Canadian acres of industrial hemp should increase in 2024. Canola prices have dropped this winter to around $13 per bushel, so there could be opportunity for an alternative crop like hemp to grab some acres. Related story: Hemp sector sees success in hybrid varieties During the winter, production contracts were around […] Read more
Hemp proponents optimistic crop will rebound
The economics have become more promising as buyers offer production contracts of 70 to 75 cents per pound this winter
BRANDON — The last few years have been challenging for Canada’s hemp industry. When canola is priced at $18 to $20 per bushel, it’s difficult to convince farmers to grow alternative crops such as hempseed. In 2019, Canadian farmers planted about 91,000 acres of hemp, using Health Canada statistics on licenses to grow industrial hemp. […] Read more
