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Read Texas law...
READ AGAIN...
A consumable hemp product is a food, drug, device, or cosmetic that contains industrial hemp or hemp-derived cannabinoids, including cannabidiol (CBD). These products may not contain more than 0.3 percent concentration of tetrahydrocannabinol (THC).
Apparently, according to their government website they're good to go as long as they don't go above 0.3...
CLICK TO ENLARGE
Texas Agriculture Commissioner Sid Miller is a strong supporter of industrial hemp production as a new market opportunity for Texas farmers to expand their operations and grow alternative crops.
The 2018 Farm Bill legalized the commercial production of hemp and authorized states to submit state plans to administer hemp programs. On June 10, 2019, House Bill 1325, was signed into law by Governor Greg Abbott. The bill authorizes the production, manufacture, retail sale, and inspection of industrial hemp crops and products in Texas. This also includes products for consumable hemp products which contain cannabidiol (CBD), as well as other edible parts of the hemp plant.
The law will not go into effect until September 1, 2019, which is the soonest date that Texas Department of Agriculture (TDA) may submit a state plan to US Department of Agriculture (USDA) for administration of the hemp program. Hemp is not currently legal to grow in Texas.
However, prior to submitting the state plan, the TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill hemp provisions. Recently, USDA has informed TDA that it anticipates releasing that guidance in Fall 2019. TDA must wait for those guidelines prior to developing administrative rules and submitting a plan to USDA.
TDA will then go through the rulemaking process to ensure the Department receives stakeholder and public input regarding the new hemp program. TDA’s administrative rules will relate to licensing, production, testing, seed certification and other program oversight, as necessary. Once the USDA plan is approved by USDA and the administrative rules are adopted, industrial hemp can be grown and cultivated legally in the State of Texas.
TDA anticipates the hemp growing permit application process will begin in 2020.
The regulation of CBD consumables, including CBD oil, will be handled in accordance with Food and Drug Administration (FDA) guidelines. The state agency with oversight of CBD consumables is the Texas Department of State Health Services (DSHS) and not TDA. Questions regarding those matters should be directed to that DSHS.
As additional information is available, this website will be updated. If you are interested in receiving regular updates on hemp and other topics, please subscribe to our TDA newsletter.
Helpful Information
H.R. 2
Agriculture Improvement Act of 2018
(Farm Bill)
Summary
Bill Text
86th Texas Legislative Session
House Bill 1325
TDA Press Release
Texas Agriculture Commissioner Calls On Congress To Lift Federal Restrictions On Industrial Hemp Production (12/6/2018)
Texas Agriculture Commissioner Sid Miller Statement Regarding Governor Abbott Signing Industrial Hemp Legislation (6/11/2019)
Contact Information
For questions about growing hemp, please contact TDA:
512-463-8215
TDAHempProgram@TexasAgriculture.gov
For questions regarding consumables, products, or CBD oil, please contact Texas Department of State Health Services:
DSHS Hemp Website
DSHSHempProgram@dshs.texas.gov
Comments and questions about the 2018 Farm Bill implementation of Hemp Production, you may contact USDA at: USDA Hemp Production Program
USDA Hemp Production Program
FarmBill.Hemp@usda.gov
Frequently Asked Questions
PERMITS TO GROW HEMP
Where can I get a permit to grow hemp?
It is not currently legal to grow hemp. There is no available permit application at this time. TDA will be developing an application and issuing hemp permits after Texas’s state hemp plan is approved by USDA.
TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill hemp provisions. Recently, USDA has informed TDA that it anticipates releasing that guidance in Fall 2019. TDA must wait for those guidelines prior to developing administrative rules and submitting a plan to USDA.
Until the Department’s state plan has been approved by USDA and the Texas administrative rules have been adopted by the Department (which govern the program), it is not legal to grow hemp and permits to grow hemp will not be accepted.
Can I get an experimental permit to grow hemp in 2019?
TDA will not be issuing experimental licenses to grow in 2019. States with experimental permits are operating under the 2014 Farm Bill.
When can I apply for a permit to grow hemp?
TDA anticipates beginning the application process in 2020.
Is there a waitlist to get a hemp license?
No. There is no waitlist. Applications will be open to the public when available.
Will there be a limited number of licenses available?
No.
What will be included in the application?
TDA is required to wait for guidance from USDA on implementation procedures related to 2018 Farm Bill hemp provisions. Until the USDA guidelines are released, TDA cannot anticipate what will be included in the application. More information will be available in Fall 2019.
Who will approve hemp permit applications? Can I be part of the panel?
Applications will not be reviewed by a panel. As with all TDA regulatory licenses, they will be reviewed by TDA Licensing Division staff. Additionally, hemp permit applicants must undergo criminal background checks prior to approval.
COSTS OF HEMP PRODUCTION
What are the costs associated with the hemp program?
TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill. Until the USDA guidelines are released, TDA cannot anticipate what costs will be associated with permitting, testing or other program administration.
How can I get certified hemp seed?
TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill. There is currently no certified hemp seed available in Texas. Growing conditions vary by region and can produce different results with the same seeds.
Is there crop insurance?
Not at this time. USDA does not anticipate that insurance will be available until at least after the 2020 growing season once more crop information is available.
Can I sell/export my hemp crop overseas?
No. It is not currently legal to export hemp outside of the United States.
Consumable Hemp Products and Cannabinoids (CBD)
What is a consumable hemp product?
A consumable hemp product is a food, drug, device, or cosmetic that contains industrial hemp or hemp-derived cannabinoids, including cannabidiol (CBD). These products may not contain more than 0.3 percent concentration of tetrahydrocannabinol (THC).
How do I register to sell CBD in my store?
TDA’s Hemp Program will encompass the planting, inspection, testing and harvesting of hemp crops. The Texas Department of State Health Services (DSHS) will create a registration process for retailers selling consumable hemp products containing CBD. Contact DSHS by emailing DSHSHempProgram@dshs.texas.gov or visit their website for more information.
OTHER QUESTIONS
How do I get a list of hemp growers?
It is not legal to grow hemp in Texas. There is not list of growers available. However, in the future, you may submit a public information request for this information.
How do I become a hemp inspector?
There are currently no openings for hemp inspectors. Hemp is not currently legal to grow in Texas. You can check TDA’s current job openings by visiting our website.
How do I become a certified lab eligible to test hemp?
There are currently no procedures to become a registered certified laboratory. TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill. However, House Bill 1325 requires that any laboratory that performs tests must be accredited by an independent accreditation body in accordance with International Organization for Standardization ISO/IEC 17025.
How can I be part of a stakeholder group?
We do not have a stakeholder group at this time. Please check back for updates.
The latest from the State of Texas...I still they should grow medical marijuana in those green houses...Why wait for Hemp medical marijuana is there for the taking...
CLICK TO ENLARGE
Texas Agriculture Commissioner Sid Miller is a strong supporter of industrial hemp production as a new market opportunity for Texas farmers to expand their operations and grow alternative crops.
The 2018 Farm Bill legalized the commercial production of hemp and authorized states to submit state plans to administer hemp programs. On June 10, 2019, House Bill 1325, was signed into law by Governor Greg Abbott. The bill authorizes the production, manufacture, retail sale, and inspection of industrial hemp crops and products in Texas. This also includes products for consumable hemp products which contain cannabidiol (CBD), as well as other edible parts of the hemp plant.
The law will not go into effect until September 1, 2019, which is the soonest date that Texas Department of Agriculture (TDA) may submit a state plan to US Department of Agriculture (USDA) for administration of the hemp program. Hemp is not currently legal to grow in Texas.
However, prior to submitting the state plan, the TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill hemp provisions. Recently, USDA has informed TDA that it anticipates releasing that guidance in Fall 2019. TDA must wait for those guidelines prior to developing administrative rules and submitting a plan to USDA.
TDA will then go through the rulemaking process to ensure the Department receives stakeholder and public input regarding the new hemp program. TDA’s administrative rules will relate to licensing, production, testing, seed certification and other program oversight, as necessary. Once the USDA plan is approved by USDA and the administrative rules are adopted, industrial hemp can be grown and cultivated legally in the State of Texas.
TDA anticipates the hemp growing permit application process will begin in 2020.
The regulation of CBD consumables, including CBD oil, will be handled in accordance with Food and Drug Administration (FDA) guidelines. The state agency with oversight of CBD consumables is the Texas Department of State Health Services (DSHS) and not TDA. Questions regarding those matters should be directed to that DSHS.
As additional information is available, this website will be updated. If you are interested in receiving regular updates on hemp and other topics, please subscribe to our TDA newsletter.
Helpful Information
H.R. 2
Agriculture Improvement Act of 2018
(Farm Bill)
Summary
Bill Text
86th Texas Legislative Session
House Bill 1325
TDA Press Release
Texas Agriculture Commissioner Calls On Congress To Lift Federal Restrictions On Industrial Hemp Production (12/6/2018)
Texas Agriculture Commissioner Sid Miller Statement Regarding Governor Abbott Signing Industrial Hemp Legislation (6/11/2019)
Contact Information
For questions about growing hemp, please contact TDA:
512-463-8215
TDAHempProgram@TexasAgriculture.gov
For questions regarding consumables, products, or CBD oil, please contact Texas Department of State Health Services:
DSHS Hemp Website
DSHSHempProgram@dshs.texas.gov
Comments and questions about the 2018 Farm Bill implementation of Hemp Production, you may contact USDA at: USDA Hemp Production Program
USDA Hemp Production Program
FarmBill.Hemp@usda.gov
Frequently Asked Questions
PERMITS TO GROW HEMP
Where can I get a permit to grow hemp?
It is not currently legal to grow hemp. There is no available permit application at this time. TDA will be developing an application and issuing hemp permits after Texas’s state hemp plan is approved by USDA.
TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill hemp provisions. Recently, USDA has informed TDA that it anticipates releasing that guidance in Fall 2019. TDA must wait for those guidelines prior to developing administrative rules and submitting a plan to USDA.
Until the Department’s state plan has been approved by USDA and the Texas administrative rules have been adopted by the Department (which govern the program), it is not legal to grow hemp and permits to grow hemp will not be accepted.
Can I get an experimental permit to grow hemp in 2019?
TDA will not be issuing experimental licenses to grow in 2019. States with experimental permits are operating under the 2014 Farm Bill.
When can I apply for a permit to grow hemp?
TDA anticipates beginning the application process in 2020.
Is there a waitlist to get a hemp license?
No. There is no waitlist. Applications will be open to the public when available.
Will there be a limited number of licenses available?
No.
What will be included in the application?
TDA is required to wait for guidance from USDA on implementation procedures related to 2018 Farm Bill hemp provisions. Until the USDA guidelines are released, TDA cannot anticipate what will be included in the application. More information will be available in Fall 2019.
Who will approve hemp permit applications? Can I be part of the panel?
Applications will not be reviewed by a panel. As with all TDA regulatory licenses, they will be reviewed by TDA Licensing Division staff. Additionally, hemp permit applicants must undergo criminal background checks prior to approval.
COSTS OF HEMP PRODUCTION
What are the costs associated with the hemp program?
TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill. Until the USDA guidelines are released, TDA cannot anticipate what costs will be associated with permitting, testing or other program administration.
How can I get certified hemp seed?
TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill. There is currently no certified hemp seed available in Texas. Growing conditions vary by region and can produce different results with the same seeds.
Is there crop insurance?
Not at this time. USDA does not anticipate that insurance will be available until at least after the 2020 growing season once more crop information is available.
Can I sell/export my hemp crop overseas?
No. It is not currently legal to export hemp outside of the United States.
Consumable Hemp Products and Cannabinoids (CBD)
What is a consumable hemp product?
A consumable hemp product is a food, drug, device, or cosmetic that contains industrial hemp or hemp-derived cannabinoids, including cannabidiol (CBD). These products may not contain more than 0.3 percent concentration of tetrahydrocannabinol (THC).
How do I register to sell CBD in my store?
TDA’s Hemp Program will encompass the planting, inspection, testing and harvesting of hemp crops. The Texas Department of State Health Services (DSHS) will create a registration process for retailers selling consumable hemp products containing CBD. Contact DSHS by emailing DSHSHempProgram@dshs.texas.gov or visit their website for more information.
OTHER QUESTIONS
How do I get a list of hemp growers?
It is not legal to grow hemp in Texas. There is not list of growers available. However, in the future, you may submit a public information request for this information.
How do I become a hemp inspector?
There are currently no openings for hemp inspectors. Hemp is not currently legal to grow in Texas. You can check TDA’s current job openings by visiting our website.
How do I become a certified lab eligible to test hemp?
There are currently no procedures to become a registered certified laboratory. TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill. However, House Bill 1325 requires that any laboratory that performs tests must be accredited by an independent accreditation body in accordance with International Organization for Standardization ISO/IEC 17025.
How can I be part of a stakeholder group?
We do not have a stakeholder group at this time. Please check back for updates.
SORRY, YOU ARE WRONG AGAIN ABOUT TEXAS...
KLTV also reached out to Tyler’s Police Department for comment after they sent out a letter back in February asking stores to stop all sales of CBD products.
A spokesperson with the department says since being signed into law, they will no longer be asking for the removal of the products.
Copyright 2019 KLTV. All rights reserved.
Good news from Texas...CBD perfectly legal...
CBD products
CBD Oil Sold At Pharmacy 6AM
By KLTV Digital Media Staff | June 20, 2019 at 12:07 PM CDT - Updated June 20 at 12:07 PM
TYLER, Texas (KLTV) -While CBD products have been available in retail stores across East Texas for some time now, the state only just approved regulatory oversight this month.
Legislators like Senator Charles Perry from Lubbock are hopeful about the future of the CBD industry in The Lone Star State even as the health benefits remain murky.
Earlier this month Governor Greg Abbott, officially signed a bill legalizing hemp farming and selling CBD products with a THC concentration of less than 0.3%.
“It will allow farmers to grow, it will production facilities to crank up and produce the raw hemp for industrial purposes,” explains Sen. Perry.
The Republican senator says Hemp Bill would also bring regulations to CBD products- which are made from the plant.
“It’s a very diverse crop that continues to find uses for industrial purposes every single day from the hemp fiber and you’ve got the CBD oil that’s been proven more and more everyday more research there for medical and joint,” adds Perry.
Shops have largely been selling the product unchecked since the signing of the bill, leaving consumers with products they don’t necessarily know the contents of.
“The confusion is there is CBD oil on the shelf today. That came from outside the state of Texas, it’s not regulated, quality of that CBD oil is in question,” says Perry.
Texas will now start to develop its own hemp growing from the ground up. All hemp growers must be licensed. Supporters say hemp, and its most popular byproduct, CBD, comes from the cannabis species. Unlike its cousin marijuana, CBD does not have enough THC to get people high.
“Once Texas gets its feet on the ground and gets this process rolling it will earn “Go Texan Brand” which will pretty much certify that it’s been grown in Texas and manufactured in Texas and quality control will be under Texas direction.”
Pharmacist Sunny Krezdorn at Rose City Pharmacy says he has seen a growing interest in CBD products. He says he will soon be selling CBD infused goods. “Having this law passed helps me feel more comfortable stocking the product, selling the product in the pharmacy,” explains Krezdorn.
By joining the 30 other states that have already adopted hemp growing programs, Perry hopes to introduce another money making crop to the state.
“Once Texas gets its production facilities started up and once growers have gotten through all the learning curves on how to produce hemp in an efficient way, I think Texas will grab a large market share of that 20 billion market and expand it,” adds Perry.
The FDA is trying to come up with its own plan to regulate CBD products. It cannot confirm many of the benefits some CBD Products are promising.
Krezdorn says there is no word yet when the CBD products will be available.
KLTV also reached out to Tyler’s Police Department for comment after they sent out a letter back in February asking stores to stop all sales of CBD products.
A spokesperson with the department says since being signed into law, they will no longer be asking for the removal of the products.
Copyright 2019 KLTV. All rights reserved.
Not in Texas...Perfectly legal...
CBD products
CBD Oil Sold At Pharmacy 6AM
By KLTV Digital Media Staff | June 20, 2019 at 12:07 PM CDT - Updated June 20 at 12:07 PM
TYLER, Texas (KLTV) -While CBD products have been available in retail stores across East Texas for some time now, the state only just approved regulatory oversight this month.
Legislators like Senator Charles Perry from Lubbock are hopeful about the future of the CBD industry in The Lone Star State even as the health benefits remain murky.
Earlier this month Governor Greg Abbott, officially signed a bill legalizing hemp farming and selling CBD products with a THC concentration of less than 0.3%.
“It will allow farmers to grow, it will production facilities to crank up and produce the raw hemp for industrial purposes,” explains Sen. Perry.
The Republican senator says Hemp Bill would also bring regulations to CBD products- which are made from the plant.
“It’s a very diverse crop that continues to find uses for industrial purposes every single day from the hemp fiber and you’ve got the CBD oil that’s been proven more and more everyday more research there for medical and joint,” adds Perry.
Shops have largely been selling the product unchecked since the signing of the bill, leaving consumers with products they don’t necessarily know the contents of.
“The confusion is there is CBD oil on the shelf today. That came from outside the state of Texas, it’s not regulated, quality of that CBD oil is in question,” says Perry.
Texas will now start to develop its own hemp growing from the ground up. All hemp growers must be licensed. Supporters say hemp, and its most popular byproduct, CBD, comes from the cannabis species. Unlike its cousin marijuana, CBD does not have enough THC to get people high.
“Once Texas gets its feet on the ground and gets this process rolling it will earn “Go Texan Brand” which will pretty much certify that it’s been grown in Texas and manufactured in Texas and quality control will be under Texas direction.”
Pharmacist Sunny Krezdorn at Rose City Pharmacy says he has seen a growing interest in CBD products. He says he will soon be selling CBD infused goods. “Having this law passed helps me feel more comfortable stocking the product, selling the product in the pharmacy,” explains Krezdorn.
By joining the 30 other states that have already adopted hemp growing programs, Perry hopes to introduce another money making crop to the state.
“Once Texas gets its production facilities started up and once growers have gotten through all the learning curves on how to produce hemp in an efficient way, I think Texas will grab a large market share of that 20 billion market and expand it,” adds Perry.
The FDA is trying to come up with its own plan to regulate CBD products. It cannot confirm many of the benefits some CBD Products are promising.
Krezdorn says there is no word yet when the CBD products will be available.
KLTV also reached out to Tyler’s Police Department for comment after they sent out a letter back in February asking stores to stop all sales of CBD products.
A spokesperson with the department says since being signed into law, they will no longer be asking for the removal of the products.
Copyright 2019 KLTV. All rights reserved.
Everyone is extra focused on the whole Hemp thing in Texas, and that is as it should be...But not just Hemp can be grown in those greenhouses...There was another bill passed too...
Texas Patients, Growers React to Expanding Medical Cannabis Program
By Kathryn Gisi
PUBLISHED 7:52 PM CT Jun. 18, 2019
AUSTIN, Texas -- More patients will soon be able to access medical cannabis.
Gov. Abbott signs legislation expanding state's medical marijuana program
Compassionate Use Act now includes more conditions
Used to only allow severe forms of epilepsy
Gov. Greg Abbott gave the green light to expand the state's medical marijuana program. Now, growers and distributors are preparing to ramp up production. Thalia Seggelink will soon be able to legally treat her 14-year-old son with cannabis oil. Lance has been diagnosed with moderate to severe autism.
"He used to be highly aggressive and we had a lot of trouble with things like going out in public or to the movies or the grocery store," said Seggelink.
Since 2014, Seggelink has been treating Lance with unregulated cannabis oil.
"I've been very nervous about what we were doing, but it's helped so much I was willing to take the risk," said Seggelink.
Cannabis oil use has been illegal for anyone other than prescribed patients with a very rare and serious form of epilepsy, but that's changing.
The legislation signed into law expands the state's Compassionate Use Program to include people with seizure disorders, multiple sclerosis, terminal cancer and other conditions including autism. They can be prescribed medical cannabis from a state-licensed dispensary.
"Our ability to help thousands of more patients has become a reality for us and we couldn't be happier," said Mike Rubin with Compassionate Cultivation.
The Austin-based medical cannabis operation is about to get even busier. Growers and chemists are already producing cannabis oil at capacity, serving more than 500 patients. Soon, they anticipate that number to grow well into the thousands.
"This facility is pretty much maxed out for us, so we'll be looking to expand into a much larger facility around the Austin area in order to fulfil our commitment to meeting demand for our patients," said Rubin.
Since 2015, patients participating in the Compassionate Use Program have had to have recommendations from two separate doctors to get access to cannabis oil. The new law lessens that requirement to one. The changes take effect immediately.
Yup...Pretty much sums you up... LOL
Odd, all your fellow shorties said they are broke...Now you're saying they have 30 million to blow...WHATEVER!!! LOL
I'd say you live there and do telemarketing on the side... LOL
Maybe Africa Really Will Be the New China
Contrary to expert opinion, manufacturing could lead the way.
By Noah Smith
June 3, 2019, 7:30 AM EDT
Still needs humans.
Still needs humans. Photographer: TONY KARUMBA/AFP/Getty Images
Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.
Read more opinion
Follow @Noahpinion on Twitter
COMMENTS
SHARE THIS ARTICLE
Share Tweet Post Email
When people tell me that Africa will be the new China, I’m not as incredulous as I used to be. The continent is showing potential, and progress could come from what many consider to be a highly unlikely area: manufacturing.
All across Africa, investors -- many of them private entrepreneurs from China -- are building factories. Others from India, Sri Lanka, and Bangladesh are joining in, while car companies from Japan, Germany, and South Korea are declaring their intent to put assembly plants in places such as Ethiopia, Tanzania, and Ghana. Meanwhile, overall African growth is looking impressive. The International Monetary Fund forecasts that 6 of the top 10 fastest-growing economies will be African this year:
Africa Rising
Six of the world’s fastest-growing economies are in Africa, according to IMF forecasts
Source: International Monetary Fund
Manufacturing is only one factor. A recovery in natural resource prices and urbanization (which creates more demand for local services) also play important roles. That said, there may be a lot more manufacturing going on than official statistics suggest, since only a small fraction of African workers tend to be employed in the formal sector.
So despite myriad policy challenges -- a fragmented patchwork of governments, fragile nations with artificial boundaries drawn by colonial empires of the past, scattered wars and violence -- many African countries might be starting down the well-worn path of manufacturing-driven growth trodden by the developed world. Meanwhile, in South and Southeast Asia, poor countries like Vietnam and Bangladesh are adding factories even more rapidly. Although few expect this process to bring living standards up to the levels of Europe or Japan anytime soon, there’s hope that worldwide industrialization will at least alleviate extreme poverty.
Yet many people -- including Nobel prize-winning economist Joseph Stiglitz and researchers at the Brookings Institution -- believe that Africa and South Asia can’t follow the strategy that worked so well for Europe and East Asia. Automation, they claim, will soon render large-scale, labor-intensive manufacturing obsolete. They can point to the recent experience of developed countries, which have seen manufacturing work decline as a percent of total employment in recent years. When productivity improvements outpace demand for manufactured goods -- that is, when automation grows faster than production -- the share of workers employed in factories must decline.
Even China is not immune. A new paper by economists Osea Giuntella and Tianyi Wang finds that regions with industries more amenable to the use of industrial robots have seen employment and wages decline more in recent years. But China is already industrialized; the real danger is to the countries that are still poor. Stiglitz notes that in sub-Saharan Africa, manufacturing was lower as a percent of gross domestic product in 2000 than in 1977, and has risen only slightly since then. A 2015 paper by Harvard economist Dani Rodrik makes the case that premature deindustrialization is already hitting the developing world, declaring that “countries are running out of industrialization opportunities sooner and at much lower levels of income compared to the experience of early industrializers.”
Stiglitz and the Brookings researchers both suggest that African countries look elsewhere for growth. Their suggestions include tourism, agriculture, natural resource exports, and information technology services -- basically, everything but manufacturing. Yet most of these suggestions offer little reason for enthusiasm. Agriculture tends to automate even faster than industry. Natural resource exports are linked to political dysfunction and trap a country at the low end of the value chain. Tourism is fine, but doesn’t lead to the kind of learning-driven productivity enhancements that manufacturing is known for.
One shouldn’t dismiss manufacturing so quickly. The longer-term decline in African manufacturing probably has more to do with the failure of mid-20th-century industrial policies and central planning than with automation: It happened in the 1970s, 80s, and 90s -- when industrial robots were still not widespread, and when China and other Asian countries were rapidly gaining manufacturing jobs. Now that countries like Ethiopia, Tanzania, Vietnam and Bangladesh are industrializing more naturally, through integration into global supply chains rather than government-driven efforts at import substitution, a repeat of 20th century deindustrialization seems unlikely.
And even if manufacturing doesn’t provide quite as much employment for poor countries as in the past, factories can still have an outsized impact on overall growth. One reason is an effect called local multipliers. When a city or region exports goods to other regions, the incoming revenue gets spent locally, creating extra demand and jobs nearby. Economist Enrico Moretti, for example, finds that “for each additional job in manufacturing in a given city, 1.6 jobs are created in the nontradable sector in the same city.” Thus, even if most of the new employment in Ethiopia, Tanzania, or Bangladesh comes from restaurants, shops, hair salons, and so on, factories are still very useful for generating those service jobs.
So poor countries shouldn’t give up on manufacturing. On the contrary, they should double down. They should lure foreign investment with quality infrastructure, improved education, and streamlined regulation, while nurturing domestic entrepreneurs with export assistance. Robots may one day shut the door to traditional industrialization, but there is every reason to think that for now, the opportunity is still there for the taking.
Must be hard living on the margin... LOL
Maybe Africa Really Will Be the New China
Contrary to expert opinion, manufacturing could lead the way.
By Noah Smith
June 3, 2019, 7:30 AM EDT
Still needs humans.
Still needs humans. Photographer: TONY KARUMBA/AFP/Getty Images
Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.
Read more opinion
Follow @Noahpinion on Twitter
COMMENTS
SHARE THIS ARTICLE
Share Tweet Post Email
When people tell me that Africa will be the new China, I’m not as incredulous as I used to be. The continent is showing potential, and progress could come from what many consider to be a highly unlikely area: manufacturing.
All across Africa, investors -- many of them private entrepreneurs from China -- are building factories. Others from India, Sri Lanka, and Bangladesh are joining in, while car companies from Japan, Germany, and South Korea are declaring their intent to put assembly plants in places such as Ethiopia, Tanzania, and Ghana. Meanwhile, overall African growth is looking impressive. The International Monetary Fund forecasts that 6 of the top 10 fastest-growing economies will be African this year:
Africa Rising
Six of the world’s fastest-growing economies are in Africa, according to IMF forecasts
Source: International Monetary Fund
Manufacturing is only one factor. A recovery in natural resource prices and urbanization (which creates more demand for local services) also play important roles. That said, there may be a lot more manufacturing going on than official statistics suggest, since only a small fraction of African workers tend to be employed in the formal sector.
So despite myriad policy challenges -- a fragmented patchwork of governments, fragile nations with artificial boundaries drawn by colonial empires of the past, scattered wars and violence -- many African countries might be starting down the well-worn path of manufacturing-driven growth trodden by the developed world. Meanwhile, in South and Southeast Asia, poor countries like Vietnam and Bangladesh are adding factories even more rapidly. Although few expect this process to bring living standards up to the levels of Europe or Japan anytime soon, there’s hope that worldwide industrialization will at least alleviate extreme poverty.
Yet many people -- including Nobel prize-winning economist Joseph Stiglitz and researchers at the Brookings Institution -- believe that Africa and South Asia can’t follow the strategy that worked so well for Europe and East Asia. Automation, they claim, will soon render large-scale, labor-intensive manufacturing obsolete. They can point to the recent experience of developed countries, which have seen manufacturing work decline as a percent of total employment in recent years. When productivity improvements outpace demand for manufactured goods -- that is, when automation grows faster than production -- the share of workers employed in factories must decline.
Even China is not immune. A new paper by economists Osea Giuntella and Tianyi Wang finds that regions with industries more amenable to the use of industrial robots have seen employment and wages decline more in recent years. But China is already industrialized; the real danger is to the countries that are still poor. Stiglitz notes that in sub-Saharan Africa, manufacturing was lower as a percent of gross domestic product in 2000 than in 1977, and has risen only slightly since then. A 2015 paper by Harvard economist Dani Rodrik makes the case that premature deindustrialization is already hitting the developing world, declaring that “countries are running out of industrialization opportunities sooner and at much lower levels of income compared to the experience of early industrializers.”
Stiglitz and the Brookings researchers both suggest that African countries look elsewhere for growth. Their suggestions include tourism, agriculture, natural resource exports, and information technology services -- basically, everything but manufacturing. Yet most of these suggestions offer little reason for enthusiasm. Agriculture tends to automate even faster than industry. Natural resource exports are linked to political dysfunction and trap a country at the low end of the value chain. Tourism is fine, but doesn’t lead to the kind of learning-driven productivity enhancements that manufacturing is known for.
One shouldn’t dismiss manufacturing so quickly. The longer-term decline in African manufacturing probably has more to do with the failure of mid-20th-century industrial policies and central planning than with automation: It happened in the 1970s, 80s, and 90s -- when industrial robots were still not widespread, and when China and other Asian countries were rapidly gaining manufacturing jobs. Now that countries like Ethiopia, Tanzania, Vietnam and Bangladesh are industrializing more naturally, through integration into global supply chains rather than government-driven efforts at import substitution, a repeat of 20th century deindustrialization seems unlikely.
And even if manufacturing doesn’t provide quite as much employment for poor countries as in the past, factories can still have an outsized impact on overall growth. One reason is an effect called local multipliers. When a city or region exports goods to other regions, the incoming revenue gets spent locally, creating extra demand and jobs nearby. Economist Enrico Moretti, for example, finds that “for each additional job in manufacturing in a given city, 1.6 jobs are created in the nontradable sector in the same city.” Thus, even if most of the new employment in Ethiopia, Tanzania, or Bangladesh comes from restaurants, shops, hair salons, and so on, factories are still very useful for generating those service jobs.
So poor countries shouldn’t give up on manufacturing. On the contrary, they should double down. They should lure foreign investment with quality infrastructure, improved education, and streamlined regulation, while nurturing domestic entrepreneurs with export assistance. Robots may one day shut the door to traditional industrialization, but there is every reason to think that for now, the opportunity is still there for the taking.
I saw one of these the other day, it was parked out front of the gym I go to, does the style look identical...It was gas powered, but I would imagine it wouldn't take much to chage it over to battery powered...The parts are already being manufactured, no need for that part of the process...Only assembly required...Who knows what kind of deals can be struck with URAL Motorcycles on this, or whoever makes the parts for them..
https://www.google.com/search?client=ms-android-att-aio-us&source=hp&ei=S1v8XJC7LbKA5wLRsKioAw&q=ural+motorcycles&oq=ural&gs_l=mobile-gws-wiz-hp.1.0.35i39j46j0i131j0j46l2j0l2.2097592.2106348..2110624...1.0..0.182.519.1j3......0....1.......8.ck-nJGEyJ_E#imgrc=yIZFIbwLruqeRM:
Maybe Africa Really Will Be the New China
Contrary to expert opinion, manufacturing could lead the way.
By Noah Smith
June 3, 2019, 7:30 AM EDT
Still needs humans.
Still needs humans. Photographer: TONY KARUMBA/AFP/Getty Images
Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.
Read more opinion
Follow @Noahpinion on Twitter
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When people tell me that Africa will be the new China, I’m not as incredulous as I used to be. The continent is showing potential, and progress could come from what many consider to be a highly unlikely area: manufacturing.
All across Africa, investors -- many of them private entrepreneurs from China -- are building factories. Others from India, Sri Lanka, and Bangladesh are joining in, while car companies from Japan, Germany, and South Korea are declaring their intent to put assembly plants in places such as Ethiopia, Tanzania, and Ghana. Meanwhile, overall African growth is looking impressive. The International Monetary Fund forecasts that 6 of the top 10 fastest-growing economies will be African this year:
Africa Rising
Six of the world’s fastest-growing economies are in Africa, according to IMF forecasts
Source: International Monetary Fund
Manufacturing is only one factor. A recovery in natural resource prices and urbanization (which creates more demand for local services) also play important roles. That said, there may be a lot more manufacturing going on than official statistics suggest, since only a small fraction of African workers tend to be employed in the formal sector.
So despite myriad policy challenges -- a fragmented patchwork of governments, fragile nations with artificial boundaries drawn by colonial empires of the past, scattered wars and violence -- many African countries might be starting down the well-worn path of manufacturing-driven growth trodden by the developed world. Meanwhile, in South and Southeast Asia, poor countries like Vietnam and Bangladesh are adding factories even more rapidly. Although few expect this process to bring living standards up to the levels of Europe or Japan anytime soon, there’s hope that worldwide industrialization will at least alleviate extreme poverty.
Yet many people -- including Nobel prize-winning economist Joseph Stiglitz and researchers at the Brookings Institution -- believe that Africa and South Asia can’t follow the strategy that worked so well for Europe and East Asia. Automation, they claim, will soon render large-scale, labor-intensive manufacturing obsolete. They can point to the recent experience of developed countries, which have seen manufacturing work decline as a percent of total employment in recent years. When productivity improvements outpace demand for manufactured goods -- that is, when automation grows faster than production -- the share of workers employed in factories must decline.
Even China is not immune. A new paper by economists Osea Giuntella and Tianyi Wang finds that regions with industries more amenable to the use of industrial robots have seen employment and wages decline more in recent years. But China is already industrialized; the real danger is to the countries that are still poor. Stiglitz notes that in sub-Saharan Africa, manufacturing was lower as a percent of gross domestic product in 2000 than in 1977, and has risen only slightly since then. A 2015 paper by Harvard economist Dani Rodrik makes the case that premature deindustrialization is already hitting the developing world, declaring that “countries are running out of industrialization opportunities sooner and at much lower levels of income compared to the experience of early industrializers.”
Stiglitz and the Brookings researchers both suggest that African countries look elsewhere for growth. Their suggestions include tourism, agriculture, natural resource exports, and information technology services -- basically, everything but manufacturing. Yet most of these suggestions offer little reason for enthusiasm. Agriculture tends to automate even faster than industry. Natural resource exports are linked to political dysfunction and trap a country at the low end of the value chain. Tourism is fine, but doesn’t lead to the kind of learning-driven productivity enhancements that manufacturing is known for.
One shouldn’t dismiss manufacturing so quickly. The longer-term decline in African manufacturing probably has more to do with the failure of mid-20th-century industrial policies and central planning than with automation: It happened in the 1970s, 80s, and 90s -- when industrial robots were still not widespread, and when China and other Asian countries were rapidly gaining manufacturing jobs. Now that countries like Ethiopia, Tanzania, Vietnam and Bangladesh are industrializing more naturally, through integration into global supply chains rather than government-driven efforts at import substitution, a repeat of 20th century deindustrialization seems unlikely.
And even if manufacturing doesn’t provide quite as much employment for poor countries as in the past, factories can still have an outsized impact on overall growth. One reason is an effect called local multipliers. When a city or region exports goods to other regions, the incoming revenue gets spent locally, creating extra demand and jobs nearby. Economist Enrico Moretti, for example, finds that “for each additional job in manufacturing in a given city, 1.6 jobs are created in the nontradable sector in the same city.” Thus, even if most of the new employment in Ethiopia, Tanzania, or Bangladesh comes from restaurants, shops, hair salons, and so on, factories are still very useful for generating those service jobs.
So poor countries shouldn’t give up on manufacturing. On the contrary, they should double down. They should lure foreign investment with quality infrastructure, improved education, and streamlined regulation, while nurturing domestic entrepreneurs with export assistance. Robots may one day shut the door to traditional industrialization, but there is every reason to think that for now, the opportunity is still there for the taking.
Maybe Africa Really Will Be the New China
Contrary to expert opinion, manufacturing could lead the way.
By Noah Smith
June 3, 2019, 7:30 AM EDT
Still needs humans.
Still needs humans. Photographer: TONY KARUMBA/AFP/Getty Images
Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.
Read more opinion
Follow @Noahpinion on Twitter
COMMENTS
SHARE THIS ARTICLE
Share Tweet Post Email
When people tell me that Africa will be the new China, I’m not as incredulous as I used to be. The continent is showing potential, and progress could come from what many consider to be a highly unlikely area: manufacturing.
All across Africa, investors -- many of them private entrepreneurs from China -- are building factories. Others from India, Sri Lanka, and Bangladesh are joining in, while car companies from Japan, Germany, and South Korea are declaring their intent to put assembly plants in places such as Ethiopia, Tanzania, and Ghana. Meanwhile, overall African growth is looking impressive. The International Monetary Fund forecasts that 6 of the top 10 fastest-growing economies will be African this year:
Africa Rising
Six of the world’s fastest-growing economies are in Africa, according to IMF forecasts
Source: International Monetary Fund
Manufacturing is only one factor. A recovery in natural resource prices and urbanization (which creates more demand for local services) also play important roles. That said, there may be a lot more manufacturing going on than official statistics suggest, since only a small fraction of African workers tend to be employed in the formal sector.
So despite myriad policy challenges -- a fragmented patchwork of governments, fragile nations with artificial boundaries drawn by colonial empires of the past, scattered wars and violence -- many African countries might be starting down the well-worn path of manufacturing-driven growth trodden by the developed world. Meanwhile, in South and Southeast Asia, poor countries like Vietnam and Bangladesh are adding factories even more rapidly. Although few expect this process to bring living standards up to the levels of Europe or Japan anytime soon, there’s hope that worldwide industrialization will at least alleviate extreme poverty.
Yet many people -- including Nobel prize-winning economist Joseph Stiglitz and researchers at the Brookings Institution -- believe that Africa and South Asia can’t follow the strategy that worked so well for Europe and East Asia. Automation, they claim, will soon render large-scale, labor-intensive manufacturing obsolete. They can point to the recent experience of developed countries, which have seen manufacturing work decline as a percent of total employment in recent years. When productivity improvements outpace demand for manufactured goods -- that is, when automation grows faster than production -- the share of workers employed in factories must decline.
Even China is not immune. A new paper by economists Osea Giuntella and Tianyi Wang finds that regions with industries more amenable to the use of industrial robots have seen employment and wages decline more in recent years. But China is already industrialized; the real danger is to the countries that are still poor. Stiglitz notes that in sub-Saharan Africa, manufacturing was lower as a percent of gross domestic product in 2000 than in 1977, and has risen only slightly since then. A 2015 paper by Harvard economist Dani Rodrik makes the case that premature deindustrialization is already hitting the developing world, declaring that “countries are running out of industrialization opportunities sooner and at much lower levels of income compared to the experience of early industrializers.”
Stiglitz and the Brookings researchers both suggest that African countries look elsewhere for growth. Their suggestions include tourism, agriculture, natural resource exports, and information technology services -- basically, everything but manufacturing. Yet most of these suggestions offer little reason for enthusiasm. Agriculture tends to automate even faster than industry. Natural resource exports are linked to political dysfunction and trap a country at the low end of the value chain. Tourism is fine, but doesn’t lead to the kind of learning-driven productivity enhancements that manufacturing is known for.
One shouldn’t dismiss manufacturing so quickly. The longer-term decline in African manufacturing probably has more to do with the failure of mid-20th-century industrial policies and central planning than with automation: It happened in the 1970s, 80s, and 90s -- when industrial robots were still not widespread, and when China and other Asian countries were rapidly gaining manufacturing jobs. Now that countries like Ethiopia, Tanzania, Vietnam and Bangladesh are industrializing more naturally, through integration into global supply chains rather than government-driven efforts at import substitution, a repeat of 20th century deindustrialization seems unlikely.
And even if manufacturing doesn’t provide quite as much employment for poor countries as in the past, factories can still have an outsized impact on overall growth. One reason is an effect called local multipliers. When a city or region exports goods to other regions, the incoming revenue gets spent locally, creating extra demand and jobs nearby. Economist Enrico Moretti, for example, finds that “for each additional job in manufacturing in a given city, 1.6 jobs are created in the nontradable sector in the same city.” Thus, even if most of the new employment in Ethiopia, Tanzania, or Bangladesh comes from restaurants, shops, hair salons, and so on, factories are still very useful for generating those service jobs.
So poor countries shouldn’t give up on manufacturing. On the contrary, they should double down. They should lure foreign investment with quality infrastructure, improved education, and streamlined regulation, while nurturing domestic entrepreneurs with export assistance. Robots may one day shut the door to traditional industrialization, but there is every reason to think that for now, the opportunity is still there for the taking.
I'm curious why you stick around if you think they are a scam...
Odd how they never talk about their Hemp acreage in New York State on here...One would think the crop would be coming along nicely by now...They never did menton how many acres they have...A couple, a few, a hundred, a couple hundred, no one knows...Perhaps they went big and plan to sell the excess off to market to help finance the company...Now that would be nice, and very smart...
The latest from the Texas government site...
Texas Agriculture Commissioner Sid Miller is a strong supporter of industrial hemp production as a new market opportunity for Texas farmers to expand their operations and grow alternative crops.
The federal 2018 Farm Bill passed by Congress and signed by the President authorizes states to create regulations governing the production of hemp. House Bill 1325, the "Hemp Bill," was signed into law by Governor Greg Abbott on June 10, 2019. The law will not go into effect until September 1, 2019, which is the soonest date that Texas Department of Agriculture (TDA) may submit a state plan to US Department of Agriculture (USDA) for administration of the hemp program.
However, prior to submitting the state plan to USDA, the TDA is required to wait for guidance from USDA on implementation procedures related to the 2018 Farm Bill hemp provisions. Recently, USDA has informed us that they anticipate releasing that guidance in the Fall of 2019. TDA has to wait for those guidelines before we can develop our rules and submit a plan to USDA.
Additionally, once USDA guidance is received, TDA will publish rules and go through the rulemaking process to ensure the Department receives stakeholder and public input regarding the new hemp program. TDA rules will relate to licensing, production, testing, seed certification and other program oversight, as necessary. Once the USDA plan is approved and rules are adopted, industrial hemp can be grown and cultivated legally in the State of Texas.
TDA anticipates the industrial hemp growing permit application process will begin in Spring 2020.
The regulation of CBD consumables, including CBD Oil, will be handled in accordance with Food and Drug Administration (FDA) guidelines. The state agency with oversight of CBD consumables is the Texas Department of State Health Services (DSHS) and not TDA. Questions regarding those matters should be directed to that DSHS.
Please stay tuned to this page for updates on these issues.
Perhaps Africa isn't so crazy after all...
Maybe Africa Really Will Be the New China
Contrary to expert opinion, manufacturing could lead the way.
By Noah Smith
June 3, 2019, 7:30 AM EDT
Still needs humans.
Still needs humans. Photographer: TONY KARUMBA/AFP/Getty Images
Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.
Read more opinion
Follow @Noahpinion on Twitter
COMMENTS
SHARE THIS ARTICLE
Share Tweet Post Email
When people tell me that Africa will be the new China, I’m not as incredulous as I used to be. The continent is showing potential, and progress could come from what many consider to be a highly unlikely area: manufacturing.
All across Africa, investors -- many of them private entrepreneurs from China -- are building factories. Others from India, Sri Lanka, and Bangladesh are joining in, while car companies from Japan, Germany, and South Korea are declaring their intent to put assembly plants in places such as Ethiopia, Tanzania, and Ghana. Meanwhile, overall African growth is looking impressive. The International Monetary Fund forecasts that 6 of the top 10 fastest-growing economies will be African this year:
Africa Rising
Six of the world’s fastest-growing economies are in Africa, according to IMF forecasts
Source: International Monetary Fund
Manufacturing is only one factor. A recovery in natural resource prices and urbanization (which creates more demand for local services) also play important roles. That said, there may be a lot more manufacturing going on than official statistics suggest, since only a small fraction of African workers tend to be employed in the formal sector.
So despite myriad policy challenges -- a fragmented patchwork of governments, fragile nations with artificial boundaries drawn by colonial empires of the past, scattered wars and violence -- many African countries might be starting down the well-worn path of manufacturing-driven growth trodden by the developed world. Meanwhile, in South and Southeast Asia, poor countries like Vietnam and Bangladesh are adding factories even more rapidly. Although few expect this process to bring living standards up to the levels of Europe or Japan anytime soon, there’s hope that worldwide industrialization will at least alleviate extreme poverty.
Yet many people -- including Nobel prize-winning economist Joseph Stiglitz and researchers at the Brookings Institution -- believe that Africa and South Asia can’t follow the strategy that worked so well for Europe and East Asia. Automation, they claim, will soon render large-scale, labor-intensive manufacturing obsolete. They can point to the recent experience of developed countries, which have seen manufacturing work decline as a percent of total employment in recent years. When productivity improvements outpace demand for manufactured goods -- that is, when automation grows faster than production -- the share of workers employed in factories must decline.
Even China is not immune. A new paper by economists Osea Giuntella and Tianyi Wang finds that regions with industries more amenable to the use of industrial robots have seen employment and wages decline more in recent years. But China is already industrialized; the real danger is to the countries that are still poor. Stiglitz notes that in sub-Saharan Africa, manufacturing was lower as a percent of gross domestic product in 2000 than in 1977, and has risen only slightly since then. A 2015 paper by Harvard economist Dani Rodrik makes the case that premature deindustrialization is already hitting the developing world, declaring that “countries are running out of industrialization opportunities sooner and at much lower levels of income compared to the experience of early industrializers.”
Stiglitz and the Brookings researchers both suggest that African countries look elsewhere for growth. Their suggestions include tourism, agriculture, natural resource exports, and information technology services -- basically, everything but manufacturing. Yet most of these suggestions offer little reason for enthusiasm. Agriculture tends to automate even faster than industry. Natural resource exports are linked to political dysfunction and trap a country at the low end of the value chain. Tourism is fine, but doesn’t lead to the kind of learning-driven productivity enhancements that manufacturing is known for.
One shouldn’t dismiss manufacturing so quickly. The longer-term decline in African manufacturing probably has more to do with the failure of mid-20th-century industrial policies and central planning than with automation: It happened in the 1970s, 80s, and 90s -- when industrial robots were still not widespread, and when China and other Asian countries were rapidly gaining manufacturing jobs. Now that countries like Ethiopia, Tanzania, Vietnam and Bangladesh are industrializing more naturally, through integration into global supply chains rather than government-driven efforts at import substitution, a repeat of 20th century deindustrialization seems unlikely.
And even if manufacturing doesn’t provide quite as much employment for poor countries as in the past, factories can still have an outsized impact on overall growth. One reason is an effect called local multipliers. When a city or region exports goods to other regions, the incoming revenue gets spent locally, creating extra demand and jobs nearby. Economist Enrico Moretti, for example, finds that “for each additional job in manufacturing in a given city, 1.6 jobs are created in the nontradable sector in the same city.” Thus, even if most of the new employment in Ethiopia, Tanzania, or Bangladesh comes from restaurants, shops, hair salons, and so on, factories are still very useful for generating those service jobs.
So poor countries shouldn’t give up on manufacturing. On the contrary, they should double down. They should lure foreign investment with quality infrastructure, improved education, and streamlined regulation, while nurturing domestic entrepreneurs with export assistance. Robots may one day shut the door to traditional industrialization, but there is every reason to think that for now, the opportunity is still there for the taking.
Dude, I hope you're right with this prediction...Nothing would make me happier...
I bought in at .008, I have my million shares put on a shelf...I'm in no rush...I see this thing going very high...I'm a long haul person...In the meantime I have a decent day job to pay my bills...
Suddenly, after some good news, people are being warned about staying with this company...Makes me want to stay... LOL
Just go to, Hemp farming in texas, on your Google...It will bring up information from Texas like their goverment site...
I guess things could always change, but this is how things stand right now...
Texas Gov. Greg Abbott has signed a hemp law that adds the nation's second-largest state to the list of more than 42 others with commercial hemp farming. ... The Texas law takes effect immediately but requires would-be hemp farmers to wait until 2020 to start growing the plant.8 hours ago
Only one growing season will be missed...This wasn't even supposed to happen, but then the Farm Bill sprang up out of no where...If they get it going by Septemberish, we still have the greenhouses to kick things off...I originally bought into this for the Canadian marijuana end of this business...The sooner the better, agreed...But as far as I"m concerned, it's all good...
Hemp Hemp Hurray! The day finally arrived - After 5 years on working on bringing this amazing plant to Texas - with the help of many people and special thanks to Representative Tracy King and Senator Charles Perry, Governor Abbott signs the hemp bill to allow Texas farmers to grow hemp. This crop can be a true game changer for our agriculture community and rural communities. The law gives
We will be growing hemp in Texas once the Texas Department of Agriculture establishes rules that are approved by the USDA. This may not happen until 2020. IT IS ILLEGAL TO GROW HEMP OR MANUFACTURE HEMP CONSUMABLE PRODUCTS IN TEXAS WITHOUT A LICENSE.
Seed sources will need to come from certified or approved seed vendors - DO NOT BE PURCHASING SEEDS WITHOUT A LICENSE.
(1) an application fee for an initial license in an amount not to exceed $100;
There was not a signing ceremony so we will be organizing regional meet ups. Stay tuned. Time to CELEBRATE and JOIN THE TXHIA!
www.txhia.org/join
Read the bill here https://capitol.texas.gov/tlodocs/86R/billtext/html/HB01325F.htm
And the wave just keeps on getting bigger...
Kroger adds CBD products to Michigan stores
KEN HADDAD
JUNE 10, 2019, 2:06 PM
Kroger is the latest retailer to get into the CBD business.
The Midwest-based grocery chain says they are adding CBD products to Michigan stores, joining a growing trend.
In a statement to Local 4, Kroger said: "Like many retailers, we are offering our customers a highly-curated selection of topical products like lotions, balms, oils and creams that are infused with hemp-derived CBD. CBD is a naturally-occurring and non-intoxicating compound that has promising benefits and is permitted within federal and state regulations. Our limited selection of hemp-derived CBD topical products is from suppliers that have been reviewed for quality and safety."
Related: Study finds CBD effective in treating heroin addiction
As states have liberalized the use of marijuana, CBD-related products such as oils, lotions, chocolates and even dog food have stormed the market.
Market analysts expect the hemp-derived CBD market alone to hit between $15-20 billion in the next five to six years.
I saw one of these the other day, it was parked out front of the gym I go to, does the style look identical...It was gas powered, but I would imagine it wouldn't take much to chage it over to battery powered...The parts are already being manufactured, no need for that part of the process...Only assembly required...Who knows what kind of deals can be struck with URAL Motorcycles on this, or whoever makes the parts for them..
https://www.google.com/search?client=ms-android-att-aio-us&source=hp&ei=S1v8XJC7LbKA5wLRsKioAw&q=ural+motorcycles&oq=ural&gs_l=mobile-gws-wiz-hp.1.0.35i39j46j0i131j0j46l2j0l2.2097592.2106348..2110624...1.0..0.182.519.1j3......0....1.......8.ck-nJGEyJ_E#imgrc=yIZFIbwLruqeRM:
LOL...You funny...
Honestly, I would feel less comfortable if Pura hadn't paid for this appraisal...People pay to get things appraised all the time, no big deal...It doesn't mean they're running a scam...Popular word around message boards, Scam...If Pura didn't pay for this appraisal I would begin to wonder what the appraisal company was getting out of it from behind the scene...But if Pura really wanted to B.S. people, they would have found a company that would have left the whole fee thing out of the picture...
I'm good, my shares are staying...I have a good day job to pay my bills...LOL...I'll just keep a finger on the pulse of this thing and hope it takes off...
A lot of people have said that KALY, is a scam too...A couple of people on this board have posted about it, you know, their gum and all that...I guess New York State disagrees with them... LOL
I wonder who's in charge of growing it for New York State...
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FINANCE
KALY - Kali Extracts Announces $6 Million 2019 Revenue Potential From CBD Extraction With Revenue Potential That Could Go Higher
GlobeNewswireJune 4, 2019, 5:09 PM UTC
DALLAS, June 04, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (KALY) (“KALY”) today announced having $6 million in 2019 revenue potential after entering into an agreement with a New York State Licensed Hemp Cultivation Operation anticipated to generate an estimated $5 million in revenue for KALY. The company was already targeting $1 million in sales from its existing consumer cannabis extract infusion business and with the $5 million contract announced today, KALY now has the potential of realizing $6 million in revenue this year in 2019.
Kali-Extracts owns and operates a U.S. Patented Cannabis Extraction Process. The New York State Licensed Hemp Cultivation Operation has entered into an agreement with KALY to consign its upcoming hemp harvest to KALY whereby KALY will extract CBD from the harvested hemp and market the extracted CBD under the Kali-Extracts brand name. Under the terms of the consignment agreement, KALY will remit payment to the New York State Licensed Hemp Cultivation Operation for the harvested hemp after Kali-Extracts’ sale of the extracted CBD. Based on current market prices for hemp-derived CBD and the size of the New York State Licensed Hemp Cultivation Operation’s indoor growing capacity, the estimated 2019 revenue potential to KALY from the contract announced today is $5 million.
KALY will utilize ad mobile extraction lab for the extraction contract announced today. KALY anticipates winning similar extraction contracts. Accordingly, the $6 million revenue potential could go higher.
Legal here in Michigan...And I've smelled it more than once while I've been out and about...CBD can be bought at every Family Video and corner gas station... LOL
Funny how on ANCE's message board is excitement and everyone on here is doing the death march...Guess the sharks haven't gotten to them yet... LOL
Odd how this stock falls and ANCE, moves up the ladder...Just saying...
NEXT UP
Two churches to offer Financial Peace University
Two churches to offer Financial Peace University
Zach Davis: Where we’re at with industrial hemp in Texas
By Zach Davis Agriculture & Natural Resources Commentary 30 min ago
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The 2019 Texas Legislature wrapped up this week, but industrial hemp is still up in the air. What’s the hold up?
Gov. Greg Abbott has to sign the bill into law. House Bill 1325 easily passed the House and the Senate, but that doesn’t mean everyone can get their hemp planters out and go to town. If Abbott signs the bill into law, the Texas Department of Agriculture still has to implement the law.
I was in Austin a couple of weeks ago and listened to a presentation given by Sid Miller, commissioner of the Texas Department of Agriculture. “We’re still a year away from getting hemp in the ground. We have to put together a permitting process, take applications and issue permits. We’ve still got a lot to do on hemp.”
Legal Hemp In Texas: Lone Star State Poised To Legalize Industrial Hemp
Kit O'Connell Kit O'Connell
14 hours ago
A bill passed by the Texas Legislature will usher in a new era of legal hemp in Texas. The same bill will also explicitly legalize the sale of CBD oil supplements by licensed vendors.
“It was voted out of the House and the Senate unanimously,” said Coleman Hemphill, president of the Texas Hemp Industries Association, a recently formed chapter of the national Hemp Industries Association nonprofit. Ministry of Hemp is also a member of the HIA.
HB 1325 passed the legislature and was sent for signature on May 26. Texas Governor Greg Abbott is expected to sign the bill into law. However, it’s unclear when farmers will actually be able to plant the crop.
“Texas will have to wait until the USDA puts out its [hemp growing] rules, which who knows when that will happen,” said Hemphill.
Predictions for the release official federal guidelines on hemp growing vary from late this year to sometime in 2020.
The bill also clarifies the legality of CBD oil supplements in Texas. Everyday people would be allowed to possess and consume CBD, a massively popular nutritional supplement derived from hemp with numerous benefits. However, CBD sales would be limited to permitted establishments, a process that will be overseen by the state’s health departmen