22nd Century Group Inc (XXII)

[2014shelby]

From XXIIs website:

..... But the rules have started to loosen, and it now is legal to raise industrial hemp as part of pilot programs in more than half of the states, including New York. The key is that the hemp has a THC content of no more than 0.3 percent, compared with 3 percent to 15 percent in marijuana plants. Industrial hemp crops that cross the 0.3 percent threshold have to be destroyed, creating risks for farmers since THC levels can vary.

That variability is what excites Paul Rushton, 22nd Century's vice president for plant biotechnology. He believes 22nd Century, through its partnership with a marijuana breeding and testing lab in Vancouver, has come up with a way to produce industrial hemp plants that have no THC, the main psychoactive element in marijuana.

"We're in a really unique position," Rushton said.

"It's advances like this that can make a difference," he said. "There's so much untapped possibility here."

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