The U.S. Department of Agriculture (USDA) has released a comprehensive "Hemp Research Needs Roadmap," alongside a substantial $10 million investment in hemp studies through Oregon State University.
The $10 million investment aims to explore hemp's economic potential for Native American Tribes in the Northwestern U.S.
Identifying Research Priorities
The 19-page roadmap, shaped by stakeholder input, delineates four key areas of focus: Breeding and Genetics, Best Practices for Production, Biomanufacturing for End Uses and Transparency and Consistency.
These priorities span the entire hemp supply chain, underlining their significance in advancing the industry's research endeavors.
Harnessing American Agricultural Expertise
The USDA underscores the importance of leveraging insights from the broader agricultural domain to optimize hemp cultivation.
By integrating knowledge from various agricultural sectors, the aim is to scale up production and deliver high-quality hemp products globally.
Promoting Collaboration: A Public-Private Hemp Consortium
These initiatives align with President Joe Biden's 2022 executive order prioritizing U.S. competitiveness in biotechnology and manufacturing.
In addition to funding and research goals, the roadmap proposes the establishment of a public-private "hemp consortium." This collaborative platform seeks to foster partnerships, streamline research efforts, mitigate risks, and pool resources across the hemp supply chain.
The roadmap stems from the 2022 National Hemp Industry Research Needs Workshop, co-hosted by USDA and Oregon State University's Global Hemp Innovation Center.
The workshop addressed key topics such as plant breeding, sustainable production, manufacturing, economics, and compliance, aligning with the roadmap's over-arching objectives.
The Benzinga Cannabis Capital Conference is returning to Florida in a new Hollywood venue on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn, and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
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The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!