New cannabis law could be big boost for Alberta hemp industry
27 Jun 2018
EDMONTON JOURNAL. While pot smokers are cheering Canada’s looming legalization of recreational marijuana, the move is also poised to provide a big boost to the country’s growing hemp industry.
Producers expect their revenues to soar because sections of the Cannabis Act will allow them to extract non-narcotic cannabidiol (CBDs) from hemp flowers, leaves and chaff that under current laws must be discarded.
“It’s a game-changer for us,” said Diane Jang, chief executive of Hempco Food and Fibre Inc., which expects to open an industrial hemp processing plant in Nisku by early July.