SOURCE: Bruce Kennedy – WeedWorthy
At a convention center in Loveland, Colorado – an agricultural area surrounded by cattle feed yards, wheat fields and the occasional oil rig – thousands of attendees turned out for the third annual NoCo Hemp Expo earlier this month.The event was about double the size of the previous year’s, with over 130 exhibitors, 75 speakers and about a dozen workshops for those interested in the rapidly-growing industrial hemp industry.“I love the energy here,” said David Neisingh, co-founder of Reakiro Labs, a European-based firm that specializes in hemp production, investment and development. As one of the expo’s featured speakers, Neisingh showed off a bicycle with a frame made mostly from hemp, and powered by a hemp-oil motor.While Europe and other parts of the world have been producing, selling and perfecting hemp products for decades, federal U.S. laws still prohibit most hemp production due to the Controlled Substances Act (CSA), which considers hemp to be on the same level with marijuana, its varietal cousin. Hemp, like marijuana, comes from the cannabis sativa plant – but unlike marijuana industrial hemp contains only trace amounts of THC, the chemical compound that gives marijuana its high.Hemp’s uses as food, clothing and medicine have been making headlines for years – and a lot of attention has been focused recently on how cannabidiol (CBD), a compound derived from hemp, may have significant healthcare uses in relieving epilepsy, Crohn’s Disease and other ailments.
Hemp is also making rapid inroads in construction, with materials such as hempcrete, as well as in auto body production.
“There’s actually a huge demand for non-woven (hemp) fibers for the auto industry,” Neisingh noted. “Just take Renault and Peugeot, the French (car) manufacturers. They said they need about 50-thousand hectares, which is about 125-thousand acres, just to supply their own demand.”
Neshama Abraham, communications director for the National Hemp Association, says the NoCo Hemp Expo underscores the pent-up demand for industrial hemp in the United States.
“I think America is waking up to hemp being so versatile, its having so many different applications and being so sustainable,” she noted. Before its prohibition in the 1970s hemp was a major part of American agriculture, “so we have a crop that has a real history in the United States and I think people are relearning that.”