Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) and joint venture partner Marijuana Company of America (OTC: MCOA) have announced this week that the companies have completed the planting of 125 acres of industrial hemp plants in the northeast portion of the province of New Brunswick, Canada.
Global Hemp Group and MCOA have reported that the companies are preparing for the pending changes to the legal framework regarding the ability for their farmers to process hemp biomass for the extraction of cannabinoids by purchasing a high capacity hemp dryer for the project. The dryer is expected to be delivered to the New Brunswick facility in early August.
The joint venture partners have also, collaborated with the New Brunswick Department of Aquaculture, Agriculture and Fisheries (DAAF) and have been awarded a grant of $10,750 to support specifically chosen projects during the current cropping season in New Brunswick.
The first area of collaboration will be to study the impact of the European Corn Borer (ECB) on the hemp plant. From the cultivation trial last year, some hemp stalk damage was noted from the ECB. This study will determine if the ECB causes economically significant damage to the crop and will explore control options with further cooperative efforts. Results from this study could potentially benefit the entire emerging industrial hemp industry in NB.
In addition, the DAAF grant will be used to explore correcting soil acidity utilizing slag lime, an abundant resource in the region, and to subsidize the use of modern drone technology to monitor field conditions at the farms.
The DAAF is also conducting a Nitrogen fertility project on a portion of one of the hemp farms. The rates of Nitrogen fertilizer applied to hemp is being tested as a local follow up to research conducted at McGill University.
In order to maintain consistency with the different hemp varieties grown for their project this year, Global Hemp Group and MCOA have engaged Hawkeye Drone Services to fly over the hemp farms with drones equipped with multispectral cameras which will provide provide a holistic view of a crop’s growth, identify issues with the crop and better target field scouting. The data collected by the state-of-the-art drone will also provide soil moisture, temperature, and utilize specialized software which doesn’t require years of background crop evaluations to determine physically stressed or unhealthy areas.
You may be interested
Green Growth Brands Raises C$85 Million Via Private PlacementEditor - September 25, 2018
This morning, Green Growth Brands Ltd. announced that their company has raised C$85 million dollars via a private placement. The capital raise involved a series of strategic…
Cash Crop Today Interview with CEO of Open Grow™ João MeloEditor - September 25, 2018
Open Grow™ is a company located in Portugal that is dedicated to the research and creation of automation solutions for the agricultural growing environments. Their company aims to…
Lender420 Provides Funding Solutions to Fit Your Company’s Equipment NeedsEditor - September 24, 2018
Purchasing equipment involved in the cultivation, processing, manufacturing, and distribution of the cannabinoid-derived products can be one of the most expensive costs of setting up a successful…