Hemp
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Generation Hemp Reports Quarterly Financial Statements to SEC, Announces New Processing Contracts and Brand Launches
Previously Published to Benzinga: The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. A midstream company in hemp, Generation Hemp, Inc. GENH has made a name for itself in the drying, cleaning, processing and storing of hemp and hemp byproducts, further earning a reputation among its contemporaries as the “dry cleaners of the hemp industry.” On August 16, 2021, Generation Hemp officially announced new contracts under its wholly-owned subsidiary, GENH Halcyon Acquisition, LLC, as well as a few updates in the launch of the upcoming Rowdy Rooster and Kentucky Gold hemp animal bedding brands. This announcement comes shortly after filing the company’s latest quarterly…
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Why Is There a Renewed Interest in Hemp by Textile and Manufacturing Companies?
Previously Published to Benzinga: The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The truth is, the interest in hemp by textile and manufacturing companies never really left. The demand has always been there, but legal restrictions needed to be lifted so that hemp could be grown in the U.S. and companies could use hemp in products and materials. In the meantime, U.S. companies relied on imports. In addition to its known uses, new technological discoveries have been made in the use, sustainability and impact of hemp on the environment. To put it simply, both the fiber and hurd…
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Cannabis Investors Should Know the Difference Between Marijuana and Hemp
Previously Published to Benzinga: The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Canada, France and China are the leading manufacturers of industrial cannabis in the U.S. today. Yet our nation has seen a dramatic increase in hemp farming across the entire continent. Research and Markets estimates that the global industrial hemp market will reach $17.4 billion by 2027, up from $5.6 billion in 2020. A Short History of Hemp As a people, we have been using hemp for more than 10,000 years. There were traces of it found in Asia as early as 8000 B.C. The forefathers…
