How Industrial Hemp Can Lead to Business Growth 9/22/2020 TODAYS - - PowerPoint PPT Presentation

How Industrial Hemp Can Lead to Business Growth

9/22/2020

TODAY’S AGENDA

Webinar Speaker Moderator

• 1. About NIP Group
• 2. Overview of Today’s Webinar
• 3. Current Size of the Hemp Industry
• 4. What Can You Do With Hemp?
• 5. Hemp Resources Near You
• 6. Why Switch to Hemp?
• 7. Q&A

3

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Introduction

The popularity of CBD has no doubt grown with more states legalizing cannabis, as well as, the passing of the Farm Bill in 2019. However, there is evidence that the CBD marketplace is saturated with brands with no clear outlet to effectively sell these products. The availability of CBD products may quite simply outpace the consumer demand creating a surplus, ultimately driving down the price of raw materials. So, how do you ensure that you are thinking long-term about your crop and making long term plans to

• ptimize your hemp harvest?

Have you considered cultivating hemp for something other than CBD? Are you testing the cultivation conditions for hemp strains that can be used for industrial products? Are you diversifying your crop strain portfolio to pivot into new markets? In this webinar, we will discuss how to future-proof your harvest. We will explore how to find industry leaders and partners to create research agreements on the development of new products. There have been dozens

• f arguments in the past about the many uses of industrial hemp. Now that we have industrial hemp, how

are we bringing back hemp industrialization, and subsequently manufacturing jobs to the US?

Overview of Webinar Goals

Discussion of the Size of the US Hemp Industry provided by the Farm Bill in 2019 All of the buzz around hemp is related to the pharmaceutical properties of CBD - but is that really all that hemp has to offer? We want to generate ideas and provide direction on how cultivators start thinking bigger the CBD. What else can we do with this cash crop? We have heard the arguments before - hemp can replace plastic, paper, hempcrete, and create fuel. Now that we have hemp, are we making moves to bring these products to life? How do we begin to think about the hemp harvest as more than a source of CBD and start capitalizing on the benefits of industrial hemp?

Why was Hemp Important to Our Founding Fathers?

Hemp dates back in the United States to Jamestown where it was growth for sails, rope, and clothing. Hemp was a cash crop and George Washington pushed for the growth of hemp. Early laws required American farmers in several colonies to grow hemp. Other presidents known to have farmed hemp for alternative purposes include Thomas Jefferson, James Madison, James Monroe, Andrew Jackson, Zachary Taylor, and Franklin Pierce. Abraham Lincoln used hemp seed oil to fuel his household lamps. Hemp was exported to England where it was used for clothing, shoes, maps, books, ship’s rigging, parachute webbing, baggage, sails, and tents. For over 200 years, hemp was considered a legal currency that could be used to pay taxes.

License Hemp Acreage is Bigger Than Ever

• As of June 2020, licensed total hemp acreage

to date had reached 465,787 acres for the 2020 production season, with 47 state departments of agriculture reporting numbers to Hemp Industry Daily.

• The 2020 licensed acreage is a 9% decrease,

compared to 511,442 total licensed acres of hemp across 34 states in 2019, which was more than quadruple the number of acres licensed from 2018, industry advocacy group Vote Hemp reported last fall.

There are dozens of CBD brands on the market… With it growing every day.

• Zatural
• Nutiva
• Manitoba Harvest
• Edens Garden
• Canada Hemp Foods
• Miracle Botanicals
• VitaScents
• Zhou Nutrition
• HAVASU NUTRITION
• Intrinsic Hemp
• The Fay Farm
• Absolute Nutrition
• NatulabUSA
• Charlotte’s Web
• +PlusCBD
• Reliva CBD Wellness
• Elixonal
• JustCBD
• Premium Jane
• Core CBD
• Pure Kana
• CBD Distillery
• NuLeaf Naturals
• Veritas Farms
• Endoca
• Isodiol
• Leafywell
• Steve’s Goods
• Hemptown USA
• High Grade Hemp Seed
• Green Garden Gold
• Extract Labs
• Naturvet
• Sagely Naturals
• Restorative Botanicals
• R&R Medicinals
• Wellution

So What Can You Do? Pivot.

To future proof your harvest - you must PIVOT. Don’t follow the hype of CBD. Remember that hemp is bigger than CBD.

Henry Ford built a vehicle in 1941 of hemp fibers

Renew Sports Cars with Bruce Dietzen

THIS IS A HEMP CAR!

Products that can be made from hemp

• Sunscreen
• Hemp milk
• Hemp oil
• Protein powder
• Flour
• Hemp seed
• Textiles
• Absorption materials for diapers
• Hempcrete/bricks
• Biodiesel
• Pet food (dogs, cats, horses)
• Cat litter
• Pet bedding
• Insulation
• Rope
• Organic compost
• Fiberboard
• Pet food (dogs,

cats, horses)

• Cat litter
• Pet bedding
• Insulation
• Rope
• Organic compost
• Fiberboard

Diversify your Crop Portfolio - Try Different Strains

Hemp for Grain/Seed

• Cultivars are slender - about 5-7 feet tall.
• Hemp grain, an oil seed with high protein content

with high nutritional value.

• Planting method: Grain drill, broadcast seeder or

corn planter

• Planting rate: 25-35 pounds/acre
• Harvest time: At maturity, generally 100-120 days

after planting;

• Harvest method: Regular combine
• Post-harvest handling: Clean before storage in a

grain bin, where forced air dries the crop

• Other comments: Some cultivars may also be

harvested for fiber after combining Hemp for Fiber and Construction.

• Cultivars are very slender ranging from 10 to 18

feet tall

• Cultivated for bast fiber and hurd
• Planting method: Grain drill or broadcast seeder
• Planting rate: 50-70 pounds/acre
• Harvest time: Around the time of pollination,

generally 45-70 days after planting; In warmer climates - more than 1 harvest can be achieved annually.

• Harvest method: Mower (sickle or disc mower) and

a hay baler (round or large square)

• Post-harvest handling: Left to field dry to 15%

moisture, then baled

Find Universities Conducting Hemp Research

• Research Involving Cannabis, Hemp, and Marijuana - University of Connecticut
• Industrial Hemp Pilot Project - University of Florida
• MSU Hemp Extension - Michigan State University
• Industrial Hemp Production - University of Illinois
• The Purdue Hemp Project - Purdue University
• UK Industrial Hemp Agronomic Research - University of Kentucky
• Industrial Hemp Research at the WCROC - University of Minnesota
• CDA Industrial Hemp Research and Development Program - University of Colorado - Boulder
• Hemp Research - Utah State University
• Global Hemp Innovation Center - Oregon State University
• School of Integrative Plant Science - Cornell University

Explore Manufacturers Near You - It’s a Google Search!

Google Search: Fabric Manufacturers Google Search: Plastic Manufacturers Google Search: Packaging Manufacturers

Fabric Manufacturers

Plastic Manufacturers

Packaging Manufacturers

Why Should Manufacturers Switch to Hemp?

Hemp is less expensive to produce that using trees for paper products Hemp is sustainable Hemp is consider “green” and people are looking to make sustainable purchases Hemp is cultivated in the United States - if you find manufacturers in the United States - then the products are produced in the United States. There is ALOT to be said about bringing back manufacturing jobs.

Hemp is Carbon Negative

Learn More Contact Information NIP Group, Inc. 800-446-7647 www.nipgroup.com Cannabis Business Growth char@cannabisbusinessgrowth.com 269-208-7918

Q & A

Webinar Speaker Moderator

• 1. About NIP Group
• 2. Overview of Today’s Webinar
• 3. Current Size of the Hemp Industry
• 4. What Can You Do With Hemp?
• 5. Hemp Resources Near You
• 6. Why Switch to Hemp?
• 7. Q&A