Every part Cannabis sativa – stalks, seeds, flowers and leaves – can be harvested and processed, making hemp a versatile plant with multiple uses. This means that a single crop has the potential to produce a wide range of products, including biomaterials, cosmetics, feed, food and supplements.
In addition the use of plant extracts, such as CBD, is growing worldwide and represents a major opportunity for growers to produce higher value crops.
Attendees had the opportunity to meet the key players across the value chain and learn more about what is involved in the broadacre and controlled environment production of hemp and cannabis, new variety development, processing solutions and needs, regulatory requirements and potential routes to market.
And, most importantly, how the business model could work and how – and in which directions – the money is going to flow.