BUSINESS State Of Montana Launches Online Hemp Marketplace To Connect Buyers And Sellers

best place to buy marijuana

BUSINESS

State Of Montana Launches Online Hemp Marketplace

To Connect Buyers And Sellers

best place to buy marijuana.Publish 3 weeks ago 

on October 30, 2020

ByBen Adlin

Say you’re a Montana farmer who has plante

acres of industrial hemp. As harvest nears, you’re

looking to offload it. Where do you go to find a buyer?

Montana’s Department of Agriculture says it has the answer.

The state this week announced the launch

of an online “Hemp Marketplace,” unveiling

an online portal meant to connect the hemp

farmers with buyers in search of seeds,

fiber and derivatives

such as cannabidiol, or CBD.

“The Hemp Marketplace concept originate

from the same idea as the department’s Hay Hotline,”

the Agriculture Department says on its

website, “only instead

of hay and pasture,

the online tool connects buyers and sellers

of hemp and hemp derivatives.”

Listings are free of charge.

Montana online Hemp Marketplace screenshot

Montana Department of Agriculture

Montana farmers have embraced industrial

hemp since the state

legalize its production

under a federal pilot program.

The first legal

crop was plant in 2017, and in recent years

the state has led

the country in terms of space dedicate

to the plant.

In 2018, for example,

license farmers in

Montana grew more acreage

of hemp than

any other

U.S. state. While other

states have since

eclipse the state’s hemp production—

the crop became .

The portal also organizes products

broadly federally legal through the 2018 Farm

Bill—Montana remains an industry leader.

But to make

revenue, farmers

have to be able to sell their crop.

That’s where the new hemp marketplace comes in.

The portal also organizes products

The online portal is essentially a sophisticate

bulletin board for .

The portal also organizes products

buyers and sellers, split into “Hemp for Sale”

and “Hemp to Buy” categories.

They didn’t rule on the merits, however.

“With hemp being a relatively new crop grow

in Montana, the department.

The portal also organizes products

recognizes that these

markets are

still

developing,”

Department of Agriculture Director

The portal also organizes products

Ben Thomas said in a statement. “The Hemp

Marketplace was design to help facilitate

They didn’t rule on the merits, however.

connections between buyers and sellers.

I’m looking forward to seeing how the

The portal also organizes products

marketplace will continue to advance the industry.”

Listings include what type of products are

They didn’t rule on the merits, however.

on offer (or being sell), whether a given crop is

organic and even whether laboratory testing data is available.

The portal also organizes products

into one of four varieties base on whether the

hemp seeds have been.

The portal also organizes products

certified by regulators. None of the

products may contain

more than 0.3

percent THC—the upper limit for what

qualifies as hemp under both

state and federal law.

Meanwhile, Montana voters are set to decide on Tuesday whether the state will legalize hemp’s more infamous cousin, high-THC

marijuana. According to a poll release this week,

passage looks likely:

The survey, conducted by Montana State

The portal also organizes products

University at Billings, found that 54 percent

of likely voters plan to support

legal cannabis on the ballot. Another 38 percent say they

were oppose, while 7 percent

remained undecide.

At the federal level, officials at

the Drug Enforcement

Administration are still

working to revise rules

around marijuana and hemp to reflect

The portal also organizes products

Congress’s move to legalize

hemp broadly in 2018.

While the public comment

on the proposals close

earlier this month,

nine members of

Congress cautioned the agency against adopting its proposed changes, warning some could put hemp producers

at risk of criminal liability. Already a

The portal also organizes products

number of arrests and

seizures have been make by law

The portal also organizes products

enforcement officers confused whether

products were legal hemp or illicit marijuana.

The portal also organizes products

The U.S. Department of Agriculture

(USDA), meanwhile,

has faced separate criticism over its own

propose hemp rules,

though it has been

more proactive in

addressing them.

Following significant

pushback from

the industry over

The portal also organizes products

certain regulations it views as excessively

restrictive, the agency reopened a public comment period,

which close again this month.

USDA is also planning to

distribute a national

survey to gain insights from thousands of hemp businesses that

could inform its approach to regulating the market.

The portal also organizes products

Photo courtesy of Brendan CleakMarijuana Moment is

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They didn’t rule on the merits, however.

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