We added a 5th lab last fall especially for hemp testing for all those not aware of this. I believe this could add a decent amount of revenues. Here is a link I posted on the other board.


StevenRisk Sunday, 02/11/18 07:33:17 PM
Re: None
Post #
41686
of 41686
https://mjbizdaily.com/hemp-state-highlight-o...-products/

Industry snapshot

Oregon has authorized hemp cultivation since 2009. But the state’s Department of Agriculture didn’t license the first hemp grower until 2015, after Congress expressly authorized states to allow hemp.

The Oregon hemp industry has grown exponentially in just two years. As of 2017, Oregon has:

233 licensed hemp growers
170 licensed hemp processors, called “handlers”
119 licensed producers of viable hemp seed
3,500 outdoor acres licensed for cultivation
The state requires separate licenses for growing and processing hemp, though some businesses hold both. Each license costs $1,300 a year.

Oregon also issues a license for producing viable hemp seed. Those permits cost $120 a year and must be held in conjunction with a growing or processing license.