Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Flora Growth Corp. (FLGC) Message Board

420 with CNW — How the Fashion Industry Is Givin

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 278
(Total Views: 404)
Posted On: 11/17/2021 4:53:55 PM
Avatar
Posted By: NetworkNewsWire
420 with CNW — How the Fashion Industry Is Giving Hemp Fiber a Hand Up

Farmers were allowed to legally cultivate industrial hemp after the 2018 farm bill was passed. Before the plant was banned, it was widely grown in different parts of the country. The plant’s seed, grain and fiber are used in different industries, including the pharmaceutical, animal care, construction and fashion industries.

Retailers and consumers in the fashion industry are keen on using the plant in their many processes, as it provides a sustainable alternative to synthetic materials as well as cotton. This interest continues to grow as the environmental crisis in fashion also intensifies.

Synthetic fibers are cheaper to mass produce, which may explain why they account for 60% of global fiber consumption. The issue isn’t mass production; rather, it’s the minute pieces of plastic shedding from clothes made from these materials that are the problem. These micro-plastics make up almost 35% of micro-plastics in the ocean.

Additionally, natural fibers require a lot of resources for production to occur. For instance, cotton needs roughly 712 gallons of water in order to produce a T-shirt from the material.

This makes the use of hemp fiber, which is not only sustainable but also biodegradable, appealing. However, before its fiber can be produced on a large scale, the United States needs to reconstruct its infrastructure.

Patagonia Materials Developer’s Alexandra LaPierre, stated that hemp was a low-till crop that needed very little water as well as no pesticides, which made the process of cultivating the plant a naturally sustainable practice. Most farmers in America use hemp as a rotation crop as it replenishes nutrients in the soil.

In order to decrease the waste produced by fast fashion and alleviate climate change, companies are focused on using more sustainable ways to afford consumers trendy styles while also producing less waste. Some companies are already developing solutions to help build an ecosystem around industrial hemp by investing millions that will facilitate the advancement of hemp processing technologies, linking the supply chain and connecting farmers to different partners in the country.

One of these companies is Bastcore, which revealed that it had received about $3 million in financing, which will be used to advance its decortication and degumming technology. Decortication refers to the stripping of the outer layer of the plant. On the other hand, degumming helps separate the plant’s fiber from its woody core and also removes pectins and sticky lignins.

The company plans to employ a huge workforce in order to meet the fashion market’s demand for industrial hemp in the future. As companies such as Flora Growth Corp. (NASDAQ: FLGC) expand their hemp textile operations, demand for hemp strains specifically developed for fiber production is likely to surge.

NOTE TO INVESTORS: The latest news and updates relating to Flora Growth Corp. (NASDAQ: FLGC) are available in the company’s newsroom athttps://cnw.fm/FLGC

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer




(0)
(0)




Flora Growth Corp. (FLGC) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us