One Plant = 30,000+ Opportunities, Breaking Down Industrial Hemp — JANUARY 2023 Cannabinoid Monthly Playbook

Coleman Beale, 8th Revolution

Industrial Hemp Business Opportunities

When the farm bill passed, we looked at the industrial hemp industry. It doesn’t take a whole lot of work on Google to figure out that there are so many different use cases for the plant, right? I mean, there are some people who say 20,000, and some people say 30,000. And so, […] you start thinking about all of the different applications that you can use for what I call “entire plant utilization,” right? I mean, our focus is on the stalk of the plant. You have a plant that you can use a hundred percent of [that] plant, […] the majority of it, the majority of the biomass, and the stalk of the plant. One Plant = 30,000+ Opportunities, Breaking Down Industrial Hemp I think one of the things that a lot of people don’t know is that industrial hemp is the number one carbon-sequestration plant on the planet. It’s fairly well known, at least within the hemp industry, that Henry Ford built a car and fueled it with hemp. There are so many different verticals that you can go Did You Know? into. You start thinking about those addressable markets, and then you combine the fact that this is a natural product, [a] natural material. With the world moving towards sustainable materials, you, when you’re conceiving the idea, you say, “Oh my gosh, this can change the world.”

Secret Unknowns About Industrial Hemp Capabilities

I think one of the things that a lot of people don’t know is that industrial hemp is the number one carbon-sequestration plant on the planet.

We’ve done some studies and research in the past, and […] if you take all the farmland here in the United States and, in an extreme example, if you converted all of that to industrial hemp, what does that mean for helping solve the US emissions rate?

Coleman Beale, 8th Revolution

Coleman Beale, CEO of Bastcore

Did You Know?

It’s fairly well known, at least within the hemp industry, that Henry Ford built a car and fueled it with hemp.

Coleman Beale, 8th Revolution

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