Hemp growers, processors face continuing challenges

Many new and emerging industries can face a roller coaster ride with a lot of ups and downs in the marketplace. Hemp appears to be no exception.

Still, the news that GenCanna, one of the largest processors of CBD oil in the state of Kentucky, recently filed for Chapter 11 bankruptcy, was a “gut punch” says Kentucky Ag Commissioner Ryan Quarles. “For hemp this year, there appear to be some strong headwinds nationally.”


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