Hempyreum.org
Local Time
English (UK) Deutsch (DE) Français (FR) Español (ES) Italian (IT)
Hemp Processing Plant Receives State Funding in New York, First in U.S. to Receive Government Assistance
Author: Anthony Martinelli 10/01/2018 - 09:29:00

New York is funding a $3.2 million hemp processing plant, starting with a $650,000 initial investment. 

The facility is the first such venue in the U.S. to receive government assistance. According to WIVT, a local TV station in Binghamton where the plant will be located, the state is giving an initial investment of $650,000. The funding is coming as part of an initiative by Governor Andrew Cuomo to start a hemp processing plant in the Southern Tier. 

“The emerging industrial hemp industry has the power to transform the agricultural economy,” Governor Cuomo said following the announcement of the investment. 

“[I]t’s a very important development that we are promoting”, says,Assemblymember Donna Lupardo.

The $650,000 is the first of New York’s $5 million fund designated to boost the industrial hemp industry.

The post Hemp Processing Plant Receives State Funding in New York, First in U.S. to Receive Government Assistance appeared first on TheJointBlog.

Original article from thejointblog.com: Hemp Processing Plant Receives State Funding in New York, First in U.S. to Receive Government Assistance



info
Total pages / language:   27'565 / 17'073
In the archive :   46'558
Pages last 24 hours:   25
This Month Pages:   754
Views:   6'696'83315'805
Views Archive:   10'218'090

©2018 - Hempyreum.org - News aggregator about Hemp and Cannabis [Beta] | All rights and ownership of the contents belong to their respective holders

Advertising