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Founder’s Hemp Registers As NC’s First Hemp Processor And Farm Aggregator

ASHEBORO, NC – February 27, 2017 — Founder’s Hemp, based in Asheboro, is North Carolina’s first company registered with the State of North Carolina to aggregate hemp grown by farmers and process it for industrial use.

The company, which was organized last year as the first vertically integrated hemp processor in the State, registered with the North Carolina Hemp Commission on Friday, February 24.

Growing and processing hemp was authorized in legislation enacted by the General Assembly in 2015. The new law established an agricultural pilot program for cultivating industrial hemp.

Processors and aggregators must register with the State prior to conducting business. Farmers wishing to grow hemp are required to apply for permits before they begin planting. The issuance of permits for farmers by the North Carolina Hemp Commission is expected to begin shortly.

“I am pleased that Founders Hemp remains on the forefront of the hemp industry in North Carolina,” said Bob Crumley, president of Founder’s Hemp. “We have already contracted with 28 farmers to grow hemp and we are looking forward to getting underway.”

Industrial hemp has a wide variety of uses. Fiber is used in twine, paper, construction materials, carpeting and apparel. Seeds and leaves are used in making industrial oils, cosmetics, medicine and nutritious food products.

Hemp is grown in more than 30 countries, and it has been legal to import hemp products into the United States for many years. The federal Agricultural Act of 2014 called for universities and state departments of agriculture to begin cultivating domestic industrial hemp.