Industrial hemp has a less than 0.3% THC (Tetrahydrocannabinol, the psychoactive agent in Marijuana) level.
Furthermore, hemp was removed from its classification as a controlled substance.
The Farm Bill contains a change of how industrial hemp is now classified.
Under the Farm Bill, hemp is no longer considered a controlled substance non-hallucinogenic cousin of marijuana; hemp has been considered a controlled substance because it has that tiny amount of THC. However, hemp has about as much chance of getting someone high as honeybuns have got someone drunk (honeybuns contain a correspondingly small amount of alcohol.)
So, other than a wholly undeserved stigma created by an industrial juggernaut engaging its political allies to remove its biggest competitor through a campaign of utter falsehoods and racially-charged exaggerated fabrications: there is absolutely no reason not to farm hemp and reap all the socio-economical benefits from farming hemp in 2021. None.
The pathway to a uniquely versatile product that produces millions of dollars within 100 days has been approved, cleared, and green-lighted by the Biden Administration and the US government. On a planet whose atmospheric composition has become a bit too heavy with carbon dioxide lately, the carbon-sequestering ability of hemp offers yet another win-win scenario. The more hemp planted, the more CO2 neutralized.
Q&A with Caribbean Hemp Company’s Founder and CEO Gregory Ricker.
Why the Dominican Republic?
Ricker: “The DR offers a surplus of ideal elements that are thoroughly conducive to hemp’s industrial farming. The tropical environment allows the entire process to be conducted outside, which saves millions of dollars. The DR has a highly affordable labor force.
The combination of its location, the water supply that runs within the rocks and throughout the island, which has perfect PH levels, the ideal soil, the available lands, and the most progressive forward-thinking government the country has had in history all mean that the DR stands to be the largest source of the highest quality industrial hemp in the world.
With all projections predicting a 100 billion dollar industry by 2027, no other business, industry, or sector surpasses the industrial hemp industry.”
What is it precisely that the Caribbean Hemp Company offers?
“Ultimately, the Caribbean Hemp Company offers an industry that would boost all segments of society and help on every level of it.
From the ground level, we propagate the seeds from the planting process to harvest. We walk every grower through the entire process: a hug and a handshake, and goodbye. Our model perpetuates the grower’s propriety.
So you feel that the DR has the potential to produce the highest quality hemp in the world?
That is undisputable—God’s blessed this island. The abundance and profusion of perfect elements needed in the hemp farming operation exist naturally here: you could not have designed a better, more receptive climate and environment for hemp cultivation.
What are the most significant benefits the hemp industry would provide to the Dominican society?
Almost overnight, the per capita wealth would go through the stratosphere. The DR is poised to become the next Monte Carlo.
The sheer prosperity from this enterprise would generate an entirely new, much-needed revenue source that would spawn whole…
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