Update from our President - June 2020
Updated: Jul 30
Tasmanian Hemp Association President Tim Schmidt writes:
"There are exciting developments continuing to happen in hemp in Tasmania. Further investment in our state is planned to provide more infrastructure for the industry, along with investment into hemp research supported by the Association.
ECS Botanics are continuing the establishment of a CBD processing facility here in Tasmania. Recently we saw changes in Federal legislation that allows medicinal hemp companies obtain export certificates to supply overseas markets. This is just another small step in allowing Tasmania to build a vital industry for the state.
In other developments, a new company X-Hemp is being established to be able to take advantage of the fantastic building resource left in the paddocks to burn after the grain has been harvested. This new business will not only help growers recover their farming costs, but also supplies emerging markets causing demand for the hemp crop by-product.
We are also set to enjoy support from Agrifutures for further research into hemp production in Tasmania, just another initiative brought about by action from your association. Further details on this will be in our next newsletter. Also next month we will be announcing what seed will be available to the industry in Tasmania with suppliers of planting seed keen to expand the crop.
In particular, I want to warmly welcome Ananda Foods as a new corporate member of our Association. With such a big stake in our Tasmanian industry, Ananda Foods plays an important role in the development of our industry here. We're also delighted to have ANZ Bank (who write more agribusiness loans in Australia than any other financial institution) and the well-respected Australian Hemp Masonry Company come onboard this month too.
Finally, I’d like to mention we have over the last six months had a 40% jump in our membership and now have 87 members of the Tasmanian Hemp Association. This is in no small part due to the efforts of our Executive Officer Andi Lucas, and shows there is a strong industry and community support for the part we are playing in building this industry for Tasmanians."
30th June 2020