Charlotte’s Web Hemp (CNQ: CWEB) announced yesterday that it had entered into a partnership with Rodale Institute and Natural Care to research regenerative organic hemp farming. The Colorado-based hemp company is already the leading producer of hemp-based cannabidiol (CBD) products and the new relationship will help it fulfill its goal of consistently being a responsible farming operation.
Rodale Institute is already a global leader in regenerative organic agriculture, and will bring its expertise to the cannabis industry through the Charlotte’s Web partnership. Natural Care is a large regenerative organic hemp research and cultivation operations in the US and will be funding the endeavor, as well as host research at the Pocono Organics farm.
Deanie Elsner, CEO of Charlotte’s Web, said in a statement, “We’re very proud to be an active partner supporting this research, which aims to bring regenerative agriculture to hemp in this region of the country, through our collaboration with Rodale Institute, Natural Care, and Pocono Organics. As the industry leader, Charlotte’s Web aims to continually raise the bar for responsible hemp farming practices. It is our intent that the data from this research will support furthering sustainability for hemp farming.”
Rodale Executive Director Jeff Moyer adds, “As hemp farming returns to the United States, we’re excited to lead the way in working with farmers to grow this crop without synthetic fertilizers and pesticides, and in a way that supports soil health and the health of people and the planet. Rodale Institute’s research on hemp, now in its third year, is focusing on the crop’s ability to suppress weeds, one of the greatest challenges for organic farmers, while improving yields for subsequent crops and reducing tillage. Preliminary results are promising, showing hemp as a viable cash and cover crop option for farmers. We’re proud to be working with industry partners who can roll out these regenerative practices at scale around the country.”