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American hemp: Colorado biotech firm ramps up processing plans

Submitted by Marijuana News on Thu, 04/09/2015 - 08:00

A Colorado biotech company plans to open a large-scale industrial hemp processing facility that will take the crop’s would-be waste — namely hemp stalks — and make it useful.

The hemp biorefinery is being established by Fort Lupton-based PureVision Technology, Inc., and illuminates the growing enthusiasm around hemp entrepreneurship. But the northern Colorado company’s recent announcement also points to the ongoing federal legal challenges to jump-starting American processing of industrial hemp. The plant, which is cannabis without psychoactive properties, has been grouped alongside heroin, MDMA/Ecstasy and other federal Schedule 1 drugs for more than 40 years. Hemp farming returned to Colorado last year on a limited basis.

PureVision Technology already processes plant waste from such crops as corn and wheat into raw materials including pulp for paper and sugars for biofuel. The company sells...

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URL: 
http://www.thecannabist.co/2015/04/08/hemp-processing-colorado-biotech-purevision-purehemp-technology/32782/

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