Business
Marijuana Company of America Announces Update on Hemp Growing Trials in Canada
Marijuana Company of America Announces Update on Hemp Growing Trials in Canada.
About this update from Marijuana Company Of America, Inc.
[{"type":"text","content":"\n \n \n Marijuana Company of America Announces Update on Hemp Growing Trials in Canada\n \n \nMarijuana Company of America Announces Update on Hemp Growing Trials in Canada\n \n ESCONDIDO, CA--(Marketwired - Sep 21, 2017) - MARIJUANA COMPANY OF AMERICA (\"MCOA\" or the \"Company\") (OTC PINK: MCOA), in conjunction with its joint venture partner, Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC PINK: GBHPF), is pleased to provide an update on the hemp cultivation trials conducted in New Brunswick, Canada.\n The field portion of this first-year trial is now complete, with results from laboratory analysis of CBD concentrations of the flowers and leaves expected within the next two to four weeks. For this initial growing season:\n - two farmers were contracted in northeast New Brunswick to participate in the trial\n - three varieties of hemp were grown on Test Plot 1 (CFX1, CFX2 & CRS1)\n - two varieties of hemp were on Test Plot 2 (CFX1 & CFX2)\n - three planting densities were utilized (15, 30 & 50 kg/ha)\n - straw yields ranged from 1.10 to 2.47 tons/ha \n - flower production ranged from 0.79 to 1.69 tons/ha \n These results confirm what was seen from casual observation. This year's yields are somewhat lower than expected, due to the late planting and incomplete field preparation (both which will be rectified for the 2018 cultivation), and lack of rainfall in the spring. In 2018, taller varieties of hemp will be grown to increase straw yields and flowers. For the 2017 trial, the CRS1 outperformed the other varieties in straw production, and CFX2 produced the best flower yields. These results are indicative of the performance of varieties under largely unfavourable conditions.\n Future Plans\n Farming - As the future focus of the project will be on flower and straw production, other varieties with higher straw and similar flower yields will be selected for next year. MCOA and GHG are currently evaluating a number of varieties for the coming year.\n Next year's production will focus on five experienced farmers cultivating a total of 125 acres. MCOA and GHG have also recruited an agronomist to provide agronomic support to the farmers. Interaction with the farmers will be essential in finding solutions to practical problems that will inevitably arise. To maximize the visibility of the hemp farming experience in t...