Ben Tobin, Louisville Courier-Journal
Kentuckiana is having a big week in the CBD world.
A CBD production site may be in the works for Jeffersonville, Indiana, while another is coming to Danville, Kentucky.
CBD is drawn from the flower of the hemp plant. Both hemp and marijuana are derived from cannabis Sativa, but CBD products cannot get you high because it lacks the high levels of THC found in marijuana.
In Jeffersonville, the 6,000-acre River Ridge Commerce Center is trying to land a hemp manufacturer.
Layn USA, the U.S. subsidiary of the Chinese company Guilin Layn Corp., has signed a purchase and sales agreement with the River Ridge Development Authority to explore the possibility of constructing a CBD manufacturing facility. The project would cost $52 million to build a 24.6-acre facility.
The new CBD manufacturing facility would be able to process a minimum of 5,000 tons of hemp biomass annually, according to a press release.
Is CBD oil legal? Here’s everything you need to know about CBD oil in Kentucky
“We are very excited Layn is considering Jeffersonville as the site for its new manufacturing facility,” Jeffersonville Mayor Mike Moore said in a statement. “A lot of work has been put into ensuring Jeffersonville is attractive to a variety of industries, both domestic and international. It is gratifying to see that work paying off.”
Layn is also considering locating the manufacturing center at a number of sites in several states, including Colorado and Kentucky, according to the press release. It is unclear when Layn will make a final decision.
Meanwhile, central Kentucky is also making a splash in hemp production.
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