Australia: Hemp Worth Millions

Jacob Redmond

Well-Known Member
NSW Agriculture Minister Niall Blair and his Labor counterpart Mick Veitch last week hailed the potential of hemp and the cash bonanza it could bring to the state.

Currently, eating and selling hemp seeds as food is illegal only in Australia and New Zealand, due to fears over interference with drug testing devices, as well as legal and treaty issues.

The results of a bi-national investigation into hemp food could be 18 months away.

Advocates also lament the public perception of hemp as a drug, despite the plant containing little of the psychoactive agent tetrahydrocannabinol (THC) found in its cousin, cannabis.

Despite the hurdles, hemp has strong support, with the Industrial Hemp Association NSW, Northern Rivers Hemp, and Macquarie 2100 lauding the plant for its versatility, water efficiency, and as a rotation crop.

In 2014 Hemp Foods Australia said the industry was responsible for $13million of trade in Australia, with more than 350per cent growth from 2012 to 2013 – while the international market for hemp food has been estimated at $1billion.

Mr Blair wants to see the industry take off.

‘‘I think we should be looking at the potential of a whole range of crops and markets for NSW,’’ he said

‘‘If we can do that in a way that is safe, then we will.

‘‘That’s the beauty of NSW. We have such diverse growing conditions. I know some of our cane growing areas for example would be ideal for hemp production.

‘‘It’s our job to make sure we go through all the required frameworks, but this is about opening up markets where we can for our producers.’’

NSW Greens MP Jeremy Buckingham took Mr Blair to task over the untapped potential of hemp during budget estimates.

‘‘There is an international market for hemp food products worth more than $1billion and Australian farmers are missing out on this opportunity because of the lack of political courage to bring our regulations in line with the rest of the world,’’ Mr Buckingham said.

In its submission to the federal Agricultural Competitiveness White Paper, ecological farming advocates Macquarie 2100 backed hemp as a potential flagship crop for agriculture.

Macquarie 2100 executive officer John Ryan said hemp could become the cornerstone of the emerging 3D printing industry.

‘‘My ultimate vision is that cockies will order a 3D printer and get their guys to feed hemp in at one end, and pump out hemp-composite box trailers at the other,’’ Mr Ryan said.

The Australia and New Zealand Ministerial Forum on Food Regulation has urged its Food Regulation Standing Committee to fast-track its study on low-THC hemp as a food source.

Sowing The Seeds For Viable Grain Alternative

BOB Doyle grows hemp for fibre – and like his fellow NSW producers, can’t wait for hemp seed to be legalised as a food source.

‘‘Legalising [hemp food] could be a game-changer. Well, we hope so anyway. It’ll certainly change the areas that hemp is grown,’’ said Mr Doyle.

‘‘The Hunter, for example, is not a great grain-growing area, but while the hemp food aspect is getting sorted, we will be growing some for grain.

‘‘The food just needs a bit of momentum to get under way.’’

Mr Doyle is planting a crop that could see industrial hemp stretch across 50 hectares of his farm at Vacy, near Dungog, by mid-summer.

He was one of several Hunter farmers who began to grow hemp in 2008 as part of a trial for Eco Fibre, with a number of that group now turning the old Maxwell’s Timber Mill in Dungog into a hemp processing facility.

Mr Doyle said while hemp had been wrongly tainted by links to marijuana, its versatility and suitability as a rotation would eventually prove doubters wrong.

‘‘For a fibre crop, you’re targeting about 12 tonnes to the hectare,’’ he said.

‘‘When it’s at that weight, it has a value of $170 to $180 per tonne of dry matter. It’s not a bad money spinner.’’

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