‘Hemp has exploded’ in Kentucky. What that means for new jobs, investment

Hemp fields in Kentucky are multiplying. So, too, is the field of hemp-related jobs — both inside and outside the agricultural sector. At 60,000 acres, Kentucky has the most hemp acreage of any state, besting even Colorado, a known hemp (and marijuana) production giant. That is just one reason Hemp Industry Daily named Kentucky the second most prominent state in hemp production in 2018. Last week, Atalo Holdings announced the opening of a large hemp processing facility in Winchester. That facility — Atalo’s second in Kentucky to date — will clock in at over 50,000 square feet.

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Atalo Adds 50,000sf Hemp Processing Facility Certified by U.S. Hemp Authority

Atalo Adds 50,000sf Hemp Processing Facility Certified by U.S. Hemp Authority. According to Kyle Raney, Director of Operations and Quality at Atalo, “In order to meet current and forecasted market demand, Atalo has expanded its extraction, formulation, packaging and laboratory capabilities with the addition of a second location, a 50,000 square-foot facility, located in Winchester, Kentucky. As the hemp-derived CBD market matures, certification such as this assures consumers that quality and safety are core values of Atalo. This ensures the confidence of our customers as we expand our capacity.”

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NASDAQ: True Leaf Secures CBD Supply Agreement with Atalo Holdings to Launch Best-in-Market Pet Product Line
Atalo Inside - True Leaf Barnds

NASDAQ: True Leaf Secures CBD Supply Agreement with Atalo Holdings to Launch Best-in-Market Pet Product Line

"Today marks an important milestone in the development of our debut line of CBD products for pets," said Darcy Bomford, Founder and Chief Executive Officer of True Leaf. "We're developing a best-to-market CBD line with veterinarian-formulated proprietary blends that are tested from seed to shelf. Pet parents will know they are getting the safest, most effective CBD product on the market. With Atalo's supply of top-quality CBD we are confident that we can meet the growing market demand and continue to be the cannabis-for-pets brand that retailers and pet parents trust."

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Kentucky Hemp Seeds To Be Studied In Space

At zero gravity, “We expect something will happen,” said Kimel. “It could very well be material changes that enhance the efficacy of the plant, and that could have a major impact on people’s lives, particularly in the biomedical area.” The seed will remain on the Space Station for five to six weeks before it comes back to earth. Atalo will study some seeds and plant others. Several months from now, they’ll launch the next phase, which will include germinating the seed in space.

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A Kentucky Company Wants to Study Hemp on the International Space Station
Atalo is participating in a research project aboard the International Space Station with Space Tango to investigate the effect of microgravity. Stay tuned!

A Kentucky Company Wants to Study Hemp on the International Space Station

“When plants are ‘stressed’ they pull from a genetic reservoir to produce compounds that allow them to adapt and survive,” Chappell said in a public statement when Space Tango announced its hemp plans. “Understanding how plants react in an environment where the traditional stress of gravity is removed can provide new insights into how adaptations come about and how researchers might take advantage of such changes for the discovery of new characteristics, traits, biomedical applications and efficacy.”

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