Thursday, May 30, 2024

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Mackay and Whitsunday Life

Hemp Leader Welcomes Law Reform

Recent law reforms by the Queensland Government have been by Australia’s foremost breeder of industrial hemp seedstock.
Hemp Farms Australia CEO Lauchlan Grout said “good sense” had prevailed when MPs passed the amendments to the Drugs Misuse Act on April 18.
Queensland’s Agriculture Minister Mark Furner introduced the changes, saying they support the continued growth of the state’s industrial cannabis industry.
“The bill will support the industrial cannabis industry in Queensland by clarifying that industrial cannabis seed may be supplied to a seed handler,” he said.
“The amendments also establish a power to enter into information-sharing arrangements with entities, including the Queensland Police Service, to improve the sharing of industrial cannabis industry information under the Act.”
Mr Grout said low-THC hemp does not present the same sort of challenges as medicinal cannabis.
“It is a workhorse product that supplies fibre for building construction and dietary seed for human nutrition,” he said.
“It is also a powerhouse in carbon cycling.
“Hemp possesses the extraordinary ability to absorb carbon dioxide from the atmosphere at an astonishing rate.
“This, coupled with its rapid growth rate, renders hemp a formidable player in our fight against climate change.”
Potential benefits for producers include diversified revenue streams as well as improved soil fertility and less herbicide use, Mr Grout added.
“It is a multitasking marvel: not only does it sequester carbon, but it also undertakes the noble task of soil remediation, effortlessly removing heavy metals from contaminated soils.
“Its deep-reaching root system further enhances this process, enriching the soil and fortifying its structure for future agriculture.
“Peer-reviewed studies resoundingly support hemp's prowess in carbon sequestration and soil remediation.”
The benefits extend to mining, energy and water corporations, he added. “Hemp's ability to absorb heavy metals from soil and its potential for biofuel production positions it as a lucrative venture for eco-conscious corporations.
“By incorporating hemp into supply chains, corporations can bolster their sustainability credentials, tap into burgeoning markets and drive innovation in renewable technologies.
“The potential of industrial hemp to revolutionise our agricultural practices and combat climate change cannot be overstated.”

Hemp Farms Australia CEO Lauchlan Grout

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