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\u201cYou can\u2019t just run around saying hemp is going to save the planet. You can\u2019t just say it. You have to have some definitive numbers and some science behind it. And that can be shown to the people that are in power. They still may not listen, but when you have hard numbers, it makes your argument a whole lot better.\u201d

That\u2019s what Bruce Dietzen, guest on this week\u2019s Industrial Hemp Podcast, says.

Deitzen is known as the guy who built the body of a sports car out of hemp, but he\u2019s put the hemp car on hold and has embarked on what he considers to be a far more important endeavor \u2014 quantifying the potential of hemp.

That\u2019s the idea behind Drawdown Hemp \u2014 put hard numbers behind the oft-quoted claims that hemp has the potential to sequester vast amounts of carbon.

\u201cDrawdown Hemp is a think tank that is on a mission to quantify the amount of CO2 that hemp products can either sequester or avoid, Dietzen said. \u201cAnd the reason for wanting to quantify those hemp products goes back to this idea that hemp can be made into 50,000 different products.\u201d

In the face of a climate crisis, Deitzen said it\u2019s important to determine which of the 50,000 products will have the greatest ability to pull carbon from the atmosphere.

He also talks about his entry into the X Prize Carbon Removal Contest funded by billionaire Elon Musk to identify ways that CO2 can be sequestered at a large scale, at least a gigaton per year on an ongoing basis. The first place winner will receive $50 million.

Drawdown Hemp
https://drawdownhemp.org/

Watch Bruce\u2019s Drawdown Hemp Presentation from NoCo Hemp Expo, March 2022
https://www.youtube.com/watch?v=V4d65nNPbM8&t=927s

News Nuggets May 5, 2022

FDA Issues Warning Letters to Companies Illegally Selling CBD and Delta-8 THC Products
https://www.fda.gov/news-events/press-announcements/fda-issues-warning-letters-companies-illegally-selling-cbd-and-delta-8-thc-products

The EIHA: Working to Achieve \u2018a True Single Hemp Market for Europe\u2019
https://www.cannabisbusinesstimes.com/article/european-industrial-hemp-association-lorenza-romanese-git-skoglund-rob-clarke/

Central Oregon hemp farmers pivot to other crops as market prices tank
https://www.bendbulletin.com/business/central-oregon-hemp-farmers-pivot-to-other-crops-as-market-prices-tank/article_9eb752bc-c5be-11ec-b361-cb313cb7e729.html

Pennsylvania is feeling the pressure of neighboring states\u2019 passage of adult-use marijuana
https://www.cityandstatepa.com/policy/2022/05/pennsylvania-feeling-pressure-neighboring-states-passage-adult-use-marijuana/366409/

Thanks to our Sponsors:

Americhanvre Cast-Hemp
https://americhanvre.com/

IND HEMP
https://indhemp.com/