Do upstart hemp growers have an unfair advantage? One Oregon farmer thinks so. According to The Bend Bulletin, Yon Olsen, founder of the hemp company Cascadia Crest LLC, is lobbying Oregon lawmakers to close what he believes is a loophole in the state’s hemp regulations. Olsen claims that small-time hemp growers have started growing hemp on properties in residential areas; due primarily to the favorable interest rates they receive. It is the hope of Olsen, and other hemp growers, that the state will begin to check mortgage contracts as part of the application process for hemp cultivators. If implemented, the rule would affect somewhere between 20% and 80% of the state’s 600 registered cultivators.
To read more, please visit the original post at The Bend Bulletin.