The Renaissance of Industrial Hemp in North America: How New Holland Supports an Evolving Industry.

SOURCE: CNH Industrial

DESCRIPTION:

August 7, 2020 /3BL Media/ - In 2018 the legalization of hemp as a national commodity crop in North America sparked a renewed interest in its environmental benefits and wide ranging uses. A once popular crop is on its way back onto farmlands across the U.S. with New Holland Agriculture leading the way.

Hemp, once the mainstay of a myriad of commercial and industrial products, suffered one of the sharpest declines in cultivation in the history of agriculture. This versatile and sustainable crop went from ubiquity to anonymity and today, New Holland Agriculture, a global agricultural brand of CNH Industrial N.V., is spearheading its revival. The Company has authored an article which provides a brief history of the hemp industry, an analysis of some of the common misconceptions that surround this crop and an in depth description detailing the innovative projects that New Holland is pioneering in the U.S. to help stimulate its renaissance.

One of the most exciting initiatives sees New Holland partnered with the National Hemp Association, North America’s leading non-partisan hemp advocacy group based in Washington D.C. The aim of this partnership is to promote the return of hemp as a commodity crop by providing education and thought leadership to potential suppliers.

CNH Industrial is committed to a better future and is, therefore, actively involved in protecting the environment and preventing climate change by championing more sustainable agricultural practices and crops. Hemp, which can be used in a extensive array of both commercial and industrial products, paired with its sustainable and regenerative character, is truly unique.

To keep reading and discover more, visit cnhindustrial.com/renaissanceindustrialhemp_eng

Tweet me: .@CNHIndustrial brand @NewHollandAg is working to help develop the cultivation of industrial hemp in North America. https://bit.ly/2DgqCKh

KEYWORDS: NYSE:CNHI, CNH Industrial, hemp, New Holland Agriculture

 

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