• A company just inked the first ever deal to supply US-grown hemp fiber to an apparel company

    10 days ago - By Business Insider

    A Nebraska-based company signed Thursday the first contract to supply US-grown hemp fiber to a sustainable apparel company, according to an investor close to the deal.
    Bastcore, LLC , purchases raw hemp grown by US farmers and has a proprietary process for converting hemp stalks into commercial materials, for textiles, composites, and energy production.
    "This fiber supply contract marks a historic milestone in the U.S. Hemp Industry, and particularly for American-made hemp textiles, since the passage of the 2014 Farm Bill," Bastcore CEO John Lupien said in an announcement obtained by...
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