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Hemp-processing plant opens in Kokomo to dry, process crop

Posted November 18, 2019 6:00 am

The Associated Press

KOKOMO, Ind. (AP) - A hemp-processing plant has opened in central Indiana to turn the state's first legal crop into a market-ready product.

Kentucky-based Third Wave Farms opened the plant last month in Kokomo inside a 22,000-square-foot building.

It's now equipped with machines that can dry and process over 75,000 pounds (34,000 kilograms) of hemp a day, turning it into a stable, storable, market-ready product that's used in dozens of cannabinoid-based products, such as cannabidiol, or CBD oil.

CBD oil is a compound derived from hemp and marijuana that doesn't cause a high but which many people see as a way to better health.

The Kokomo Tribune reports Third Wave Farms is offering free tours of the facility in Kokomo, a city located about 40 miles (64 kilometers) north of Indianapolis.

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Information from: Kokomo Tribune, http://www.ktonline.com

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