In Scottsbluff, Nebraska, a company called Western Farms LLC is asking the city to grant them $1 million from LB 840 fund to grow hemp.
A committee will review the company’s application by holding a public meeting on November 15, according to NBC Nebraska. The committee will review the application to ensure that all the information is available, analyze the deal, and give a recommendation to the city council about what to do. The city council will have ultimate authority over allocating the funds.
Western Farms submitted their 14-page proposal after already obtaining a Nebraska Department of Agriculture license to grow hemp. The company grew and harvested hemp earlier this year, with their crop falling under the 0.3% federal THC threshold.
At the corner of Avenue B and Highway 26 in town, they acquired the greenhouse and building that was already there. They intend to build have a greenhouse and a CBD retail center on the property.
The company has already invested $340,000 into buying the property, and are seeking the additional funds to help with expenses and hiring employees. The goal is to provide 81 jobs for the area and pump $2.6 million back into the local economy over the next two years.
The University of Nebraska Extension Center is also working with Western Farms. They are combining efforts to produce a hemp seed that is high quality, feminized, and low in THC. They will be using 150 acres to house the projects pending approval by the school and Department of Agriculture.