App NEWS
Broome County Approves Tax Break For Canopy Growth
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The company will save $1.7 million dollars over 15 years.
App NEWS
Broome County To Decide On Canopy Growth Tax Exemption
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The industrial hemp company would save $1.7 million over the next 15 years.
Finger Lakes Hosts Nation’s First Hemp Seed Bank
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U.S. Senator Chuck Schumer (D-NY) recently announced that the project will get $500,000 of federal funding. The new seed bank will be located at Cornell AgriTech in Geneva, New York.
App NEWS
Industrial Park, Dedicated To Hemp, Opens In Kirkwood
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“This will really become our hub on the east coast of the United States to do this manufacturing and really scale the business.”
Economy
Researchers Rush To Answer Questions About Newly-Legal Hemp Crops
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HARRISBURG, PA (WITF) – Alyssa Collins said she has been fielding around five phone calls every day from people with questions about hemp–and that’s not even counting the emails. Collins directs Penn State’s Southeast Agricultural Research and Extension Center in Lancaster County, where researchers are part of a multi-state, USDA-supported study into different varieties of hemp that can be used for food and fiber. Pennsylvania approved more than 300 permits to farm industrial hemp this growing season, after Congress loosened restrictions on the crop last year. Hemp was long banned because of its relationship to marijuana, but it does not have enough of the psychoactive compound THC to produce a high. So now, researchers like Collins are trying to clear up uncertainties about the crop.
Economy
Amid Worries Of A Coming Recession, Labor Numbers Good For Southern Tier
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The Southern Tier, like other parts of the northeast, has been slow to come back from last decade’s recession, but figures released this week from the New York Department of Labor may be a sign that’s changing.