SE Colorado hemp farmer secures commercial agreement

May 20, 2014

Ryan Loflin works in his hemp field near Springfield, Colorado.

Rocky Mountain Hemp has entered into a commercial agreement with Cannabis Therapy Corp. to provide an exclusive land lease and crop services according to a recent press release in the Wall Street Journal.

Ryan Loflin is the primary of Rocky Mountain Hemp.  He is the first Colorado farmer in 57 years to grow, successfully harvest, and process a commercial-scale industrial hemp crop in the United States.   

Loflin is a fourth generation Colorado farmer.  He was raised on growing alfalfa, corn, wheat, and cattle production.  His Springfield company works to develop hemp seed genetics, and improve hemp farming and processing practices.

Cannabis Therapy Corp develops market safe phytocannabinoid-based medicinal products.  The company is a development stage enterprise.

The complete release is available from the Wall Street Journal.