HOUSE_OVERSIGHT_024828.jpg
1.71 MB
Extraction Summary
1
People
4
Organizations
2
Locations
0
Events
1
Relationships
3
Quotes
Document Information
Type:
Industry research report / financial analysis
File Size:
1.71 MB
Summary
A page from a Cowen 'Collaborative Insights' report dated February 25, 2019, analyzing the industrial hemp and CBD market. The text details agricultural requirements including soil testing, irrigation, pesticide restrictions, and costs associated with clones versus seeds. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, suggesting it was gathered as part of a congressional investigation, likely into financial practices or specific business entities.
People (1)
| Name | Role | Context |
|---|---|---|
| Michael Cella | Recipient/User |
Email address (michael.cella@cowen.com) appears in the watermark as the intended recipient of the report.
|
Organizations (4)
| Name | Type | Context |
|---|---|---|
| Cowen |
Financial services firm producing the 'Collaborative Insights' report.
|
|
| UVM (University of Vermont) |
Cited regarding a study on drying flower buds.
|
|
| State Departments of Agriculture |
Mentioned as the entity conducting field and greenhouse inspections for THC levels.
|
|
| House Oversight Committee |
Implied by the Bates stamp 'HOUSE_OVERSIGHT_024828', indicating this document was subpoenaed or produced for a congre...
|
Relationships (1)
Watermark states 'This report is intended for michael.cella@cowen.com'.
Key Quotes (3)
"Retail clones can cost $4-$7 each and can be produced for $3 each with access to a greenhouse."Source
HOUSE_OVERSIGHT_024828.jpg
Quote #1
"Currently, pesticides are illegal for industrial hemp cultivation which makes plastic mulch an important step."Source
HOUSE_OVERSIGHT_024828.jpg
Quote #2
"Crops that test >0.3% THC will be destroyed."Source
HOUSE_OVERSIGHT_024828.jpg
Quote #3
Full Extracted Text
Complete text extracted from the document (3,112 characters)
COWEN
COLLABORATIVE INSIGHTS
February 25, 2019
COLLABORATIVE INSIGHTS
February 25, 2019
will be destroyed.) Seeds that are certified (sold by domestic and international
hemp seed distributors) contain /=50°F), which influences
timing for planting, is recommended for successful germination. Industrial
hemp can be planted in late April in Kentucky and late June in Vermont.
Planting depth for seeds should be ~0.50 inches.
hemp seed distributors) contain /=50°F), which influences
timing for planting, is recommended for successful germination. Industrial
hemp can be planted in late April in Kentucky and late June in Vermont.
Planting depth for seeds should be ~0.50 inches.
Female seedlings, started in a greenhouse approximately 6 weeks prior to
planting, or transplanted female clones (planted with root structure), can be
planted into black plastic outdoors to control weeds. 5 ft x 5 ft plant spacing
has been found to be ideal and results in a population of 1,742 plants per acre.
planting, or transplanted female clones (planted with root structure), can be
planted into black plastic outdoors to control weeds. 5 ft x 5 ft plant spacing
has been found to be ideal and results in a population of 1,742 plants per acre.
• Harvest. Average time to harvest a 6 inch clone is 90-120 days, Flower buds
from outdoor plants are removed by hand or using a debudder machine after
using a chainsaw or lopper to cut the plant down. Flower bud harvest is labor
intensive and can take ~30 hours per acre. Flower buds in a UVM study were
dried at 80°F for 18-36 hours until dry enough for storage without molding.
Indoor storage requirements creates a production challenge. As with most
crops, variations in yield can result from variations in genetics (variety), soil,
weather, and other growing conditions.
from outdoor plants are removed by hand or using a debudder machine after
using a chainsaw or lopper to cut the plant down. Flower bud harvest is labor
intensive and can take ~30 hours per acre. Flower buds in a UVM study were
dried at 80°F for 18-36 hours until dry enough for storage without molding.
Indoor storage requirements creates a production challenge. As with most
crops, variations in yield can result from variations in genetics (variety), soil,
weather, and other growing conditions.
• Testing. State Departments of Agriculture conduct field and greenhouse
inspections for THC levels, which is the only way to separate hemp from illegal
cannabis. Crops that test >0.3% THC will be destroyed.
inspections for THC levels, which is the only way to separate hemp from illegal
cannabis. Crops that test >0.3% THC will be destroyed.
12
COWEN.COM
HOUSE_OVERSIGHT_024828
COWEN.COM
HOUSE_OVERSIGHT_024828
[Sidebar Text]
This report is intended for michael.cella@cowen.com. Unauthorized redistribution of this report is prohibited.
This report is intended for michael.cella@cowen.com. Unauthorized redistribution of this report is prohibited.
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