“We are very excited to welcome visitors from all over the world to this year’s NoCo Hemp Expo,” said Elizabeth (Elizzy) Knight, co-founder of Colorado Hemp Company/We Are for Better Alternatives (WAFBA), producer of NoCo Hemp Expo.
“What our small team has created, along with the help of all our supporting exhibitors, sponsors, speakers and other partners, has never been done before. Together, from the ground up, we have created a world-class convention and conference that celebrates all things hemp -- from botanicals and CBD to bioplastics and building materials -- and that showcases Colorado as a center of the hemp marketplace.”
Hemp producers are feeling bullish in 2019 since the passage of the Agriculture Improvement Act of 2018, better known as the Farm Bill, which legalized the commercial cultivation and sale of industrial hemp, defined as containing less than 0.3% THC.
According to Hemp Business Journal’s new report, The Global State of Hemp: 2019 Industry Outlook, U.S. sales of hemp products -- from full-spectrum hemp extract and CBD products to hemp foods, textiles, building materials and more -- estimated at $1 billion in 2018, are projected to grow 27% annually to reach $2.6 billion by 2022.
Global hemp retail sales totaled $3.7 billion in 2018 and are projected to grow to $5.7 billion by 2020.
NoCo Hemp Expo Program Highlights
Featured speakers for this year’s NoCo Hemp Expo include Colorado Governor and hemp advocate Jared Polis; Native American tribal leader turned hemp farmer Winona LaDuke; David Bronner, 5th generation CEO of legendary soap maker Dr. Bronner’s; renowned market researcher Dr. Michelle Barry; regenerative agriculture and soil expert Ray Archuleta; hemp expert and author Doug Fine; hemp entrepreneurs Dani Billings of Nature’s Root and Janel Ralph of Palmetto Harmony; and other leaders breaking new ground in the industrial hemp market.
Also, NoCo6 has produced a digital and print magazine/show program, Let’s Talk Hemp, for the first time in partnership with Honeysuckle Magazine, which can be viewed here.