The 2015 hemp growing season was a busy one, and one that none of us will soon forget.
As this year is coming to its end I find myself looking back at both the accomplishments and the lessons learned in 2015. This year was important to our business in many ways.
In January of this year we released the Otto II(TM) high-CBD seed variety to Colorado hemp farmers. Otto II was enthusiastically received by farmers throughout the state and stands today as our best-selling seed of all time. Farmers that grew the Otto II in its inaugural year reported excellent field performance and better-than-expected yields under a wide variety of conditions.
We are proud to say that in 2015 not a single farmer growing the Otto II seed under the industrial hemp program failed compliance testing by the Colorado Department of Agriculture. This is a powerful statement and one that speaks directly to the care and quality control that went into producing this new seed.
In August of this year we released a small amount of the BaOx hybrid seed. This was too late in the year to plant an outdoor crop, but just in time to cycle it at least once, maybe twice in greenhouses before spring planting. We will be paying close attention to the results of these indoor crops so as to better understand the harvest window for the BaOx.
This year we also began offering basic lab analytical services for hemp R&D, product formulation and crop compliance monitoring. Many of our seed customers utilize these services to monitor the THC limits in their industrial hemp fields and greenhouses and to develop accurate harvest window data for the hemp cultivars they farm.
While each of our lab services customers is different, they all have at least one thing in common: they need answers to technical questions related to their hemp agribusiness. We feel fortunate to be of service in this way to the industry and I personally take the responsibility of providing technical and analytical services very seriously.
While 2015 may be coming to a close, it is now time to start thinking about next year’s planting. Take time to think about what you learned this year and how you can apply those lessons to improve your outcome in 2016.
Thank you for your support this year. We look forward to working with you for many years to come.