A farm of industrial hemp in Lithuania
Economy

Processing of industrial hemp: an additional value of 100-300 m EUR for Lithuanian economy

Lithuanian Farmers‘ Union (Lietuvos ūkininkų sąjunga, LŪS) is encouraging country‘s politicians to pass necessary legislation in order to fully legalize the processing of the industrial hemp. This decision would turn the cultivation and processing of the industrial hemp into a promising agribusiness sector, capable of creating a solid additional value to Lithuanian economy. […]