Liam Niemeyer

Kentucky lawmakers want Congress to redefine the federal definition of hemp.

A state resolution that passed overwhelmingly in the Kentucky House Tuesday asks the federal government to loosen regulations that could require farmers to destroy their hemp crops.

Farmers grew 92 percent of Kentucky’s hemp harvest last year for CBD. It’s a popular compound users claim has medicinal benefits. CBD-rich hemp also has low levels of the intoxicating compound THC, which is found in marijuana.

Hemp must have THC levels below 0.3 percent or else the government can classify it as illegal marijana and require farmers to destroy the crop.

John Fuller is waiting for another farmer he’s never met before to talk about a situation he never imagined he would be in.

It’s an overcast January day on his farm in west Kentucky, where he grew 18 acres of hemp last year, investing more than $250,000 of his own cash. He’s one of nearly 1,000 licensed hemp growers in 2019 who helped grow Kentucky’s biggest hemp crop since the state reintroduced it, trying to cash in on what could be a $1 billion industry for CBD products made from hemp.

But now, Fuller is wondering how much of that investment he’ll get back.

One of the largest hemp processing companies in Kentucky is filing for Chapter 11 bankruptcy.

GenCanna’s filing Thursday in the U.S. Bankruptcy Court in the Eastern District of Kentucky, if granted, would allow the company to operate while seeking options including refinancing or finding an entity to buy the company.

GenCanna launched in Winchester, Kentucky, in 2014 when the state legalized the cultivation of hemp under a pilot program. GenCanna processes hemp into products made from CBD, a compound many users claim has medicinal benefits. The company in past years had invested heavily in marketing throughout the state, buying billboard space in west Kentucky and becoming last year’s title sponsor for the Kentucky State Fair.

Company CEO Matty Mangone Miranda in a statement said the bankruptcy process will allow GenCanna to navigate several ongoing issues that include an uncertain regulatory environment surrounding hemp and CBD and a “legal dispute” in west Kentucky.

Ohio Valley farmers planted more than 27,000 acres of hemp last year — about four times more than in 2018 —  to cash in on a booming market for popular CBD products made from the crop.

Yet with that growing boom, the price of CBD-rich hemp has crashed, dropping more than 75 percent in just 6 months. Many farmers are now feeling the financial pinch of that bust.

A report from Colorado-based analytics firm PanXchange said Kentucky farmers last July on average could get $4.35 for each percent of CBD in each pound of hemp. For example, if a pound of hemp contained 6 percent CBD, then each pound of hemp could sell for about $26. Multiply that by thousands of pounds of harvested hemp, and the potential payday could be significant.

When 78-year-old Jim Casto looks at the towering floodwalls that line downtown Huntington, West Virginia, he sees a dark history of generations past. 

The longtime journalist and local historian is short in stature, yet tall in neighborhood tales. On Casto’s hand shines a solid gold ring, signifying his more than 40 years of reporting at the local paper. “It was a lot cheaper to give me a ring than to give me a pay raise,” he said with a chuckle. 

He walks up to the entrance of Harris Riverfront Park, one of 21 gate openings in the more than 3.5 miles of floodwalls covered in decades of charcoal-colored grime and dirt.

Kentucky is one of 12 states that holds elections for agriculture commissioner, which facilitates and promotes the state’s $5.9 billion agriculture industry that has more than 75,000 workers.

Kentucky’s commissioner of agriculture in many ways is a marketer and advocate for the various agricultural organizations and associations in the state. The department also helps farmers and businesses grow various crops, monitors the needs and health of agriculture in the state, regulates hemp growing licenses and even inspects 60,000 gas pumps across the state.

Tony Silvernail swings a heavy machete at a stalk of bushy hemp and chops the plant near the root, grabbing the five-foot-tall shoot with his sun-weathered hand.

It’s an unusually hot October day on his farm, Beyond The Bridge LLC, tucked in the hills outside of Frankfort, Kentucky. But the heat doesn’t faze Silvernail, sporting a sweat-soaked shirt, a huge smile, and a fat cigar between his teeth.

Silvernail and hundreds of others of farmers across the Ohio Valley are finally getting to harvest thousands of acres of hemp, the first harvest since the federal government legalized hemp cultivation last December.

Republican Governor Matt Bevin and his opponent, Democrat Attorney General Andy Beshear continued to battle over contentious campaign issues at this fall’s first gubernatorial debate Thursday in Paducah. 

The two candidates for governor discussed issues ranging from how to control the invasive Asian Carp in west Kentucky reservoirs, infrastructure investment including the state’s middle-mile broadband system KentuckyWired, economic development with recent layoffs in west Kentucky, and how to continue to fund the state’s pension systems.

Tom Folz drives around on a sunny, August afternoon and surveys the thousands of acres of dark green, leafy soybean plants and tall stalks of corn he grows on his sprawling farm in Christian County, Kentucky.

At 54, Folz has wispy, white hair matching his white mustache. It’s taken him several long work weeks to get his crop to where it is today.

“You got to be a little bit ‘off’ to be a farmer,” Folz said. ”You don’t get to enjoy anything during harvest and planting season because we’re working.”

Down bumpy back roads deep in central West Virginia, a flat, bright green pasture opens up among the rolling hills of coffee-colored trees.

Wildflowers and butterflies dot the pasture, but West Virginia University Professor Jeff Skousen is here for something else that stands above the rest of the Appalachian scenery – literally.

Thick stalks of green-yellowish grass reach up ten feet into the air like a beanstalk out of a fairy tale, and Skousen is dwarfed by it.

The U.S. Department of Agriculture announced this week a proposal to tighten the rules on who qualifies for food stamps through the Supplemental Nutrition Assistance Program (SNAP). USDA estimates more than three million people across the country would lose SNAP benefits in an effort to prevent fraud. Anti-hunger advocates in the Ohio Valley say the more than two million people in the region who use the benefits would be impacted.

The department wants to change what they call “broad-based categorical eligibility” in the SNAP program. The regulation allows people that don’t have a low enough income to qualify for food stamps to get them in other ways. For example, people can also qualify if they receive assistance from other federal programs, such as Temporary Assistance for Needy Families.