$20 million for 2 hemp projects

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Two projects have received a total of $20 million in funding from the U.S. Department of Agriculture’s (USDA) Climate Smart Commodities program. A group of stakeholders led by Atlanta, Georgia-based Iconoclast Industries, LLC, was awarded $15 million to provide data for the fiber and grain sectors, and Lincoln University, Jefferson City, Missouri, received $5 million for its project focused on genetics and management practices aimed at increasing the sustainability of hemp. The grants are from a total $3.5 billion under the Climate Smart program, which was announced this week by the USDA.

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