What does New West Genetics sell?
We are the engine enabling the rapid development of scalable, diverse and sought after products for the industrial hemp and cannabis industries. We serve other businesses by providing specialty bred hemp genetics (seed only), wholesale hemp flower, and cannabinoid extracts intended for use in several industries. We are pleased to further serve our customers by expanding our product line at the end of the 2017 season to include commercial grain seed..
What markets do you serve?
Currently, New West Genetics has customers in the nutraceutical cannabinoid industry, the brewery industry, and in the human and animal food nutrition markets.
What is the TAM?
- The cannabinoid or cannabis industry is estimated to be 14 Billion by 2020. (Forbes)
- The craft brewery market was 22 Billion in 2015. (Brewers Association)
- The hemp grain market in 2015 was estimated at 600 million. (HIA)
What regulatory agency are you certified by?
In compliance with the 2014 Federal Farm bill section 7606, we are registered with the Colorado Department of Agriculture.
Why do you call it Cannabis sativa when you’re growing hemp?
The federal farm bill of 2014 defines hemp as “the species Cannabis sativa with a THC content of 0.3% or less”. The same species is grown in both instances but hemp undergoes selective breeding to ensure lower THC levels. Hemp does in fact contain all of the other 80+ cannabinoids and terpenes found in what is typically thought of as medical marijuana. We refer to marijuana as “high THC cannabis” and hemp as “low THC cannabis”. Currently, NWG works solely in hemp, due to regulatory fluidity and the fact that everything we improve in hemp will be applicable and transferred to higher THC varieties when the regulatory environment opens up.