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Almost $3M invested in Rockingham Co hemp fiber, CBD extraction facility

Almost $3M invested in Rockingham Co. hemp fiber, CBD extraction facility Pure Shenandoah (Source: WHSV) By Cayley Urenko | December 30, 2020 at 11:15 AM EST - Updated December 30 at 11:15 AM ROCKINGHAM COUNTY, Va. (WHSV) - A Rockingham County hemp facility is making a big investment, which can help local growers and retailers. Nearly $3 million will help Pure Shenandoah in Elkton expand its CBD extraction and hemp-fiber processing. Some grant funding from Virginia and Rockingham Co. will support the project, which will use 100% of hemp from Virginia farmers and bring two dozen jobs to the Shenandoah Valley. “CBD is on the medicine side, fiber is more so textile, paper and clothes. It’s a sustainable way to the future,” CEO Tanner Johnson said. “We’ve known this was going to be our path for a long time, but we’re looking to have this grant speed that time table up a bit and get these products to people who need them.”

Shenandoah Valley Hemp LLC to establish facility in Elkton

Shenandoah Valley Hemp LLC will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol oil, or CBD, extraction facility in Elkton, according to Gov. Ralph Northam. Northam announced the investment in a news release Monday, stating Shenandoah Valley Hemp will do business under the name Pure Shenandoah. The new facility is located in the historic Casey Jones building in downtown Elkton off Spotswood Avenue. An expected 24 jobs will be created as part of the investment, Northam states in the release. Elkton Mayor Joshua Gooden said the town is excited to continue working with the Johnson family and the Pure Shenandoah team, adding the business offers new and innovative products to Virginia.

Industrial hemp company to invest $3 3 million to establish facility in Virginia

Industrial hemp company to invest $3.3 million to establish facility in Virginia The company will create 24 new jobs and will purchase 100 percent of its industrial hemp from Virginia growers. By WHSV Newsroom | December 28, 2020 at 4:34 PM EST - Updated December 28 at 5:27 PM RICHMOND, Va. (WHSV/Office of Gov. Northam Press Release) — According to a press release from Governor Ralph Northam’s office, Shenandoah Valley Hemp, LLC, doing business as Pure Shenandoah, will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol oil extraction facility in the Town of Elkton. The release says the company will create 24 new jobs and will purchase 100 percent of its industrial hemp from Virginia growers. The release says this will result in nearly $5 million in payments to Virginia farmers over the next three years.

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