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HEMPALTA

Fort Macleod

Fort Macleod

$30.00 CAD
$30.00 CAD
Sale Sold out

2420 in stock

Forward Credits
Buying forward credits allows buyers to lock in today’s pricing for the future delivery of carbon credits. You will be charged 50% of the total cost now, with the balance due when the credits are validated and issued as carbon certificates.
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Alberta, Canada

Fort Macleod

A Family-Owned Hemp Farm: Located in Nobleford, AB, this farm has been in operation since 2010. Over the past 5 seasons, it has focused on cultivating hemp, with 345 acres dedicated to the 2023 harvest.

Commitment to Sustainability: The farm has taken a significant step towards sustainability by registering with the Hemp Program. This groundbreaking program employs advanced quantification techniques, including remote sensing technology, to accurately measure CO2 sequestration in the biomass and roots of the hemp plant. Designed specifically for harnessing the environmental benefits of industrial hemp, the Hemp Program plays a vital role as a natural climate solution.

Carbon Market Impacts of Industrial Hemp Sequestration

Industrial hemp farms play a crucial role in the carbon markets, thanks to the remarkable CO2 sequestration potential of this versatile crop. Known for its rapid growth and exceptional ability to absorb carbon dioxide, hemp actively draws CO2 from the atmosphere and stores it within its biomass and roots, effectively sequestering carbon. This process of carbon sequestration is highly valuable within the carbon markets, where carbon credits are traded to represent greenhouse gas emissions reductions or removals.

The significance of industrial hemp's sequestration potential lies in its swift growth cycle, with certain strains maturing in as little as three months. This allows for multiple harvests per year, ensuring a continuous and efficient CO2 sequestration process. Moreover, hemp's versatility as a raw material in various industries fosters a sustainable and circular economy, reducing the reliance on emissions-intensive alternatives.

By participating in the carbon markets, industrial hemp farmers can not only diversify their revenue streams but also make meaningful contributions to climate change mitigation. As more organizations strive for carbon neutrality and emissions reduction, the demand for carbon credits is expected to rise, making the sequestration potential of industrial hemp farms increasingly valuable.

Ultimately, the sequestration of CO2 from industrial hemp farms presents a renewable and scalable solution for carbon contributions, making a positive impact within the carbon markets and advancing sustainable practices for a greener future.

[UN Report - Link to the report:

https://unctad.org/system/files/official-document/presspb2023d4_en.pdf]