The company has grown 1,250 hectares of industrial hemp in Ivanovo region this season and plans to grow up to 5,000 hectares next year.
Harvest of the current crop is now underway.
The company has been working with Rostselmash to produce a prototype forage harvester with a rotary header to harvest industrial hemp.
Smart Hemp director, Maxim Uvarov, said: “Hemp is extremely difficult to harvest, although sowing and growing it, in general, is not difficult”.
According to Uvarov, the use of hemp as a raw material is extremely wide, including the textiles industry, building materials, and the food industry.
Smart Hemp Ltd. is registered in Cyprus and incorporated November 2019.