The Southern Ute Indian Tribe has develop into an investor in a 500,000-square-foot hemp processing facility in Wichita Falls, Texas, saying it's a part of the tribe's dedication to sustainable and progressive agricultural practices.

A grand opening for the Panda Hemp Gin facility was held final month in Wichita Falls. The ability will course of the hemp straw that will likely be utilized in textiles, straw and pellets, in keeping with the June 28 version. The Southern Drumthe tribal newspaper.

“This facility represents not solely an funding in the way forward for hemp manufacturing … but in addition a dedication to environmental stewardship and group improvement,” Tribal Chairman Melvin J. Baker mentioned at a ribbon slicing, in keeping with the Tambourine.

The tribe is focused on sequestering carbon dioxide emissions not solely on a neighborhood degree, however on a nationwide scale, mentioned Shane Seibel, government director of the Southern Ute Development Fund, in an interview with The Durango Herald. That’s the reason there was curiosity in investing within the hemp processing facility, which was constructed and operated by Panda Biotech.

Panda Biotech introduced its collaboration with the tribe in 2023.

Learn extra at

https://www.durangoherald.com/articles/southern-ute-indian-tribe-invests-in-500000-square-foot-hemp-processing-plant/

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