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|Archives - September 2009|
|Thursday, August 20, 2009|
In August, Oregon became the seventh state to legalize the growing and processing of hemp. The new law is largely symbolic because a federal law banning all forms of cannabis supersedes it, but it also represents a growing movement toward bringing back domestic production of a plant with a long history of industrial uses. Certainly there is money in marijuana, industrial hemp’s naughty cousin. But what about industrial hemp, the stuff of rope, not dope?
A dozen Oregon companies import hemp from countries where it is grown legally to make everything from massage lotion and dresses to hemp nut butter and ice cream. Most of these businesses are small, home-based outfits, but several, such as Living Harvest of Portland and Merry Hempsters of Eugene, have proven that the hemp market has serious potential. In fact, Living Harvest is one of the state’s most dynamic small companies, growing from eight employees in 2007 to 15 in 2008 while boosting revenues to nearly $5 million. Living Harvest CEO Hans Fastre expects sales to grow another 40% or 50% this year as more stores start carrying his hemp milk, frozen treats and protein powder.
Living Harvest imports 2 million pounds of hemp seeds from Canada each year. Because of drug laws, the seeds must be de-hulled using a process Fastre calls “inefficient and tedious” to ensure they will not be sprouted. Fastre is trying to convince the feds to allow him to import whole seeds or, better yet, to use locally grown seeds.
“Why not stimulate the economy by bringing a new crop into the state?” Fastre asks. “We would love to spend our money locally.”
Dena Purich, founder of Earthbound Creations of Eugene, agrees. She started her hemp clothing business in 2007 and saw her sales triple in 2008. She buys thousands of yards of hemp fabric through a Colorado company that imports in bulk from China, but she says, “In an ideal world everything would be done here in Oregon.”
“It would certainly save time and money and hassle,” says Gerry Shapiro, president of Merry Hempsters, a 10-employee enterprise in Eugene that converts Canadian hemp oil into salves and lip balm.
Shapiro has been in the hemp business since 1994, and he’s confident he’ll do fine with or without local materials. “Either way, we’ll be in business,” he says. “I just think it’s ridiculous that we can’t grow it here.”
Friday, March 27, 2015
BY LINDA BAKER
Founded 12 years ago, Keen Inc. likes to push the envelope, starting with the debut of the “Newport” closed toe sandal in 2003. Since then, the company has opened a factory on Swan Island and a sleek new headquarters in the Pearl District. The brand’s newest offering, UNEEK, is a sandal made from two woven cords and not much more.
Wednesday, February 18, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."
Friday, March 27, 2015
BY AMY MILSHTEIN
Damian Smith bets on changing himself — and Portland — through consulting.
Thursday, February 26, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Employment in Oregon is almost back up to prerecession levels — and employers are having to work harder to entice talented staff to join their ranks. This year’s 100 Best Companies to Work For in Oregon project showcases the kind of quality workplaces that foster happy employees.
Wednesday, April 08, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
The Wilsonville-based company is targeting GoPro enthusiasts with its latest release. Is spy gear poised to go mainstream?
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR
At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.
Thursday, March 19, 2015
BY APRIL STREETER
How the private sector can ride the next transit revolution.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
Providing attendees with unique taste of the Northwest Reception.
CFM Strategic Communications turns 25 this year and is celebrating with a revamped website, special events for firm alumni and clients, a special-label wine and a list of 25 stories about its client work over the past quarter century.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.