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iMD Companies announces its purchase of Freedom Seed and Feed

Freedom Feed and Seed is America’s first federally permitted hemp seed and fibre farm

By Diego Flammini, Farms.com

Companies from the states of Florida and Kentucky came together in a deal that, when completed, will come in being worth $1.9 million.

"This acquisition is so key for us as we were not only able to obtain a one-of-a-kind company but it also gives iMD a source that is capable of leasing land, purchasing seed, clones and the equipment needed to grow industrial hemp," said Larry Robertson, president of iMD Companies, Inc. "The bold vision that iMD management has in common with Freedom Seed Farm's (FSF) David Hadland and Michael Lewis will help expedite our entrance into the industrial hemp market."

There are more than 30 countries who grow hemp as an agricultural product and as a source of national income.

In 2011, Canada alone licensed more than 30,000 acres of land dedicated to growing hemp, which resulted in $10 million in product sales. Because the United States currently doesn’t allow industrial hemp production, judging the market value is difficult, but it’s estimated the value of all hemp-based items can be greater than $300 million annually.

Since 1970, the United States deemed hemp illegal to grow because of its similarity to marijuana. In 2005, the U.S. government allowed for hemp products to be imported.


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Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!

Video: Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!


Demco's dual auger grain cart is designed for unloading efficiency, operator visibility, and safety in the field.

This dual-auger design features both an unload auger and a floor auger for enhanced grain cleanout and consistent flow, and the 22-inch unload auger is capable of moving up to 600 bushels per minute.

Farmers can also choose between right or left-handed unload options—right-handed unload improves visibility from the tractor cab. A new design allows both vertical and horizontal movement for precise grain placement during unloading.

Another key feature is the built-in fire safety system; a 300-gallon onboard water tank with a hose reel that provides field-ready fire suppression capability.

These dual auger grain carts are available in 1100, 1300, 1500, 1700, and 2200 bushel sizes.