New West Genetics is focused on bringing stable genetics to the hemp business. President and CEO Wendy Mosher spoke about the company’s experienced team, its research and development efforts and how she sees the competitive landscape for hemp genetics.
Genomic knowledge in the hemp industry is 100 years behind a crop like corn, and the industry desperately needs stable genetics, according to Mosher. New West Genetics is focused on creating and licensing stable, proprietary seeds. Creating those stable seeds takes years. The company began in 2014, and its first stable seed was certified in 2017. The company’s seeds are certified by the Association of Official Seed Certifying Agencies (AOSCA).
The company has received patent claims for some of its novel varieties, and it is submitting more claims to protect its work. New West Genetics has a pipeline of new varieties rolling out every year.
In addition to its seed licensing model, the company partners with extractors. Mosher is not concerned that uncertainty in the regulatory environment for CBD will affect New West Genetics. She sees continued demand for hemp-based extract and looks forward to clarified regulations.
Read more at newcannabisventures.com