Hemp Seed Buyback Program

Added on 13 April 2020

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EcoGen Laboratories, a vertically-integrated manufacturer and supplier of hemp genetics, hemp-derived specialty ingredients and finished products in North America, has introduced the EcoGen Buyback Program through which EcoGen will buy back harvested hemp crops at fair market value from farmers who purchase seeds from the company.

During this planting season amid the COVID-19 pandemic, EcoGen will aid hemp farmers by providing competitively priced feminized seeds validated through genetic, germination and stability testing. Following final harvest, EcoGen would arrange to purchase back from farmers any unsold hemp biomass grown from the seeds bought from EcoGen that meet the company's standards and arrange for shipping back to the facility for processing.

"We understand the needs of our customers and have so much confidence in our seeds that we plan to stand behind our products all the way from planting to harvest," said Alexis Korybut, co-founder and CEO of EcoGen. "Hemp is new to many farmers and certain market variables continue to be unknown. Adding a layer of financial certainty for farmers can be invaluable during these trying times and something we are honored to be able to do through the EcoGen Buyback Program."

"Our mission is to support farmers around the world," said Joseph Nunez, co-founder and president of EcoGen. "That's why we want to do our part to help farmers during this COVID-19 pandemic through our buyback program. Planting season is here and we can lend aid to hemp farmers to ensure they have a successful season."

To learn more, visit https://ecogenlabs.com.