The Industrial Hemp Summit is pleased to announce West Town Bank & Trust as a Supporting Sponsor for the 2020 event. Founded in 1922, the bank has built a hemp program uniquely tailored to the challenges of hemp-related businesses. In North Carolina they have loan production offices in Edenton, Morehead City and Raleigh.
Melissa Marsal, West Town Bank & Trust Chief Operating Officer, recently said, “Some banks are not willing to bank hemp customers. At West Town Bank & Trust, we don’t just bank hemp, we embrace it. If you need a bank that understands your needs and your industry, we’re ready to help you bank hemp safely.”
The Feb. 24-25, 2020, event will be hosted once again by the Institute for Advanced Learning and Research (IALR). It focuses on convening multiple stakeholders to build the industrial hemp industry in the United States through development of a supply chain and market-making for industrial hemp food, fiber and flower. The Summit will highlight current innovation in the industry, as well as explore what resources and infrastructure are needed to move the industry forward. Industrial hemp is used to make a variety of commercial and industrial products, including health and natural food products, supplements, skin products, clothing, bioplastics, insulation, biofuel and more. Thanks to December’s federal legislation, U.S. growers, processors and others may now consider entering this versatile market as an opportunity for diversification.
“We are very excited to welcome West Town Bank & Trust as one of our Supporting Sponsors for the 2020 Industrial Hemp Summit,” said Mark Gignac, Executive Director of IALR. “Financial solutions are paramount to today’s growers and processors, and we appreciate their support of this growing industry.”
The Industrial Hemp Summit has traditionally ranked as a sell-out event. The 2019 summit sold out with more than 200 on the waiting list. Stakeholders from 18 states, the District of Columbia, Canada and the U.S attended, including investors, economic developers, tobacco companies, entrepreneurs, medical companies and others interested in advancing the U.S. industrial hemp market. Maximum attendance will be increased for the 2020 summit. Interested attendees are encouraged to purchase their tickets early to ensure a seat.
The 2020 agenda is in development and will feature speakers and topics of the same caliber as the 2019 event. Panelists for the 2019 summit included a multitude of bioscience experts and can be viewed at www.industrialhempsummit.info/2019.
To register, visit www.industrialhempsummit.info. Tickets are $250, and admission for the Monday night reception only is $50. For questions or more information, please contact (434) 766-6605 or info@industrialhempsummit.info.
West Town Bank & Trust is a division of West Town Bancorp Inc., a Raleigh, N.C.-based multi-bank holding company. Visit www.westtownbank.com to learn about their personal, business, insurance and lending services, including USDA lending.
PHOTOS from the 2019 Industrial Hemp Summit:
https://flic.kr/s/aHskP7qXji
https://flic.kr/s/aHsmBodG3J
