Tech

Space Tango creates a subsidiary to grow hemp in space

Space Tango, a space company based in Kentucky that specializes in the research and manufacturing of microgravity environments, announced that it will create a subsidiary that will concentrate on hemp’s plant biology and properties, per Forbes. Space Tango is raising money outside from partners and investors for this new venture, though the company did not declare its target for fundraising.

Space Tango, a space company based in Kentucky that specializes in the research and manufacturing of microgravity environments, announced that it will create a subsidiary that will concentrate on hemp’s plant biology and properties, per Forbes. They will focus on enhancing hemp for different applications on Earth.

Sending up hemp

Companies have already invested in Space Tango, including Atalo Holdings and Anavii Market. Atalo Holdings focuses on transformative hemp technologies for crops, agronomics, and marketing. Anavii Market is a trusted retailer of premium cannabidiol (CBD) products.

One of the members of the Space Tango Science Advisory Team, Dr. Joe Chappell, said:

“When we send plants to the International Space Station, we eliminate one core, constant force, to which plants are well-adapted—gravity. When plants are ‘stressed,’ they pull from a genetic reservoir to produce compounds that allow them to adapt and survive,” per Forbes.

Space Tango is focusing its research on CBD from marijuana or hemp. (Photo by Brett Levin via Flickr. CC BY 2.0.)

CBD does not provide feelings of euphoria

One of the components that are likely to be the focus of Space Tango’s research is CBD. It is one of the many compounds found in cannabis plants, either from marijuana or hemp. Unlike tetrahydrocannabinol (THC), CBD does not provide feelings of euphoria or the feeling of getting high, which is one of the reasons why some regulations are more permissive towards CBD compared to other cannabinoids.

In fact, the U.S. Food and Drug Authority recently approved the first drug with CBD as an active ingredient. Evidently, there is great potential in CBD. A recent World Health Organization report also states that there is no abuse potential for CBD and that there is no public risk in regards to the product.

According to Space Tango Chairman Kris Kimel, they plan on focusing on product development and value creation on hemp. However, they also want to expand the awareness of microgravity as a new way to discover medical solutions for Earth. With CBD for pain management and treatment for other conditions, it is clear why Space Tango would focus on this compound.

Space Tango is raising money outside from partners and investors for this new venture. (Source)

Plants in space

This is not the first time that researchers try to grow plants in space. The National Aeronautics and Space Administration (NASA) launched the Vegetable Production System in 2014. This provides edible greens that allow space crews to have a nutritious food source.

Hemp has proven to have a lot of applications—from building materials, ropes, and fabrics to edible grains, milk, and oil. This is something that Space Tango’s subsidiary could help uncover. It is also a great industry as it covers different sub-categories such as the food and beverage industry, construction industry, textile industry, and the pharmaceutical industry.

Space Tango is raising money outside from partners and investors for this new venture, though the company did not declare its target for fundraising.

(Featured Image by Wikilmages)

Angelique Moss

Angelique Moss is a London-based entrepreneur, writer, and traveller. The world of business, finance, and technology, is her preferred cup of tea. She also writes about the developments and discussions on health, art, luxury and media. A top writer for several Medium publications, she has published hundreds of widely read articles on investing, stocks, global markets, cannabis, and technology for multiple platforms. She is also interested in culture, history, and social affairs.

Recent Posts

Ontario Increases Efforts to Combat Illegal Cannabis Market

Ontario is investing $31 million over the next three years to enhance efforts against illegal…

5 days ago

Hanover and Frankfurt Will Be the First German Cities to Legally Sell Cannabis for Adult Use

Frankfurt and Hanover are launching five-year pilot projects for legal, regulated cannabis sales to adults,…

6 days ago

CBD Decree Suspended By Italian Administrative Court for Third Time

Italy's Regional Administrative Court suspended the Health Ministry's decree labeling CBD as a narcotic, pending…

1 week ago

Which U.S. States Will Vote on Cannabis Legalization in November 2024?

This November, five U.S. states will vote on measures related to legalizing recreational or medical…

2 weeks ago

Italy to Be Investigated By EU Commission Over Proposed CBD and Hemp Ban

The European Commission has launched an investigation into Italy after its recent proposal to ban…

2 weeks ago

Prolonged Cannabis Use May Leave a Unique DNA Signatures

A new study has found that prolonged use of high-THC cannabis leaves a unique mark…

2 weeks ago