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4 weeks ago
"CHEYNEY—Plans call for Cheyney University’s bucolic campus to host a 10-acre hemp farm and processing plant in an existing university building and commonwealth-owned fields.
Advanced Alchemy Labs, a West Chester-based company that produces hemp extract-based health products, is teaming with the 550-student university.
Enrollment recently rebounded and the university balanced its budget for the first time since 2011. In November it again earned accreditation.
The university has attracted, and is seeking more businesses for on-campus partnerships to enhance the student experience.
“This is a very significant transaction for Cheyney as we continue to form partnerships with forward-looking companies to operate on our campus,” said Cheyney University President Aaron A. Walton. “In this deal, we achieve the two mandatory components of all of our corporate collaborations.
“First, there will be paid internships for our students, along with training and curriculum surrounding hemp cultivation and processing. Also, Cheyney will benefit financially from the company’s presence on our campus. This partnership is yet another example of the two filters we use to evaluate opportunities: Number One, it must be in the best interest of our students and Number Two, it must preserve/advance our institution.”
Chester County has a rich agricultural history and according to a release, represents a future viable crop for farms and other entities in the county. Hemp can be used to produce plastic, paper, clothing and cars and will be grown by Advanced Alchemy Labs at nine other Pennsylvania locations.
In addition to the 10-acre hemp fields, 10,000 square feet of the school’s Jones Hilton maintenance building will be used for processing.
“While farming hemp has become increasingly popular, there is a shortage in processing capacity,” reads the release. “There are very few certified and appropriate facilities in the region where the crop can be dried, extracted and processed.
“Advanced Alchemy Labs hopes to fill that void.”
The founders of the company, including former Philadelphia Flyer Riley Cote, has been successful in the hemp-based health products business under the brand BodyChek Wellness. That hemp is grown in Colorado. Advanced Alchemy Labs hopes to distribute globally from the new facility in Thornbury Township after securing approval from the municipality, which is projected within the next five months."
www.dailylocal.com/news/hemp-fields-coming-to-cheyney-university/article_c528dbcc-5e79-11ea-87a8-... ... See MoreSee Less
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