A unit of wheat is a called a bushel, and a standard weight of potatoes is called a century. But hemp as a fully legal U.S. agricultural commodity is so new, a unit of hemp seed doesn’t have a universal name or an agreed-upon quantity.

That’s one example of the startling lack of uniformity — and accountability — in an industry that’s sprung up almost overnight since the U.S. late last year removed hemp from the controlled substances list.

A global hemp research lab announced June 13 in Oregon, coupled with a nascent national review board for hemp varieties and a handful of seed certification programs nationwide, are the first stabs at addressing those concerns — and at creating accountability by standardizing U.S. hemp for a global market.

“If you look at a lot of financial markets, they’re all saying, ‘People are investing in this, and we have no idea what to divide…

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