On September 30, 2022 (Fri), Neocannbio's Vice President Kim Jeong-kook attended the Hemp Regulatory Free Zone meeting at the Gyeongbuk Bio Industry Research Institute, attended by Minister of SMEs and Startups Lee Young, Member of Parliament Kim Hyung-dong, and Governor Lee Chul-woo of Gyeongbuk Province, and expressed his opinion on the direction of deregulation to revitalize the Hemp industry.