Purpose. To create an industrial hemp variety of the Central European ecological and geographical type with a high content cannabigerol and universal application. Methods. Breeding (self-pollination, creation of artificial populations, selection), field, biochemical (thin-layer and gas-liquid chromatography of cannabinoid compounds), instrumental and technological assessment of fibre quality, and statistical methods. Results. Variety ‘Vik 2020’ was obtained as a result of creation of artificial populations. The plants are characterized by higher content of cannabigerol (1.034 ± 0.0323%), and almost zero of other secondary metabolites, such as cannabidivarin, cannabidiol, cannabichromene and psychotropic tetrahydrocannabinol (0.003 ± 0.0011, 0.018 ± 0.0080, 0.012 ± 0.0027, and 0.005 ± 0.0012%, respectively). The trait of cannabigerol content is quite stable within the population and is not correlated with the trait of tetrahydrocannabinol content (r = –0.23). According to the results of the competitive variety test, when growing to obtain fibre and seeds, the variety features short height, specifically significantly lower total (206.4 cm) and technical stem length (135.6 cm) compared to the standard variety, significantly higher inflorescence length (70.8 cm), which determine the formation of the significant yield of biomass suitable for pharmaceutical use and high seed yield (0.98 t/ha). The yield of total fibre was the same as in the standard variety (29.0%), but its quality and technological value for primary processing were higher. The vegetation period to the biological maturity stage (BBCH 89) made up 116 days. Conclusions. ‘Vik 2020’ is a new variety of industrial hemp with a high content of cannabigerol (a non-psychotropic component of cannabinoids that has a number of medicinal properties). It is characterized by almost zero content of tetrahydrocannabinol, increased inflorescence size, high seed yield, improved fibre quality characteristics, homogeneous sex structure, resistance to abiotic and biotic environmental factors. The variety is recommended for growing in order to obtain seeds, fibre, and, potentially, cannabigerol (given the respective changes in Ukrainian regulation).