This study evaluates the influence of hydrothermal carbonization (HTC) or slow pyrolysis (SP) process conditions on the physicochemical properties of precursor biochars and activated carbon (AC). The AC is achieved through a direct or a two-step method with subsequent chemical activation using KOH. A theory is developed on the biochar propensity to be chemically activated based on the lignocellulosic structure composition. X-ray photoelectron spectroscopy elemental analysis shows that the O/C ratio decreases after chemical activation for HTC biochar but remains the same for SP biochar. X-ray powder diffraction indicates that the SP biochar and all ACs have broad amorphous carbon peaks, whereas corn stover and the HTC biochar have distinct cellulosic crystalline peaks. Vanillin adsorbent experiments were performed on various ACs with up to 98% reduction shown. The best adsorbent for vanillin was the AC produced directly from corn stover, followed by AC HTC and then AC SP.