So, you think you wish to be a hemp farmer?
We can’t say that people blame you.
This guide to growing hemp could be a resource that is invaluable.
It really is a incredibly exciting amount of time in history. The 2018 Farm Bill has opened up area that is practically untouched for longer than a hundred years. Given that hemp cultivation is simply appropriate in every 50 states (click to learn more), there’s an evergrowing fascination with growing hemp.
It’s estimated that CBD will likely to be a $22 billion industry by 2022. And simply because CBD is sourced from hemp, engaging in the continuing company of hemp agriculture could show to be extremely profitable certainly.
So how lucrative?
In accordance with Alex Seleznov, board member of the National Hemp Association, hemp plants grown for CBD could generate $25–$35 per lb. Each plant shall produce approximately one lb of hemp which can be used to supply CBD, along with 1,000–1,500 plants per acre, hemp farmers might be taking a look at around $30,000 per acre of hemp.
Growing hemp, this indicates, could grow to be really lucrative indeed.
Hemp has been continuously grown for many thousands of years (numerous contend it is the world’s oldest cultivated crop), but modern cultivation techniques aren’t quite just what they was previously. There’s so much more to growing hemp than sticking a seed within the ground and viewing it grow. In the event that you genuinely wish to grow hemp, right here’s all you need to understand.