Business

US Hemp Industry More Optimistic Now Than Ever

It has been decades since hemp was legal from coast-to-coast. Some states have adopted programs to support the budding industrial hemp industry years ago, but the majority of farmers in the U.S. are still behind on hemp farming. As states continue to open programs that center on increasing the knowledge on hemp, the growth of the industry will be supported even further.

The revisions to the Farm Bill included a provision that made industrial hemp federally legal. Farmers in the U.S. are excited for what could be the next cash crop to push the economy, but it is too early to say the industry is already a success. Regardless, there is a lot of optimism surrounding the hemp industry.

Problems in the hemp industry

It has been decades since hemp was legal from coast-to-coast. Some states have adopted programs to support the budding industry years ago, but the majority of farmers in the U.S. are still behind on hemp farming. Legacy Hemp agronomist Bryan Parr says that farmer applications for their hemp program have increased significantly since the Farm Bill was passed into law.

Parr says there are fewer questions with regard to the legality of the crop. It is the plant itself that the farmers are worried about. In Wisconsin, hemp is legal since 2017 and pilot programs have launched since then. The programs will teach farmers the know-hows in farming hemp, but learning takes time.

Even though they need more education, farmers in the state are still welcoming federal legalization with open arms.

Industrial hemp is being touted as the next cash crop thanks to the approval of the 2018 Farm Bill. (Photo by WeedPornDaily via Flickr. CC BY-SA 4.0.)

A lot has changed since hemp was legalized

Turtle Creek Gardens farmer Steve Tomlins said that he had to take complicated routes to transport hemp products to and from Wisconsin. There were other farmers that took crazy routes just to secure hemp seeds. A lot of them were worried about getting stopped along the way as they passed by states where hemp was illegal. Now, these farmers have no worries when transporting products.

Oregon Farmers Rejoice Over Hemp’s Legalization

Farmers in Oregon became more active since the nationwide ban on industrial hemp was lifted. State-based The Boring Hemp Company was one of the early movers into the industry. Owner Barry Cook says that the legalization will open many doors that were previously closed to farmers.

Farmers in Oregon take advantage of the industrial hemp acceptance nationwide. (Source)

Along with Senator Jeff Merkly, Barconference to commemorate the changes in the US Farm Bill. Merkly is proud of the head start they have in Oregon’s hemp industry. “We have 568 registered farmers in our state; we have 71 registered hemp handlers who are in the business of removing the CBD oil from the hemp,” he said.

True enough, optimism surrounds the entire U.S. hemp industry now that the plant is legal

This is just the start of a new agricultural revolution as countless others are going to support its growth in the coming years. As states continue to open programs that center on increasing the knowledge on hemp, the growth of the industry will be supported even further.

(Featured Image by Nik Shuliahin)

Angelique Moss

Angelique Moss is a London-based entrepreneur, writer, and traveller. The world of business, finance, and technology, is her preferred cup of tea. She also writes about the developments and discussions on health, art, luxury and media. A top writer for several Medium publications, she has published hundreds of widely read articles on investing, stocks, global markets, cannabis, and technology for multiple platforms. She is also interested in culture, history, and social affairs.

Recent Posts

Ontario Increases Efforts to Combat Illegal Cannabis Market

Ontario is investing $31 million over the next three years to enhance efforts against illegal…

5 days ago

Hanover and Frankfurt Will Be the First German Cities to Legally Sell Cannabis for Adult Use

Frankfurt and Hanover are launching five-year pilot projects for legal, regulated cannabis sales to adults,…

6 days ago

CBD Decree Suspended By Italian Administrative Court for Third Time

Italy's Regional Administrative Court suspended the Health Ministry's decree labeling CBD as a narcotic, pending…

1 week ago

Which U.S. States Will Vote on Cannabis Legalization in November 2024?

This November, five U.S. states will vote on measures related to legalizing recreational or medical…

2 weeks ago

Italy to Be Investigated By EU Commission Over Proposed CBD and Hemp Ban

The European Commission has launched an investigation into Italy after its recent proposal to ban…

2 weeks ago

Prolonged Cannabis Use May Leave a Unique DNA Signatures

A new study has found that prolonged use of high-THC cannabis leaves a unique mark…

2 weeks ago