Detailed analysis of the nation’s top 10 hemp-growing states along with charts showing exclusive market intelligence about a crop that is not tracked by any national regulatory agency.
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Ever wondered why the U.S. hemp harvest is so tiny despite the crop’s adaptability and market potential?
Minnesota is a great place to find some answers.
The North Star State has allowed modern hemp production since 2016 and has flexible rules on how the crop can be used.
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(This is the ninth installment in a series that examines hemp markets in U.S. states. Other installments: Nevada, New York, North Carolina, North Dakota, Oregon, Tennessee, Vermont and Virginia.) No hemp discussion goes far in the United States without a mention of Colorado, where more than half the nation’s 2017 hemp production occurred. Colorado has more acres in hemp, more farmers […]
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The Hemp Industries Association and a handful of cannabis entrepreneurs are taking the U.S. Drug Enforcement Administration to court Thursday in a high-stakes case over the agency’s 2016 pronouncement that CBD is an illegal drug – the same as marijuana. The case won’t be decided for months, but the outcome is important for the entire […]
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An increasing number of cannabis companies are directing their efforts at four-legged users.
And there’s more than a billion reasons for that trend.
U.S. pet owners spent more than $30 billion in 2016 on pet supplies, treatments and veterinary care, according to the American Pet Products Association, an industry group representing pet product manufacturers and importers.
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A publicly traded U.S. tobacco company has bought controlling stakes in two Canadian marijuana producers and invested in a North Carolina hemp grower, making what is believed to be the first foray by a significant tobacco business into the cannabis industry. Alliance One International, which trades on the New York Stock Exchange under the ticker […]
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Far from the flashy marijuana dispensaries in Las Vegas, hemp farms in rural northern and southern Nevada can’t keep up with booming demand for flower for CBD production.
The result is a blazing-hot wholesale market for hemp flower, with growers reporting prices of up to $350 a pound for quality, high-CBD varieties.
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If hemp fiber is so strong and easy to grow, why is so much of it moldering in barns awaiting a buyer? Two hemp companies say they have the answer, and they plan to bring it to farmers who can’t find buyers for hemp’s tough stalks. HempLogic in Washington state and Power Zone Agriculture in […]
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Texas’ long-awaited CBD program is underway. Sort of. The nation’s second-most populous state has a limited CBD program, three licensed growers and plants harvested. But Texas has no patients just yet, a signal that the state’s elaborate hurdles are blocking consumers from accessing marijuana-derived medicine even if it’s a cannabidiol product low in THC. “We […]
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Some hemp growers struggle to get water for their crops.
In Tennessee, hemp farmers have the opposite problem: They must grow a plant – one that doesn’t like soggy roots – in a climate with high humidity and more than 50 inches of rain a year.
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Attorney General Jeff Sessions didn’t have hemp in mind when he repealed Obama-era protections for state-legal marijuana businesses. But his Jan. 4 announcement sent shock waves into the hemp industry, too, leaving entrepreneurs scrambling to reassure skittish investors. It’s been a rocky couple of weeks for hemp entrepreneurs. That’s despite the fact that hemp’s legal […]
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You can’t make money growing hemp in Virginia. Literally, even though the plant is legal.
Virginia bans farmers from selling the crop commercially and limits hemp production to a handful of university research projects.
If that strikes you as odd for a state with centuries of experience growing hemp, you’re not alone.
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