3 Critical Factors Crippling the Hemp Industry

3 Critical Factors Crippling the Hemp Industry

The hemp industry in the United States is growing, but there are factors at work that are significantly limiting its growth potential. While the number of acres of hemp grown in the U.S. nearly tripled between 2016 (9,770 acres were grown) and 2017 (25,541 acres were...
Is Hemp the Biggest Opportunity in the Cannabis Market?

Is Hemp the Biggest Opportunity in the Cannabis Market?

Want to invest in the cannabis industry? Think hemp. While still illegal at the federal level, the future of industrial hemp in the United States looks promising from a business owner and investor perspective. Americans purchased $668 million in hemp products in 2016,...
Hemp – Is It Too Late for the U.S. to Compete?

Hemp – Is It Too Late for the U.S. to Compete?

In 2017, 19 states grew hemp in the United States for a total of 25,541 acres of crops. While that’s a significant increase from just one year prior when only 9,770 acres of hemp were grown, the U.S. is still significantly behind in the hemp industry compared to other...