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. With the passing of the 2018 Farm Bill that legalized industrial hemp, the future of the hemp industry looks promising from a business owner and investor perspective. Americans purchased $1 billion in hemp products...
Victory for Hemp

Victory for Hemp

Hemp Before the 2018 Farm Bill For most of the twentieth century, hemp and its derivatives have been illegal to produce, with a small break during World War II. Then in the 2014 Farm Bill, the Federal government permitted states to establish research pilot programs...
10 Innovative Technologies in the Hemp Industry

10 Innovative Technologies in the Hemp Industry

Demand for hemp products has been growing significantly in recent years, and with hemp legalization in the United States moving closer to reality, innovative technology is coming to the industry, too. In fact, as the hemp industry grows, more advanced technology will...
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...
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...