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You are here: Home / Hemp Business Executive / Hemp Industry News / Budding Hemp Farmers Struggle To Find Success In The ‘Green Rush’
Vermont Hemp Farmers Washington Hemp South Dakota Hemp industrial hemp research Purdue Industrial Hemp Indiana

Budding Hemp Farmers Struggle To Find Success In The ‘Green Rush’

November 17, 2019 by AggregatedNews Leave a Comment

Hemp farming exploded after the 2018 Farm Bill passed last December. The bill decriminalized the plant at the federal level, opening the door for many U.S. farmers to grow and sell hemp.

Over the past year, licensed hemp acreage increased more than 445%, according to the advocacy and research group Vote Hemp. More than 510,000 acres of hemp were licensed in 2019, versus about 112,000 acres in 2018.

At the same time, products made with cannabidiol — a chemical compound found in hemp — are being sold everywhere from gas stations to CVS. CBD is promoted as a cure-all for anxiety, depression and post-traumatic stress disorder, even though the science isn’t there yet.

Farmers see an opportunity to get in on the “green rush.” But now, some are worried that their first harvest could leave them empty-handed.

The “green rush”

In Sperryville, Va., “there’s more cows than people,” Elizabeth Melson says. In the distance shadows lift off the Blue Ridge Mountains. Golden, crimson and scarlet ash and birch trees hiss in the wind, lining the Thornton River. Melson surveys a quarter-acre plot of hemp — the dense, Christmas-tree-looking plants shimmer in the morning light. [Read more at NPR]

Contextual Link – Nexus November

Contextual Link – Cova November

Filed Under: Hemp Industry News Tagged With: 2018 Farm Bill, cannabidiol (CBD), CBD, green rush, hemp farmers, hemp growers, THC

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