Unfortunately, in 2019, the first year that many hemp farmers were legally permitted to grow hemp, most crops did not thrive. Many of these wrinkles will likely shake out in time, but for now, they are seriously interfering with the American hemp market. What’s more, some equipment and supplies hemp farmers ostensibly need are not exactly as they seem. Yet, that doesn’t mean that American hemp is a smashing success. The only current opening for farmers looking to start hemp cropping is pursuing hemp for CBD — but that increases their labor demand considerably and thereby reduces their profits.
In 2018, the U.S. Congress passed the Hemp Farming Act, which legalized the widespread cultivation of cannabis with a low THC content and its sale as an ordinary agricultural commodity. By 2019, the law was in effect, and now, in 2020, there are over 320,000 acres of hemp on farms across the country.
Yet, that doesn’t mean that American hemp is a smashing success. Here are a few issues preventing hemp from succeeding on a massive scale throughout the U.S.
Farming Misfortunes
Hemp is a notably hardy crop, resistant...
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