The domestic hemp industry is growing over 30% per year and has the potential to reinvigorate economically stifled agricultural communities all across the United States. With its rapid growth cycle, hardiness, and versatility, hemp provides maximum benefit with minimal impact on the environment.
The 2014 Farm Bill reintroduced hemp to our agricultural economy and it is now legal for farmers in 19 states to cultivate hemp in partnership with state agriculture programs and institutions of higher education. 25,713 acres of hemp were grown in 19 states in 2017.
Hemp requires less water and pesticides than other industrial crops and grows to maturity in just 12-14 weeks (~90 days). Hemp also presents a superior carbon sequestration potential as 1 metric ton of hemp sequesters 1.5 metric tons of carbon. Furthermore, hemp does all this while remediating the soil so it's an ideal rotational crop.