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 via state pilot programs and the 2018 Farm Bill finally ended the prohibition of this incredible crop. 41 states have enacted hemp bills and in 2018 over 70,000 acres of hemp were grown in 23 states.
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.