Tag: hemp industry

The Hemp Industry Boom: America's Next Big Cash Crop

The United States of Hemp: America’s Next Legal Cash Crop

Is hemp the next big legal cash crop in the United States? Experts say hemp industry on track to be worth $22 billion by 2022. How does CBD fit in the equation? Maybe money doesn’t grow on trees, but it’s springing up from the soil across America in the form of the hemp plant. And why not? Now that the 2018 Farm Bill has been passed and signed, which declassifies hemp as a Schedule 1 Controlled Substance, American farmers and CBD retailers are gearing up for a major boom in the industry. Analysts from the Brightfield Group project the hemp

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