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The Business Of Legal Hemp Products - Cannabis News
In 2017, over $800 million worth of legal hemp products were sold in the US and by 2021, legal hemp and cannabis will be a $40 billion domestic industry.
Though fraught with over a hundred years worth of legal issues and government roadblocks, the uses and environmental impacts of hemp are no longer being ignored.
Today, hemp farms are present in 19 states and cover an area of 25,713 acres.
Over 1,400 licensed were issued by the US government to individuals to grow hemp and 32 US universities conducted hemp-related research.
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Jacob Wolinsky ~ Valuewalk.com ~
- Written by Bruce Kennedy - Editor in Chief
- Category: Cannabis News