Thread: Industrial Hemp
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Old August 28, 2018   #15
pmcgrady
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Location: Central Illinois
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Quote:
Originally Posted by nbardo View Post
What can an acre of hemp yield? How much does it cost to produce? How much can a farmer sell it for, per acre, at current market rates? What is the total annual global production of hemp? I have heard all the miraculous claims about its beneficial properties but i have never heard these kinds of economic questions asked. If farmers could be making a lot of money growing and selling hemp, it would be more common. If there was an economic engine driving this thing it would have been made legal years ago. It seems very niche.


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As long as it's not GMO roundup ready hemp seed, it will be ok...Monsanto or big Pharma get their hands on it, we're screwed.
Too many cotton subsidies over the years have limited hemp production is my take on it.
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