Since the 2018 Farm Bill removed hemp from the Controlled Substances Act late last year, 511,000 acres have been licensed for its cultivation, according to a new report released by the advocacy group Vote Hemp.
That’s up from 78,000 acres licensed in 2018 for limited research purposes.
Marijuana’s non-intoxicating cousin hemp is now legal to grow in every state except Idaho, Mississippi, New Hampshire and South Dakota.
Forbes expects the crop to be an economic boon for American farmers, noting it is currently used in over 25,000 products.
Vote Hemp expects being able to source the plant locally will make waves in the industries of nutrition, medicine, bioplastics, homebuiling, clothing and textiles and even batteries for electric cars […]