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How do we define the hemp market?

For purposes of defining the market, we must accept two essential theses: Non-cannabinoid uses ( i.e ., grain, fiber, hurd, and seed) of the hemp plant generally require a great deal of costly infrastructure and corresponding broader (corporate) adoption to become widespread (and that is coming).

Is industrial hemp a good investment?

The market for these uses has increased greatly in recent years, but does require substantial long-term investment. That said, the USDA reports that fiber and food uses for industrial hemp are growing rapidly and have increased over 300 percent in the past few years.

When will the national hemp report be released?

The report will be issued every Wednesday. “USDA has recognized the hemp industry’s need for timely market information,” said Under Secretary for Marketing and Regulatory Programs Jenny Lester Moffitt. “The National Hemp Report will equip stakeholders with weekly price and volume information to help guide smart business decisions.”

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