Hemp farmers are making a killing on the CBD industry. Now corn and wheat farmers want in

  • 📰 CNN
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 95%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

These hemp farmers are making a killing on the CBD industry

Blue Forest Farms used to grow hundreds of acres of kale, squash and pumpkins. But it has since switched its focus to a different cash crop: hemp.

The farm, which is located in Erie, Colorado, has dedicated 150 acres to growing hemp so far -- and it's still planting."We're now expanding it to 1,000 acres," said McKenzie Mann, Blue Forest's production manager. About 500 acres will come from land previously used to grow kale and squash. Farmers across the United States have been rushing into hemp ever since President Donald Trump signed the Farm Bill into law in December.

"While hemp is unbelievably profitable for farmers, growing it has its challenges," he said. For starters, the seeds aren't cheap. Good quality seeds guaranteed to provide high CBD levels and low amounts of THC that fall below the federally mandated 0.3% threshold, can range from $1 to $2 each. Hemp farming is also labor intensive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

A new world

Do not let corn and wheat Farmers have any part in this they decided to stop planting vegetables in lieu of this horrible GMO corn that they put in everything that they feed in every animal no you're not making money stick to the corn that's what you wanted

pretty soon it's going to be a staple on the Thanksgiving table.

they have 20% protein content. Is almost a crime they were not available before.

Hmm, there really is no such thing as the family owned farm anymore. It's all corporate farming. So I guess this is them testing the waters seeing where else they can get profits. Might even be a good thing if stop producing so much livestock.

At Farmers Only Dot Com

The fact there turnin good farmers into hippy types just shows you how morals are fadin in the country. Woodstock was the first attack on good farm land and now your seein that impact. Learn

Gotta make that 💰👍🏻

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CBD Is the New Marijuana. Why You Shouldn’t Buy Into the Craze for Hemp Stocks.Investors have rushed into hemp-related stocks, driving up prices since Congress approved hemp and opened the door to a wave of CBD products. For now, just say no.
Source: MarketWatch - 🏆 3. / 97 Read more »