You wouldn’t be wrong if you said the past few years have been very good to hemp. A long time ago, fields of hemp dotted the U.S., but the crop was soon classified as a controlled substance and banned for what would be decades. The 2018 Farm Bill changed all that. The legislation classified industrial hemp as cannabis with less than 0.3% THC (delta-9 tetrahydrocannabinol) and gave farmers the leeway to grow it under state and tribal programs.
The hemp sector grew at exponential rates once hemp was legal. Within just a year, hemp was worth millions of dollars in sales, with experts saying it may hit…
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