Grow Hemp in Georgia
1) Why is the Department of Agriculture building a marketing program for the commercial production of hemp in the United States?
The 2018 Farm Bill (the Agriculture Improvement Act of 2018) directed USDA to develop a regulatory oversight program for hemp. The program includes provisions for the USDA to approve plans submitted by States and Indian Tribes for the domestic production of hemp. It also establishes a federal plan for producers in States or territories of Indian tribes that do not have their own USDA-approved plan and the production of hemp is legal.
2) Grower Hemp Sampling Requirements?
Within 15 days prior to the anticipated harvest of any cannabis plants, the Licensee must have a Department-approved sampling agent collect samples from the flower material of such cannabis material for delta-9 tetrahydrocannabinol concentration level testing.
3) Revenue for Georgia’s Hemp Businesses?
US Hemp Market: estimated to be $1.40 billion in 2019, increasing to $2.6 billion by 2022
Global hemp Market: estimated to be $5.7 billion in 2021
4) Revenue for hemp research at Georgia Universities & the State?
Research is needed in every aspect of the industry. Private Companies are willing to fund Research at Georgia Universities. The State of Georgia will receive TAX revenue both from businesses and individuals who are working in the industrial hemp industry.