1) Why is USDA building a marketing program for commercial hemp production?
The 2018 Farm Bill (Agriculture Improvement Act of 2018) directed USDA to develop a regulatory oversight program for hemp. It includes approval of State and Tribal plans for domestic production, and a federal plan for producers in jurisdictions without their own USDA-approved plan where hemp production is legal.
2) Grower hemp sampling requirements?
Within 15 days prior to anticipated harvest, a Department-approved sampling agent must collect flower material for delta-9 THC concentration testing.
3) Revenue for Georgia’s hemp businesses?
U.S. Hemp Market: estimated $1.40B in 2019, projected to reach $2.6B by 2022.
Global Hemp Market: estimated $5.7B in 2021.
4) Revenue for hemp research at Georgia universities & the State?
Research is needed across the value chain. Private companies are willing to fund projects at Georgia universities. The State benefits from tax revenue generated by businesses and individuals participating in the hemp industry.
