Posted by Mark Robke on January 26, 2019 at 10:57:49 from (75.88.127.217):
In Reply to: Hemp production-KY posted by sourgum on January 25, 2019 at 09:45:06:
I applied for a license to grow hemp in 2019. I started using CBD oil this past May, and because of the great results I have had, along with other people, I am a believer in the product.CBD oil works great for pain relief. Big companies are looking into incorporating it in their products. I am a former tobacco grower, and am growing hemp for CBD oil to make some good money. It is a labor intensive crop, just like tobacco. If you don't have a tobacco background, you won't want to grow it. I believe for the short term, it will be high dollar crop. And that it will be a good paying crop for years to come. The processor I am contracting to grow for originally only wanted 10 acres. BUT, as word grew, and demand grew, he now NEEDS 200-400 acres. He has done his due diligence and really has a good plan in place. He has investors coming to him, to invest in the business. Since hemp is now legal in all 50 states, the industry will grow. I do not believe there will be enough growers for a long time because of the labor issue. Tobacco growers can attest to this: labor is real hard to find. So I believe this will revive the small family farm. In this area of Kentucky, farms are small and the rolling ridge land is not suitable for much else-pasture, hay and small acreage type crops. The fiber market, from the stalk, may also develop as time goes on, but for now, the CBD is where it is at in the hemp world. Mark.
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