Growing Hemp for CBD and Starting Your Own Farm

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It's no secret that hemp products have become increasingly popular in recent years. This is especially true in areas where marijuana laws have begun to chain, resulting in more and more people choosing to experiment with different forms of weed.

Growing hemp for CBD is a big job, and the need for commercial hemp production will continue to grow as the demand for weed continues to rise.

This article takes a look at how to start a hemp farm, literally from the ground up. It's not an easy task, but skilled farmers are needed to keep up with demand within this thriving industry.

Keep reading to discover insight into the hemp farming process to see if you have what it takes to get started.


Reasons to Become a Hemp Farmer

Before getting too deep into the topic, you need to ask yourself why you want to grow hemp. After all, it's an expensive endeavor and takes a lot of hard work.

The hemp industry is really just getting started and shows no sign of slowing down. Plus, hemp as an incredibly wide range of uses beyond CBD. It's an eco-friendly plant that actually grows more vigorously than corn and yet requires less water and fertilizer, making it a very sustainable crop.


Find out if it's Legal in Your Area

Hemp cultivation is now legal in 36 states, at least to varying degrees. A large portion of the American population still has mixed feelings on the topic, resulting in a number of significant challenges yet to overcome for anyone interesting in farming hemp for profit.

Because regulations remain so tight, it's important to make sure it's legal in your area to cultivate hemp as a crop.


The Ideal Growing Conditions

You'll also need to make sure that your area offers ideal growing conditions for this specific plant. Keep in mind that hemp grows best in well-drained soils that are rich in organic matter. The key is to keep the soil irrigated and to plant following the last frost of the season.


Common Obstacles to Growing Hemp

To make a living from farming hemp, you're going to need a lot of land. In fact, you should expect to need a minimum of 50 acres in order to produce enough of the crop to be profitable. 

You're also going to encounter a ton of red tape. This is just a reality of the industry, and you'd better operate by the book in order to avoid potential legal problems.


Finding Suitable Seed

Find good hemp seed isn't easy. Thus you'll need to locate a source for quality seed that can provide the supply that you need on a consistent and reliable basis.


The Financial Realities of Hemp Farming

Farming is expensive. This is especially true when becoming a hemp farmer. You'll need to create a solid business plan so that you can attract startup funding from potential investors. A good cannabis banking institution can provide the information you need to get started.


A Guide to Growing Hemp for CBD

Being an entrepreneur isn't easy. Especially when it comes to the cannabis industry. Fortunately, this guide to growing hemp for CBD can help make the farming process a bit less stressful.

Keep scrolling to discover more great tips and advice for small businesses. Visit the Startups section of our business blog right now for more advice on starting a CBD, cannabis, or farming company among other business models!

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