I'm a hemp farmer in Southern Oregon. Let me tell you something: First of all, only a fraction of the licensed acreage in this state was actually planted. Secondly, an awful lot of those fields are garbage. Like.... cut your losses and till it back in. I've made the rounds in various locations checking out fields. I've personally viewed several thousand acres of hemp in my part of the state. A huge number of them were planted far too late to get a good yield -- especially with the early fall in Oregon this year. The truly quality product will continue to be in demand and will sell for the best prices. A lot of people went into this endeavor without half enough knowledge, and they will lose in this game, unfortunately. It's a LOT of work and expense to do it well -- and at least in my area, there are very few good fields. Most of them will have minimal yields and many will have a lot of mold. In addition -- from the road -- my partner and I have spotted numerous males in other farmers' fields. That just adds to the low quality product that they will be harvesting. Licensed acres doesn't equal planted acres, and planted acres doesn't equal successfully harvested acres.

How is this surprising? Until processing fiber are more abundant this will the case.

Unfortunately this isn't very surprising. Many farmers jumped into #hemp farming as though it were the golden ticket. But acreage and biomass supply dramatically outpaced production capacity.

500,000 acres being harvested? Do any of these people who write these articles research at all? USDA has already said out of the 250,000 acres that were licensed they are expecting around 125,000 acres to actually be harvested. Simple formula. Of the 100% of farmers who get licenses, 50% of them will actually get in the ground. Of the 100% of the farmers who actually got in the ground, 50% of those will fail...

What is the best source for finding businesses that are processors and or harvesters?

At the moment theirs not enough processing facilities to chew it all up. HEMP INC ticker hemp has the largest processing facility on the continent in North Carolina, I bought up some shares when it bottomed 2 weeks ago at. 01 for the first time in its history with the new law changes they are pumping out products

I'm sure once the market is generated for this there won't be so many problems

This is nothing new the market has been decreasing by 50% every year since it has begun where have y'all been

Hope there are processors out their for the hemp flood. Makes sense that prices would drop with legalization.

The demands still outweighs the production

Looking to get a license next year to grow hemp here in Maine. Could anyone give me some info on companies that would be interested in the hemp?

Makes Hemp inc., the Bruce Perlowin scam, even more deplorable

Why aren’t the associations helping these farmers?

CBD prices need to come down.

Ah yes basic economics

GOOD!!! The government isn't running it with equality anyway!!! I'm SICK of this government and the Privilege it provides

Who isn’t growing hemp

Thats how supply and demand work.

Not if we start replacing all plastic with hemp

No it wont

That's because it is a multifunctional plant. You don't just grow it for CBD. You have to make cloth, paper, building materials. I wish I could grow hemp, because I would use all of it, not just the flowers. Too many stupid people getting into this business

Zac Walker

Anthony we saw this coming.

Cindy Marie

Cuz of hyping snake oil sales man, telling everyone to produce only to process oils and burning the amazing biomass...just greedy old nasty entrepreneur fuks. Not surprising at all...hill billy pioneer brokers pokered too high..

Hey Governor Brad Little - look how far behind the rest of the country we are on our #hemp program. Food, fiber and more - our farmers, economy and citizens are ready. It's time to #LegalizeIdaho 🌱

How much water was used? How much water did all this save? The airplane travel for this progress rules out the progress

All of it, so destructive to all environments

Paul Steyer

Cindy