Hemp cultivation success depends on genetics, seeds or clones, soil and weather condition. Success also depends on the sale and processing of the harvest.
Hemp features several uses due to the presence of THC in a negligible amount. Grown for cbd, hemp plants are 1000 to 1600 per acre and tended as separate plant. Hemp grown for mass markets products like textiles or bioplastics average 400,000 plants per acre drilled in like wheat.
The business aspect of hemp cultivation entails licensing, regulations, proper machinery, employee training and management, quality control, testing, record keeping, processing, sales and transportation.
Hemp Cultivation: Beyond the Grow is taught by established hemp farmers with years of experience and real world knowledge.
Their expertise will eliminate the “learning curve” enabling you to open sooner. Their “real world knowledge” will help you avoid costly mis-steps.
Members & Mentors Hemp Business Forum provides continual support to everyone who downloaded the courses. Mentoring from established experts is invaluable and provides immediate solutions. Business questions and concerns will be addressed within the forum by course instructors.
The online hemp and cbd business forum gives entrepreneurs the opportunity to connect with other startups for both support and resources.
Business course does not cover business plans, corporate structure, or individual state licensing requirements. Links to that information are available on the Business Resource Page.
In 2018, the global hemp market reached $3.74 billion in retail sales, with an annual growth rate of 15%.
Growth in 2019 and 2020 should be driven by the 2018 Farm Bill in the U.S., Epidiolex sales in the U.S. and Europe, Canadian entry to the international hemp market, and the Chinese hemp-CBD nutraceutical and supplement market.
By 2020, off a 4-year CAGR of 20%, the global market projects to $5.73 billion. New Frontier Data