Did you know that Florida has an industrial hemp industry? Hemp is a versatile crop that can be used for a variety of purposes, including textiles, food, paper, construction materials, and more. Here are three crucial things to know about the Florida industrial hemp industry:
It Does Big Business
Florida’s industrial hemp industry is worth an estimated $600 million. The state is home to more than 60 hemp processing and manufacturing facilities, which create products ranging from CBD oil to building materials.
Hemp Was Recently Legalized
In 2018, Florida passed a law legalizing the cultivation and processing of industrial hemp. This has led to a resurgence in the state’s hemp industry, with farmers and businesses alike eager to get involved in this growing market.
It’s a Growing Industry
The Florida industrial hemp industry is still in its early stages but is quickly expanding. In the coming years, we can expect to see even more farmers growing hemp and more businesses creating products from this versatile plant.
The Florida industrial hemp industry is still relatively new, growing quickly, and has excellent potential. In the coming years, we expect to see more farmers growing hemp and businesses creating products from this versatile plant.