The Connecticut Department of Agriculture has already issued 67 hemp cultivation licenses for the state’s Hemp Research Pilot Program. Connecticut farmers appear to be excited about the new crop opportunity. It’s expensive to get started since seeds can cost upwards of $1 each for farmers.
Farmers are choosing the crop for multiple reasons – some for its CBD value and others for its industrial applications, NBC Connecticut reported.
One farmer, Dylan Williams, plans to plant 4,000 seeds per acre. This should yield between 1,000 and 1,500 dry bio mass pounds for CBD extraction purposes.
Williams said, “The value for something like that can be 30 to 40 thousand dollars an acre.”
The state’s hemp industry is just getting started. More applications are expected to be submitted as the first harvests take place.