If you’ve been paying attention to the airwaves, you might have realized that hemp is being discussed with a lot more frequency. After being outlawed for decades, the crop was removed from the list of controlled substances by the 2018 Farm Bill. The legislation classified cannabis with less than 0.3% THC as industrial hemp, giving farmers in all states and tribes the leeway to grow the crop under state and tribal programs.
And grow hemp they did. During the crop’s first season of legality, American farmers planted 27,424 acres of hemp, and the number has quadrupled to 128,320 acres today. With a market that’s already worth millions of dollars, experts posit...
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