Growing Hemp For Profit

This is Huntin’ Land, the podcast for landowners and land hunters; with how-to’s for habitat management and land investment. If you own, manage, or dream of owning land, this is the podcast for you. On this episode, we’re talking with Patrick Moody and Hassey Brooks who are both Deputy Commissioners for the Alabama Department of Agriculture & Industries. Patrick and Hassey will walk us through the hot topic of industrial hemp farming and growing hemp for profit. Is it legal to grow hemp? If so, what is the hemp farming profit per acre? We’ll answer these questions and many more below on this episode.

Some of the questions We’ll Cover this Week Discussing Growing Hemp For Profit 

What is industrial hemp, what is it good for, and how is it used?

Difference in hemp and pot. Can hemp get you high?

When and why was hemp made legal?

Is it legal to grow hemp in Alabama?

How many growers are there and how many acres were planted this year?

How do you grow hemp and how long does it take?

Is hemp legal in Florida, Georgia, Mississippi, Tennessee? 

How to grow hemp for profit legally and how to become a hemp farmer?

What permitting must a producer go through? 

When and how can they apply? 

Is the Southern climate favorable for growing hemp?

What is the planting and harvest cycle? 

How do you harvest hemp?

Is there any retooling a farmer will need to do to get setup to grow hemp for profit?

How much can you make per acre of hemp? What is an acre of hemp worth? 

How does that compare to other fibers like cotton or pine plantation?

Where to sell industrial hemp?

How many processors are there? 

Where is hemp processed in Alabama? 

How is the market expected to respond to increased production?

Is growing hemp profitable? What are some of the challenges? How might this affect timber production, cotton production? What is the hemp farming profit per acre?

Growing Hemp for Profit

What lessons can we learn from the first year of production?

Is hemp the panacea some make it out to be?

Will growing hemp for profit take a number of years or is there a stable market ready now?

This week’s show has been brought to you by Joe Baya and Clint Flowers, members of the top producing team at National Land Realty, the fastest growing and most innovative land brokerage in the nation. With hunting season right around the corner and interest rates at historic lows, now is a great time to buy or sell Land. If you want to learn more, shoot us an email at pros@landhuntin.com or call us at 855-NLR-LAND.

Important Links:

Alabama Department of Agriculture & Industries Website

Facebook @alabama.agriculture

Twitter @alaagriculture

Joe Baya

Joe Baya is a USCG licensed captain and avid hunter. He is the Publisher and Editor-in Chief for Great Days Outdoors and co-hosts the Northwest Florida Fishing Report as well as the Huntin' Land Podcast. Additionally, he is a Land Sales Professional licensed in Florida and Alabama. He has spent over 900 days on saltwater in his life, and in that time he has learned that his wife can out fish him any day of the week.