Hemp farmers are making a killing on the CBD industry says CNN MONEY
by GREEN GROW FARMS
"The farm, which is located in Erie, Colorado, has dedicated 150 acres to growing hemp so far -- and it's still planting. "We're now expanding it to 1,000 acres," said McKenzie Mann, Blue Forest's production manager.
About 500 acres will come from land previously used to grow kale and squash." -CNN MONEY
Blue Forest is selling hemp grow for CBD at $35-$40 per pound. Kale is only $1 per pound.
"Hemp Depot charges $35 to $40 for a pound of the high-end hemp it sells for CBD products. Last year, the business sold about 25,000 pounds of hemp, helping the farm log a total of $10 million in sales. This year, he expects to sell 350,000 pounds with total sales crossing $50 million. Rodosevich said the goal for next year is to sell 2 million pounds." - CNN MONEY