There’s no question the 2018 farm bill signed by the President has opened the minds of people in Vermont about the viability of growing a hemp crop for CBD oil, fiber and grain. Even those who typically turn their nose up when the word cannabis or marijuana gets mentioned. For farmers who are used to growing standard crops, and for hobby farmers who grow for fun, there is a new and exciting opportunity for both. Invariably though, they all have a list of questions regarding the hemp farming industry. Below is a list of the top 10 questions we get when someone’s interested in growing their first hemp crop in Vermont.
How much money can I make per acre of hemp?
As you might have guessed, this is the most often asked question regarding Vermont hemp farming. The answer unfortunately isn’t simple. When we purchase hemp from farmers we pay by the CBD% per pound of biomass. A lot of different factors play into the percentage of CBD in each pound and how many pounds per acre are grown. Please contact us via our contact page if you have hemp biomass you would like to sell.
I own some land, can I grow hemp on it?
There are a few important factors one must consider before attempting to grow hemp. The first is the soil. In Addison County and surrounding counties in Vermont there is a lot of clay soil. Hemp does not thrive in clay, therefore we would caution anyone looking to grow hemp on clay soil. Fine, sandy loam is the best option. Another factor to consider is an irrigation source. A deep well, a pond, a river, or a lake are all ideal sources of irrigation. Without one of these sources, there could not be an industrial hemp operation on that land. If an interested party meets the soil and water criteria, then the next steps can be discussed.
How much does it cost to grow hemp?
We calculated from our Vermont hemp farming operation in 2018, that we spent roughly $6k per acre in inputs to grow hemp. This includes verified seed, plastic and drip line irrigation, organic fertilizers, organic pest control, and other smaller ticket items. This does not include the labor cost per acre.
How much labor is involved?
In short….A lot. Depending on how many acres you decide to grow, you’ll need help plowing, laying plastic and irrigation lines, planting seeds/starts, monitoring the plants each day, landscaping around the plants, trimming, watering and checking for fungus and pests. If you decide to harvest your crop on your own, you’ll need many hands to assure you get the crop cut, transported, dried and stored before moisture takes its toll on your plants.
What is the end result of this Vermont hemp?
We grow high CBD% hemp to be extracted for medicinal use. Our CBD is sold to other manufacturers as well as incorporated into a retail product line of Vermont CBD products. Those who have found relief from CBD enjoy getting their CBD from a range of products anywhere from CBD salve to CBD gummies. We use only organic practices when farming or when producing a retail product.