Missouri Farmers Welcome Launch of Hemp Crop

Bryan Kurz, a Missouri farmer, didn’t know what he was getting himself into when he grew small amounts of hemp for research last year under the state’s hemp pilot program. Now, he receives several calls a day from farmers eager to join the hemp bandwagon. “I can’t even tell you how many people I talk to each day,” he says. “I bet I get five calls a day minimum.”

There has been significant interest in hemp across the country, especially after the 2018 Farm Bill legalized industrial hemp. Under the legislation, farmers could grow and sell hemp under state and tribal programs, provided it contained less than 0.3% THC (delta-9 tetrahydrocannabinol). THC is the chemical that gives marijuana its infamous psychoactive high.

The crop is insanely versatile, and according to a 2017 report by Congressional researchers, it can be turned into more than 25,000 products in nine industries including textiles, furniture manufacturing, construction materials and paper.

On top of that, it produces over 100 cannabinoids, chemicals unique to the cannabis plant, such as THC and cannabidiol (CBD). Unlike THC, cannabidiol isn’t psychoactive, but it has been touted for its medicinal properties. According to anecdotal evidence, it is effective against a variety of ailments ranging from anxiety and chronic pain to high blood pressure. Experts estimate the market for CBD will be worth $20 billion by 2024.

Richard Oswald, Director of the Missouri Farmers Union says any new crop that can help farmers diversify is a good thing.

Kurtz and his wife learned about hemp 2 years ago at a farmers’ association meeting, and he was immediately fascinated by the versatile cash crop. He says that most of the calls he has fielded have been from farmers who grow crops organically and farmers with smaller family farms.

“It’s not that the bigger farms aren’t interested, but they say ‘call me when it’s more developed.’ The younger and smaller farmers, they’re penny-pinching, they’re looking at what is working and what isn’t, they’re going to be the first to jump in it because they see the opportunity.”

He does caution farmers against going in without due diligence, advising them to enter the industry at a slower pace and lock-in buyers before planting any seeds. “My recommendation is basically control your risk by already having the product, find a buyer and work backwards from there. You want the product to be sold before it is ever planted,” he says.

According to hemp experts, the advice to get a buyer before planting any hemp seed in the ground is sound advice that even companies like No Borders Inc. (OTC: NBDR) would gladly give any prospective farmer.

About PsychedelicNewsWire

PsychedelicNewsWire (PNW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing PsychedelicNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. PNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. PsychedelicNewsWire (PNW) is where HEMP news, content and information converge.

To receive instant SMS alerts, text HEMPWIRE to 888-902-4192 (U.S. Mobile Phones Only)

For more information please visit https://www.psychedelicnewswire.com

Please see full terms of use and disclaimers on the PsychedelicNewsWire website applicable to all content provided by PNW, wherever published or re-published: https://www.psychedelicnewswire.com/Disclaimer

Do you have a questions or are you interested in working with PNW? Ask our Editor

PsychedelicNewsWire (PNW)
San Francisco, California
415.949.5050 Office

PsychedelicNewsWire is part of the InvestorBrandNetwork.


Select A Month

PsychedelicNewsWire Currently Accepts



Bitcoin Cash

Bitcoin Cash

Doge Coin






USD Coin

USD Coin

Contact us: 415.949.5050