As the Medicinal Cannabis industry grows, the race for buying land increases. At present European countries and Canada are the largest growers of industrial hemp. The USA at present is far behind other countries, due to government regulation and DEA enforcement, state to state. Because the regulation and restrictions in an industry that has been left on the back burner for the past 50 years Hemp is evolving and the Medicinal use of the Industrial Hemp plant is changing, regulatory bodies are scrambling in the US to help laws come into effect. This process as you know is a very slow moving drive.
The part of the industry that needs the most attention, is that of the farmer. While farmers are starving to get the the price for the yield on their crops, the regulatory bodies state to state are weary and not rushing into anything to change the industry. This in fact will steer farmers in other directions, hindering the US production to become any world news, if we don’t see the gain to the human race now. The farmer must be the focal point. Farmers should be given incentives to grow Industrial Hemp and the price of this amazing crop contributing to CBD should go up. A farmer who is presently growing this crop can barely survive at a pay scale of $90.00 per acre. This crop should offer an incentive for growing as well, yield a minimum price of $250.00 per acre. I believe that the price will drive beyond $800.00 per acre by 2025.
The US government should make strides to offer large incentives to farmers as the crop becomes more popular for CBD production. The key to the growth of CBD production is the biomechanics and targeting exact relief efforts that steer opiate users to CBD based on their exact needs. Right now is the time to start clinical testing in a very large way, before the Opiate epidemic kills as many people if not more than the tobacco industry has over the past 120 years. If we aren’t responsible with the Opiate problem we will kill billions of people in the next ten years. More and more people in their early 20’s are dying from opiate use. The fentanyl epidemic is completely derailing and should be banned in the United States. Some medical doctors claim that fentanyl is 80 times more potent than Morphine and other elicit drugs that are killing todays youth.
Its time for US leaders to come together, state by state and fight for the american farmer. The time is now!
Atom Miller