3 Likes
3 Likes
I feel for the hemp gang. I mean you really got to be able to sell sand at the beach to in that space.
2 Likes
There were Kentucky farmers who literally made a million bucks off a 40 acre field in 2018 and prior. Those days are not coming back.
I think there are still ways to be profitable with hemp for a small farm, but it involves being as close to vertically integrated as possible. A lot of that is being your own processor and getting your own retail clients.
2 Likes
5 acres
4,000lbs/acre=
20,000lbs
at 13%x 3.50/ppp=
$45.50/lb x 20,000lbs=
$920,000
being at the
right place
at the right time=
Priceless
3 Likes