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US hemp plantings plummet in 2022 as production shifts to northern states

Hemp plantings in the United States were nearly cut in half in 2022, with 28,400 acres dedicated to growing the plant – slightly more than the acreage set aside for Christmas trees.

Put another way, at 44.4 square miles, outdoor and indoor hemp cultivation in the U.S. would fit almost entirely on Hilton Head Island, the beach and golf resort area off the coast of South Carolina.

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Or, for Mickey Mouse fans, most of the nation’s hemp could be grown on the 43 square miles of Walt Disney World in Orlando, Florida.

Last year’s plantings represent a 48% decline in acreage from 2021, when U.S. farmers planted 54,500 acres of indoor and outdoor hemp.

Hemp production has been declining because of a lack of clarity from the federal government on the regulation and use of hemp products – particularly those containing CBD and other hemp-derived cannabinoids.

Read full article on Marijuana Business Daily

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