Since 2014, the nascent hemp industry quickly developed into a profitable and attractive industry for investors. Now, with the boon of the 2018 Farm Bill, hemp businesses and investors alike recognize the industry’s enormous potential, with endless uses for the hemp plant and numerous opportunities for investment.
Notably, hemp is now treated by both federal and many state agencies as a conventional agricultural commodity, akin to corn and wheat. Yet, while many conventional business, investment and due diligence considerations are equally applicable to hemp, the hemp industry often possesses many nuances, uncertainties and additional considerations that many new industries face.
Read the full article at agweb.com