It's ridiculously overregulated, that's the biggest problem. They want us to report to the Colorado Dept. of Agriculture (who then reports to the USDA) AND the Farm Service Agency, on top of compliance testing and everything else, it's no wonder so many hemp farmers did 1 season and quit. I'm having a hard time justifying doing another season, myself, but I don't give up on anything that easily 🤠Yeah the hemp thing seems sketchy. Lots of pitfalls for sure. 1diesel1 had a tough time too up in Oregon.
Seems like a tough way to make a living.
But yeah I wouldn't recommend industrial hemp farming to anyone unless they already know what they're getting into. I know a lot of folks who've invested tens of thousands of dollars into a grow just to lose everything, let alone break even, or even make a profit.
I still believe it's possible for mom and pop type farms to be profitable and successful, but it's certainly not easy, and won't be long before the only hemp producers are the huge multi-million dollar corporations. I think they're going to have to change their regulations a little bit before that happens, though.
As it stands, the US is setting itself up for failure by overregulating and demanding a ridiculously low THC content. Even if they raised it to %1 you still couldn't catch a buzz even if you smoked a whole pound of it in one setting..
But yeah, I have hopes and dreams 🤣