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Annual Sales of Hemp Products in United States

Annual Sales of Hemp Products in United States. Hemp – Superior to Corn in Ethanol Production. Assumes 180 bushels per acre average yield (2014) Maximum height of 6-7 feet Grown in 12-inch rows High pesticide and herbicide requirements No guaranteed contracts.

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Annual Sales of Hemp Products in United States

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  1. Annual Sales of Hemp Products in United States

  2. Hemp – Superior to Corn in Ethanol Production • Assumes 180 bushels per acre average yield (2014) • Maximum height of 6-7 feet • Grown in 12-inch rows • High pesticide and herbicide requirements • No guaranteed contracts • Hemp stalk yields average 6-10 tons/acre • Planted densely (35-50 plants per SF) • Height of up to 15 feet • Douple-Quadruple biomass per acre • No pesticide/herbicide requirements • 1/3 water use compared to corn • Only single revenue stream – seeds/flowers separate! Will also compete with other markets requiring pulp…not tied just to ethanol!

  3. Hempseed – Food or Fuel?? • Major component in nutrition and health food markets • Currently monopolized by Canada and European countries • Artificially inflated prices as a result of prohibition • After conversion to oil, ~530 pounds of pressed seed cake will be remaining • High in protein and Omega-3 and -6 • Raw material for organic protein powders and other nutritional supplements • Potential livestock and poultry feeds • Raw oil as potential bio fuel! No refining needed!

  4. Hemp Flowers – Medicinal Cannabinoids! • Current market supplied exclusively by European hemp! • Monopolized market charges nearly $9,000 per pound of CBD (pure), or ~$0.02 per milligram • Retail price is ~$0.05 per milligram (2.5 X)! • “Est. Wholesale” based on a per milligram price of $0.004 per milligram!!!! • Still only represents one potential revenue source from the crop!

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