America's Cash Crop
by Patrick B. Digital Marketing SEO Advertising Social MediaWe all see the phrases; “in today’s economy”, “our new normal”,
etc. But what does that mean? Many news outlets are talking about its effect on
small businesses across the country, and
the changing habits of buyers, employees, and employers. Many industries are affected
in one way or another. But how has the “post-Covid” economy effected farming?
I feel there is a great opportunity for farmers to cash in
on the most profitable crop in America today; hemp. Of course, it is not the
end-all be-all as diversification is important, but having a high-yield crop is
nothing to scoff at. The CBD industry is growing and expanding across the US.
Many markets are completely opening to more CBD products, which is where the
dominate force exists in the hemp space today. Having a high-quality harvested
crop that can be converted into very profitable CBD products is where most hemp
farmers are focusing.
Connecting the Dots
What we see is the farmers’ ability to get quality
information about growing hemp. The internet is both a blessing and a curse
because it is difficult to navigate through the webs of information to find
what is real and what is just advertising. Finding a reputable source for CBD hemp seeds is cumbersome. Just a
search for “CBD hemp seeds” will yield thousands of results from every company
under the sun. Davis Hemp Farms out of
Bend, OR is a fantastic resource, so I would start there first.
Its important to dwindle down the list to a few potential
suppliers, then do your research about those companies through social media as
well as on the search engines. Locate a seed supplier that puts its customers
first and has your best interests in mind. Taking the time to answer your phone
call and discuss your business with you goes a long way in today’s
digital-dominated world. Lets not forget the importance of human to human
interaction and the trust factor.
Once you find the right seed supplier, grow your crop, next
is connecting to a CBD buyer. You will need a buyer lined up to streamline the
process to ensure your harvest was a success. There are many brokers out there
and companies that will help connect you with buyers in your market. I’d
recommend reaching out to a company like KifCure
if you’re in the Midwest region, and they will be able to help you connect the
dots.
The Cash from the Crop
The learning curve to grow hemp can be difficult, but if you
partner with the right companies, you can alleviate some of the pain and let
them educate you. From the proper equipment to the right seeds, you’ll have to
get educated to make hemp farming work for your pocketbook. The cash is there,
and is much more profitable than other traditional crops like soybeans and
corn, based on a per acre rate. CBD is an incredibly diverse market and still
in its infancy, with many of the distribution channels still being built out.
While there are other opportunities for hemp products as a whole, CBD seems to
dominate the space with the most demand and profitability.
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Created on Jul 10th 2020 14:48. Viewed 410 times.