A 2023 economic impact report on the U.S. cannabinoid industry estimated that Ohio’s hemp-derived cannabinoid market could be worth nearly $75 million with around 8,157 jobs in the industry. It is estimated that there are around 6,000 businesses operating in Ohio’s hemp supply chain.
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With an estimated 4,100 licensed hemp businesses, Georgia is one of the largest state markets for hemp CBD products in the US.
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Wisconsin mainly grows hemp for floral biomass which accounted for 98% of its 2025 harvested acreage. The state also has a robust hemp products market which is estimated to be worth $700 million in economic production.
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Tennessee’s hemp market has started to recover from the market correction, with 335 acres planted and 305 acres harvested in 2025, of which 92% were floral hemp. The state’s annual hemp-derived CBD sales are estimated at $75 – $100 million.
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