Hemp CBD Market – Business Plan Templates

Wisconsin Hemp Industry

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.

Updated: June 8, 2026

Tennessee Hemp Industry

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.

Updated: June 1, 2026

Minnesota Hemp Industry

Minnesota’s consumable hemp product market (valued at around $200 million as of 2025) is greatly driven by the booming hemp beverage market which alone is estimated to be worth $100 million.

Updated: May 26, 2026

North Carolina Hemp Industry

North Carolina is one of the largest producers of indoor floral hemp, accounting for 17.7% of total US production in 2025. The state is also a major market for hemp products with an estimated 12,000-14,000 retail stores selling hemp-derived products.

Updated: May 20, 2026

UK Hemp CBD Industry

With nearly one-in-ten adults having used CBD, UK is one of the largest CBD markets in the world, its value estimated at £386 million in 2025 and projected to reach £2.3 billion by 2030. This is driven by growing public interest, with CBD-based snacks, supplements and skincare products catching the attention of health-conscious consumers.

Updated: May 20, 2026

New York Hemp Industry

In 2025, the acreage of hemp planted held stead at 150 acres while harvested acreage improved to 130 acres, reflecting a yield rate of around 87%. New York hemp farmers mainly grow it for flower and the state’s farm-gate floral hemp production was valued at nearly $13.4 million in 2025.

Updated: May 10, 2026