Hemp CBD Markets – Business Plan Templates

Oklahoma Hemp Industry

Oklahoma was one of the top ten states with largest planted hemp acreages in the U.S. in 2025. It planted 3,000 acres and harvested 2,600 acres, all of which were grown for fiber.

California Hemp Industry

Key Takeaways Hemp Industry Regulations: The hemp industry in California is regulated by the California Department of Food and Agriculture […]

Illinois’ hemp farmers planted 730 acres in 2025 and greatly improved their yield by harvesting 580 acres – nearly 80% of the planted acres. According to the 2023 National Cannabinoid Report by Whitney Economics, Illinois is one of the top 10 sources of supply of hemp in the U.S.

Florida Hemp Industry

Florida is a major supplier in the U.S. supply chain with manufacturers, wholesalers, and distributors across 45 sates identifying it as their primary origin of hemp-based products. Its total addressable market demand is estimated at $5 billion.

Ohio Hemp Industry

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.

Georgia Hemp Industry

With an estimated 4,100 licensed hemp businesses, Georgia is one of the largest state markets for hemp CBD products in the US.

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.

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.

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.

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.

Category: Hemp CBD Markets

Categories

Our Templates