Hemp CBD Markets – Business Plan Templates

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.

Mississippi Hemp Industry

Hemp Legalization Hemp cultivation was legalized in Mississippi on June 29, 2020, through Senate Bill 2725 (Mississippi Hemp Cultivation Act). […]

Texas Hemp Industry

Texas is the leading U.S. hemp producer, accounting for 13.6% of planted acreage in 2025. With over 13,850 CBD retail shops, it’s also a major consumer market.

Global Hemp Market

Hemp is rapidly gaining global recognition as a versatile, sustainable crop with applications in building materials, food, personal care, textiles, and medicine. The rising awareness of its benefits and quickly developing regulations are projected to drive a $17 billion market by 2030.

U.S. Hemp CBD Industry, Legalization and Opportunities

Total utilized production value hit $739 million (+64% YoY), driven by a 34% increase in harvested hemp acreage and a rise in value of hemp flower and grain.

Medicare’s CBD Pilot Program

Starting April 1, 2026, eligible Medicare beneficiaries will be able to access hemp-derived CBD products at no cost to themselves through the Substance Access Beneficiary Engagement Initiative established by the Centers for Medicare & Medicaid Services.

Category: Hemp CBD Markets

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