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.
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Hemp Legalization Hemp cultivation was legalized in Mississippi on June 29, 2020, through Senate Bill 2725 (Mississippi Hemp Cultivation Act). […]
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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.
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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.
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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.
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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.
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Key Takeaways Hemp Industry Regulations: The Department of Agriculture now regulates the growing, processing, testing, manufacturing of hemp products, wholesale, […]
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Montana is one of the largest hemp growing states in the U.S., accounting for 5.3% of the 2024 total planted acreage. It is a major hemp fiber producer, contributing around 11-12% of the total U.S. hemp fiber production.
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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.
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Alaska Hemp Legalization In 2018, Alaska Gov. Bill Walker signed into law Senate Bill 6, establishing an industrial hemp pilot […]
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