Australia’s hemp industry is experiencing a remarkable resurgence, with plantings soaring by 119% from 2023 to 2024, driven by booming demand for sustainable construction materials and nutrient-rich hemp foods.
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New Zealand’s new reforms – which eliminate licensing requirements for hemp cultivation and handling, raise the THC limit to 1%, and permit whole-plant utilization – bring it closer to unlocking the full potential of its hemp sector.
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Zimbabwe is positioned to become a regional hemp leader, thanks to its progressive 1% THC limit, a skilled base of farmers experienced in high-value regulated crops like tobacco, and prime soil and climate conditions.
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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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In 2024, Germany was the second largest producer of hemp in the EU, accounting for 20% of the region’s cultivation area.
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Hemp cultivation in Serbia is regulated by the Law on Psychoactive Controlled Substances. Serbia’s land is very suitable for hemp cultivation with some estimating that hemp was once grown in Serbia on 70,000 hectares.
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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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