These hemp farmers are making a killing in the CBD industry

These hemp farmers are making a killing in the CBD industry

(CNN) — Blue Forest Farms utilized to develop a huge selection of acres of kale, squash and pumpkins. However it has since switched its focus up to a cash that is different: hemp.

The farm, that will be based in Erie, Colorado, has committed 150 acres to hemp that is growing far — and it is still growing.

“We’re now expanding it to 1,000 acres,” stated McKenzie Mann, Blue Forest’s production manager.

About 500 acres will result from land formerly utilized to cultivate kale and squash.

Farmers over the united states of america have already been rushing into hemp from the time Pres > Farm Bill into legislation in December. The legislation eliminated hemp through the government’s managed medication category, triggering a rise sought after for cannabidiol, or CBD, a chemical that is produced by marijuana and hemp plants.…