Article by Treena Hein, Country Guide
There were challenges for early hemp growers — limited markets, combining troubles and complex licensing requirements, but these problems have been reduced or eliminated. And while demand is not unlimited, it’s stable and growing every year. So if you’re looking for a profitable, easy-to-produce crop that’s also a good rotational option, you might want to give hemp a try.
Canadian Hemp Trade Alliance (CHTA) statistics show Canadian hemp harvested area starting at 5,300 acres in 1998 and trending to 144,525 acres in 2020. The CHTA predicts 181,000 this year and more than 341,000 in 2025.