This paper explores the viability of the modern American hemp market following the 2018 Farm Bill which made it legal to grow hemp on a large scale in the United States for the first time since the late 1930’s. Looking to the future it will now be possible for farmers to get production licenses, get loans to grow hemp, and to acquire crop insurance. This begins a new era for a plant with a long and politicized history in this country.
It does so by examining the roadblocks and opportunities in the current American hemp
market through interviews with stakeholders in the industry.