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Michigan launches industrial hemp farming program


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Good move but, anybody who may want to get in on this had better pony up quick.  My guess is the licensing will get restrictive quick and outrageously expensive just before big Corp gets involved and the government lets them run everyone out of business.  Possible 5 year window to get rich....or go broke.

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1 hour ago, Zambroski said:

Good move but, anybody who may want to get in on this had better pony up quick.  My guess is the licensing will get restrictive quick and outrageously expensive just before big Corp gets involved and the government lets them run everyone out of business.  Possible 5 year window to get rich....or go broke.

Hemp. Nobody is going to get rich.

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3 hours ago, DUMPY said:

Nah. Guys have been growing it here for 20 years. It’s nothing special

Because pretty much no one is making anything out of it yet. 

CBD is just the beginning. We'll have hemp based building products, plastics, home heating fuel, maybe transportation fuel and all sorts of things that you haven't even thought about. 

It's a long term threat to the timber and fossil fuel industry for sure, but people will likely never stop using wood and fossil fuels entirely anytime soon. 

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13 minutes ago, motonoggin said:

Because pretty much no one is making anything out of it yet. 

CBD is just the beginning. We'll have hemp based building products, plastics, home heating fuel, maybe transportation fuel and all sorts of things that you haven't even thought about. 

It's a long term threat to the timber and fossil fuel industry for sure, but people will likely never stop using wood and fossil fuels entirely anytime soon. 

Almost none of that is going to happen. It was a stoners dream but

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Here they're targeting the Amish because of the amount of hand labor, comparable to raising tobacco.  I think our permits are 1800 but you can use it yourself or have it split three ways. 

One add this winter was for purchasing plants and growing them for a specific end user.  Cost was $12/plant and seeding rate needed to be 12-1600 plants/acre.  Harvest potential was up to $40/plant.  So far no word yet of any end user facilities anywhere near here though.  

I'm thinking this is going to be a middle man govt' grant money grab till it's all said and done, but we'll see.

Edited by hayward
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