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What happened to hemp? High interest a few years ago declines statewide

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cannabis field

Ag expo offers ray of hope for crop’s future in Southwest Colorado

The wave of hemp popularity has come crashing down, but there is still potential to catch a smaller wave, according to a presentation last week at the Four States Agricultural Exposition.

“In 2019, when I gave the hemp talk here, this room was packed; now, there are just a few,” Abdel Berrada, a hemp researcher with Mesa Verde Ag Solutions, said Friday.

“What a difference a few years makes. A lot of growers went out of business.”

He said the hemp boom in Colorado turned to bust for many reasons, including inexperienced farmers hoping for a quick profit, a steep learning curve, a high supply that drove down the price and insufficient processing infrastructure.

Original author: Cannabis News

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