HempAmericana Inc (HMPQ)

[Bearlove]

Pennsylvania hemp expansion still coming! HMPQ Rocket Time"



Published February 23, 2018 | By Kristen Nichols

The state set an ambitious goal for increasing hemp production this year by offering more licenses and increasing the acreage farmers can use to develop hemp from 5 acres to 100 acres.

Pennsylvania Gov. Tom Wolf said when he announced the expansion last December that farmers were showing “tremendous enthusiasm” for reviving the crop.

Pennsylvania offered 50 hemp licenses for 2018, up from 30.

The state announced last week that it approved 39 hemp projects for 2018.

Pennsylvania still considers its hemp expansion a success.

Agriculture officials point out that production may increase nearly 30 times, a huge jump, and that state regulators never planned on more than 50 applicants.

“We wanted to make sure the opportunity was there,” said Bonnie McCann, spokeswoman for the Pennsylvania Department of Agriculture.