Tuesday, December 11, 2018 8:40:43 AM
From Delta Farm Press I found the following:
We typically see about a pound per plant and there are anywhere from 1,200 to 1,500 plants per acre. So, that means anywhere from $35,000 to $50,000 per acre.
https://www.deltafarmpress.com/crops/how-might-industrial-hemp-fit-your-operation
I assume that is revenue from the "raw" (unprocessed) hemp plant.
Here is another estimate from the Journal-Advocate:
Seleznov said the 2018 crop should produce about 10 percent CBD content, and should bring about $25 to $35 per pound. With a yield of about one pound per plant and up to 2,500 plants per acre, that's around $60,000 per acre. That's why about 14,000 acres of Colorado farmland are registered to grow industrial hemp, although most of those acres won't actually be in production for awhile.
http://www.journal-advocate.com/sterling-local_news/ci_31699721/hemp-can-be-lucrative-but-there-are-drawbacks
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