Report: Hemp Production in West Virginia Nosedives

April 22, 2023 · Ganjapreneur

Cultivation of industrial hemp in the open in West Virginia fell nearly 50% from 2021 to 2022, according to U.S. Department of Agriculture (USDA) data outlined by WBOY. In all, there were 65 acres of hemp planted in the open in the state in 2021; in 2022, that fell to 35 acres.  

The total area of hemp harvested in the state for all purposes also fell from 43 acres in 2021 to 30 acres in 2022, the report says. Hemp grown indoors or otherwise protected by a structure in West Virginia also saw a hit in yearly production, with total growing area falling from 21,371 square feet to 5,967 square feet from 2021 to 2022. 

The production of industrial floral hemp produced nationally also fell from an estimated 18,000 pounds in 2021 to an estimated 6,000 pounds last year – a 66% decrease, according to USDA data. The fall in production led to less crop yield, reduced price per pound, median yield, and total value, the report says. 

Nationwide, the USDA reports that the total open planting area for industrial hemp fell 50% while the value of hemp production fell 70%. The USDA did not offer an explanation for the dramatic decreases. (Full Story)

In category:Hemp
Next Post

USDA Report Shows Major Decline For Hemp Industry In 2022, With Stakeholders Blaming FDA ‘Inaction’ On CBD

The hemp industry took a major plunge in 2022, a new report from the U.S. Department of Agriculture (USDA) shows, and stakeholders say the Food and Drug Administration’s (FDA) refusal to issue regulations for CBD products is largely to blame. USDA’s National…
Read
Previous Post

2 Minutes With ... Holly Teegarden, Founder of Moodporium & Cannamood Apparel

On starting over and pivoting toward passion Holly is on a mission to change the representation of women, particularly over the age of 30, within the cannabis industry. Four years ago, she started Moodporium, a hemp dispensary in Pittsburgh that ships across the…
Read
Random Post

8 expert tips can help marijuana businesses ensure safety

If you find the idea of working with police who once busted marijuana entrepreneurs to be onerous, you’re not alone. But for business owners willing to build understanding and invest in security, the relationship that ensues can be mutually beneficial.…
Read
Random Post

‘Biggest thing, ever’: Marijuana rescheduling recommendation hailed

The disclosure Wednesday that top Biden administration health officials this week officially recommended marijuana be reclassified from a Schedule 1 substance to Schedule 3 – the same category as Tylenol with codeine – was hailed as the biggest development in MJ…
Read
Random Post

Cheap But Getting Cheaper

The cannabis sector started the year strongly, but we pointed to two troubling issues that were concerning us: low trading volume and liquidations of a popular ETF after the first full week. The New Cannabis Ventures Global Cannabis Stock Index rallied more than 10% in January,…
Read
Random Post

Marijuana MSOs expand Florida retail, betting on adult-use legalization

Multistate operators are busy expanding their retail footprints in Florida’s nearly $2 billion medical marijuana market, in some cases betting that adult-use legalization is on the horizon and jostling into position to capitalize on that possibility. But investing in Florida…
Read