The new year brings a new cash crop to New Jersey after the U.S. Department of Agriculture approved the state’s plan to grow hemp.
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Grown legally, hemp has only small amounts of the compound THC, the active ingredient in marijuana that causes a high. With the quick approval, New Jersey jumps in front of other states, despite the fact that no hemp has been planted in the Garden State under its own pilot program.
The state agriculture department’s website is
Farmers must apply for licenses to grow hemp under the state’s regulations.
note: The plant can be used to make plastics, clothing, food and legal CBD products. Industry analysts predict hemp production could top $22 billion in the coming years. farmers grew some 500,000 acres of hemp nationwide last year.