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Veteran Advisor
Posts: 1,445
Registered: ‎10-18-2016
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Re: HEMP FARMING ACT OF 2018

I am personally leery of niche markets.  I've seen too many cases where the company buying can tighten or relax standards depending on how bad they want the product.  This is even with a contract.

 

I'm not saying don't do it, I'm saying I'd be skeptical and would want to check it out in all regards.

 

What happens if the market gets flooded and you can't get rid of your hemp?  You can usually sell corn even if it's at a loss, but can you sell hemp if there is no buyer?