Frequently Asked Questions
General Hemp Questions
Is it legal to grow hemp?
On December 20, 2018 the Agriculture Improvement Act of 2018, or 2018 Farm Bill, was signed into law legalizing hemp and its byproducts (1). This has opened the doors for hemp farming, investing in hemp, and the growth of the support network surrounding the industry. While hemp and its byproducts are legal on a federal level, legislation and restrictions still differ from state to state.
Is growing hemp profitable?
The legalization of hemp through the 2018 Farm Bill has changed the farming landscape. Stories of farmers making $50,000+ an acre are becoming more and more common as the rush to capitalize on hemp and its byproducts grow throughout the United States. Click here to learn more about the profitability of hemp.
What are cannabinoids?
Cannabinoids are the primary chemical compounds produced by the cannabis plant and there are more than 85 identified cannabinoids. Tetrahydrocannabinol (THC) is the most well known cannabinoid produced by the cannabis plant, and is the ONLY psychoactive cannabinoid. Of the 85+ non-psychoactive cannabinoids, Cannabidiol (CBD) is the most widely known.
How has the signing of the 2018 Farm Bill changed the industry?
The 2018 Farm Bill has created an influx of individuals, businesses, and investors that are interested in getting involved in the hemp industry. Farmers across the country, especially in pilot-program states, are experiencing soaring profitability.
I live in _____, can I grow hemp?
Early adopter states such as Colorado, Oregon, Kentucky, Nevada, and North Carolina have set the bar for growing hemp and are creating the necessary supply-chain foundations for the rest of the country to build upon. For a full list of hemp growing regulations state by state, click here.
What is iHEMPx?
iHEMPx was founded by Mike Leago after identifying a gap in the marketplace for connecting farmers, growers, and suppliers within the supply chain. Originally founded as a retail operation, the business quickly grew to meet wholesale demand and now serves as the hemp industry supply chain leader. To learn more, read our blog post: iHEMPX: Your Seed-To-Market Supply Chain Partner.
What services does iHEMPx offer?
From farmers looking to break into the hemp farming market, to existing farms looking for a powerful supply chain partner, iHEMPx is here to be a resource.
How can I get started with iHEMPx?
iHEMPx only works with high performing and reliable partners with proven track records of excellence. Our clients can be confident that their products and consulting needs are handled properly across the supply chain.
Where can I go to sell hemp products?
Wholesale & Partners
How can I partner with iHEMPX?
We are always on the lookout for top-performing hemp supply chain partners. Please contact us via form or by phone to discuss how we can work together.
Where can I buy hemp seeds?
I would like to convert my fields to hemp, how do I get started?
iHEMPx would love to talk with you about converting your fields to hemp. Simply fill out our consultation contact form found here to get started.
Still have questions?