REPORT: Hemp Production
As a matter of biology, hemp can be grown in every federal state. Production was centered in the tobacco growing states of Kentucky and Tennessee and the marijuana growing state of Colorado.
Hemp production is characterized by segmentation, with different strains of hemp not lending themselves easily to substitution across uses.
There are three main verticals for hemp, organized roughly in ascending order by value of end products:
(i) Seed: Hemp seeds can be consumed by humans whole or can be hulled to expose the seed meat, where the crunchy outer shell removed is removed. Cold-pressed, unrefined hemp oil is light green, with a nutty grassy flavor. After the hemp seed has been crushed for oil, the remaining product contains 25% protein and is a good source of dietary fiber.
(ii) Fibrous stalks: The stalk is separated between the fiber and the inner woody-like hurd.
(iii) CBD Whole Plant Extract: Whole plant hemp oil is a mixture of fatty acids, plant sterols, Vitamin E
and phyto-cannabinoids including CBD.