Animal Feed Might Just Go to Pot -- And That's a Good Thing

Hemp Industries Association- Anyone who follows the hemp market is aware of how prices have collapsed under the weight of too much supply and not enough demand. But what if demand increased not from new recreational pot users and health conscious consumers, but from animal feed providers?

It might be time to look beyond CBD for hemp stocks as the future may instead be at the feed lots.

States that led in hemp acreage in 2019, including Tennessee, Colorado, and Oregon, saw significant declines in 2020. The states that did see growth were either those that had small pilot projects in 2019 or just started their programs in 2020. https://t.co/u4WmzZKuVl pic.twitter.com/GdKIp6i9Fi

— Hemp Industries Association (@thehia) January 5, 2021