Tag Archive: Arkansas Department of Agricutlure

Hemp bust: High hopes for farmers lead to struggles, few buyers

Hemp bust: High hopes for farmers lead to struggles, few buyers

The once-promising Arkansas hemp industry was booming just a few years ago but things quickly turned to bust. Most farmers have left the industry and many are still holding on to crops harvested years ago as they look for a buyer. After a boom-and-bust cycle, some say the future is still bright and it lies in industrial hemp.

Arkansas hemp farming on the decline

Arkansas hemp farming on the decline

The state’s number of hemp farmers and the amount of hemp harvested has fallen significantly from 2020 levels.