With the passage of the 2018 Farm Bill last year, the United States gave the green light for farmers to begin cultivating hemp by removing it from the list of Schedule I Controlled Substances. Hemp has been grown for hundreds of years all over the world due to its versatility as a textile and for its health benefits, but because of its similarity to marijuana, hemp was made illegal in 1937 under provisions in the Marihuana Tax Act. The 2018 Farm Bill allows hemp to be treated as the agricultural commodity it has always been.
Hemp can be grown and used for the following nine submarkets according to experts: Agriculture, construction materials, automotive, furniture, paper, recycling and textiles, personal care as well as food and beverages. More recently there is a growing interest in cultivating hemp for CBD oil as well as for seeds for consumption.
Hemp has traditionally been grown outdoors in fields to be cultivated and harvested in mass quantities for textile and other industrial uses, but those interested in cultivating hemp for the purposes of producing CBD and for health products are seeing the benefits of growing hemp in greenhouses.