The worst case scenario is unfolding for Hemp farmers located in the Carolinas. Hurricane Florence is the strongest storm system to hit the east coast in modern day history. Due to the legal status of hemp, these farmers are faced with a desperate decision regarding their crops. We spoke with North Carolina Hemp farmers to understand severity of the situation.
“We are not ready to harvest yet, however, the industrial hemp commission of NC has given us approval to harvest prior to testing” -Jerry Fuquay Richmond, NC Hemp Farmer
The Department of Agriculture has issued an emergency ruling enabling farmers to pull their crops prior to test results being submitted to the state. Due to delays in the 2018 bill, this ruling is necessary due to the lack of crop insurance for hemp farmers. A horrific scene is unfolding. Harvest your crop two months early, which will decrease your total biomass yield and the CBD potency of the crop, or face a total loss.
“Us farmers took a chance.” – Shane McCormick, NC Hemp Farmer
That sinking feeling in your gut? Many farmers were prepared to make 5X-10X more on their Hemp lot than a comparable ag crop. This gamble seemed like a big win, but farmers are now faced with the reality that their hemp is uninsurable as Florence rumbles towards the mainland. Many farmers are in damage control. Stuck between the decision to harvest an almost worthless crop, versus leaving fields destined to be torn apart by fierce winds, and drowned by torrential rain and heavy flooding.