Industrial hemp is a multipurpose crop that can be very profitable for producers. Over the past two years, the enthusiasm of New York state farmers for growing hemp has increased dramatically, with over 140 licensed growers. The market potential for industrial hemp in New York is expected to increase to $2 billion in 2020.
With such tremendous potential for a successful industrial hemp industry in New York state, Cornell AgriTech researchers are contributing science-based knowledge about growing, harvesting and processing hemp in order to drive economic development.
Specifically, researchers at Cornell AgriTech support the New York hemp industry by:
- Researching the most viable commercially available hemp varieties to grow
- Fostering the development of new cultivars that will achieve the greatest success
- Working to overcome barriers related to seed issues, diseases and insect pests
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