Colorado hemp farmers have successfully utilized Formation Ag’s equipment to reduce the cost of hemp production to less than $2,000 per acre.

The best way to mitigate cross pollination is to grow indoors with air filters to protect the plants from uncontrolled pollination. But this is totally unrealistic for large scale operations.

From 2018 to 2019, the number of acres of hemp grown in the U.S. quadrupled. Supply and demand kicked in, and an oversupply of CBD harvested material pushed prices down. Some regions of Colorado saw prices drop as much as 60% between the 2018 and 2019 growing seasons.