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Myth #9: “If I grow it someone will buy it.”

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.

Myth #8: “Food safety isn’t a big deal”

Just because the FDA doesn’t have much regulation on hemp – yet – doesn’t mean that growers and processors are exempt from following quality and food-safe procedures.

Myth #7: “Hemp is pest and disease resistant”

In the first few seasons growers saw few problems with pests. As the hemp footprint increased, more pest impact was detected. European corn bore, yellow army worms, aphids, grasshoppers, and other pests are beginning to damage plants.

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