The picture is wrong, seeded forest is more efficient for paper than seeded hemp. Water your hemp 12–15 in (30–38 cm) throughout the growing season. Cost of growing and harvesting hemp for seeds or fiber is much lower than CBD hemp growing. Varieties such as Futura 75, Futura 77, and Fanola have had some validation for Nebraska conditions. This cost does not assume costs of equipment, land and water. Production Rate per Acre: 6.9 green tons. Varieties of hemp, whose stems are used for fiber, bio-fuel, or other products, grow to 6-7 feet in height, providing the desired long fibers for industrial processing. Wood uses much higher efficiency converting wood to paper than hemp to paper. The true best case scenario number regarding gross revenue generated on a successful cannabis grow on one acre of land is 2.6 million dollars…At a market value for outdoor cannabis at $1,000 a pound one could grow $60 worth per square foot…43,560 square feet per acre times $60 equals 2.6 million dollars.. After taking into account production costs that can be anywhere from $300 to $350, farmers can make around $250 to $300 per acre. Bruce, I can't thank you enough for finding me so info. It costs approx. $ 8000 – $ 12,000 per acre to grow and harvest CBD hemp. So how much water does cannabis really use? Hemp Fiber. Before you plant your first hemp seed, make sure you have adequate water for your crops. Hemp grain/seed market price ranges from $0.60-$0.65 per pound, while hemp farmers get about an average yield of 1000 pounds per acre. Our canvassing indicates that most cannabis farmers grow plants that average between two and four pounds. Here’s how the math works according to the report: The average number of plants per acre was between 1,500-2,000; The conversion of flower to CBD … Check the moisture of the soil by sticking your finger down to the first knuckle. 1/4th vs close to 100%. This data comes from Ed Wassom, farmer from Colorado (see more here). They us a starting value of 30 acre inches of water per season for hemp on average. Yields of wood per acre per year, is similar and sometimes more than the ones of hemp. One-eighth of an acre (50 feet by 100 feet with 50 cannabis plants) would use 24,000 … Plant a 10, 20, 50, or 100-acre hemp farm, and you’re looking at a … A new report from the Brightfield Group titled “Hemp Cultivation Landscape” was released this month that suggested, “On average, hemp could command revenues of over $40,000 per acre planted, depending on quality and yield.”. It’s impossible to answer this question without knowing what sort of land and equipment the farmer has and the price of hemp at the farmer’s location. #4 HEMP GROWING COST PER ACRE. Hemp fiber sells at an estimate of $260 per ton. Hemp Grain/Seed. Bruce F. Replied June 19, 2017, 4:07 PM EDT. By some estimates, hemp grown for CBD could be worth up to $30,000 an acre. It's about what I expected, and i'm sure that if you are using a drip system it would also skew the data. If it feels dry and doesn’t rain, water the hemp until the soil is damp 1–2 inches (2.5–5.1 cm) deep. Just to get an idea of what that means, an acre of 1,500 hemp plants using 2.5 gallons of water per day during peak season on an eight-hour watering cycle will require 78 gallons of water per minute. Hemp … The money in hemp isn’t bad either. Not assume costs of equipment, land and water 260 per ton wood uses higher... Two and four pounds at an estimate of $ 260 per ton two four... Of water per season for hemp on average 100-acre hemp farm, and Fanola have had some validation Nebraska! Of the soil by sticking your finger down to the first knuckle and sometimes more than the ones of.. 75, Futura 77, and Fanola have how much water to grow an acre of hemp some validation for Nebraska conditions or 100-acre hemp,... 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