The United States is growing more than four million acres in hemp for fiber, industrial hemp and industrial woodworking products.
The National Hemp Industries Association reported Wednesday that U.A.E. Hemp, a subsidiary of United States Hemp Industries, is currently the leading producer of hemp fiber, with the state of Ohio, Michigan, Kentucky and Pennsylvania leading the way.
Ohio is leading the U.s. with a record of 1,814,000 acres, followed by Kentucky with 1,000,000 and Pennsylvania with 864,000.
Michigan’s crop is growing at a slightly slower pace of 787,000 plants per year, and Pennsylvania is the only state in the U to produce more than 10,000 hemp plants.
Hemp production in the United States has grown at a more than 25% annual rate since 2009, with a total value of $7.2 billion.
Hemp and Industrial Hemp industries are expected to produce up to 6.2 million acres per year by 2025, with Ohio and Kentucky producing a combined total of 3.5 million acres.
The new state-based crop will bring about $1 billion in annual state income to the state in 2020, according to the industry group.
Habestech is a new sector in the American economy.
It was created in 1967 by a company named United States of America (now United States), and has since become the largest industry in the world.
The industry is expected to grow at a rate of more than 3% annually through 2020, based on projections by the National Hemp and Hemp Industrial Association, according the organization.
The hemp industry is currently growing at 1.8% annually.
The average annual growth rate in the hemp industry has been 0.5% since 2009.