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US hemp production grows 40% in 2024, reaching $445M in value

Added on 07 May 2025

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US hemp production grows 40% in 2024, reaching $445M in value
Photo by Weedzard Cannabis Light on Unsplash

U.S. hemp production surged in 2024, according to a recent report released by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS).

The annual value of U.S. industrial hemp production grew to $445 million in 2024, representing a 40% increase from the previous year.

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