Hemp Versus Canola in Canada

Farmers in Alberta, Canada, are choosing to grow industrial hemp over canola. At the current rates, canola brings in about 18 cents per pound versus hemp which is selling at 80 cents per pound in the current market.

A local farmer said he can sell hemp for ...

"Up to $700 an acre, which is one and a half times what canola would be and three or four times what course grains would be."

However, the stigma of hemp is a challenge with the government.

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