With 2019 behind us, we need to decide what the plan is for 2020. Unfortunately, we do not have 20/20 vision on this. The Hemp industry is uncertain at best. So many factors are uncertain at this time. When you look at the PEST analysis, you would quickly see all factors say that Hemp might not be a good investment. The laws are uncertain at this time. Smokable Hemp bans appear to be in the horizon. The economy is in upheaval due to COVID 19. Socially, Hemp has become more accepted. Hopefully, technology will work in the Hemp industries favor. With easier testing, law enforcement could distinguish hemp from marijuana. Cheaper processing of CBD Oil might help with profit and sales of the oil. All this and still, to plant or not to plant is the question on many Hemp farmers mind.
