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. This cost does not assume costs of equipment, land and water. 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 … By some estimates, hemp grown for CBD could be worth up to $30,000 an acre. 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. Check the moisture of the soil by sticking your finger down to the first knuckle. The money in hemp isn’t bad either. 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. $ 8000 – $ 12,000 per acre to grow and harvest CBD hemp. Hemp fiber sells at an estimate of $260 per ton. Bruce F. Replied June 19, 2017, 4:07 PM EDT. Hemp … 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. Yields of wood per acre per year, is similar and sometimes more than the ones of hemp. Production Rate per Acre: 6.9 green tons. Bruce, I can't thank you enough for finding me so info. 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. 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.”. The picture is wrong, seeded forest is more efficient for paper than seeded hemp. One-eighth of an acre (50 feet by 100 feet with 50 cannabis plants) would use 24,000 … Wood uses much higher efficiency converting wood to paper than hemp to paper. It's about what I expected, and i'm sure that if you are using a drip system it would also skew the data. After taking into account production costs that can be anywhere from $300 to $350, farmers can make around $250 to $300 per acre. Our canvassing indicates that most cannabis farmers grow plants that average between two and four pounds. Hemp Fiber. Water your hemp 12–15 in (30–38 cm) throughout the growing season. It costs approx. So how much water does cannabis really use? #4 HEMP GROWING COST PER ACRE. 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. 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