In 2023, hemp production in the United States reached a little over 21 thousand acres harvested with a value of $258 million. Hemp is grown for many applications including grain, fiber, and oil.

The grain, fiber, and oil are then turned into consumer products such as cloth, bioplastics, biofuels, food products, and paper.

Hemp production in Canada is more than double the acres of the United States, with over 55 thousand acres of hemp being produced. Like more traditional crops, hemp requires nutrients throughout the growing season to flourish.