How much can you make per acre of hemp?

Like I mentioned on the question regarding the value of a pound of high-CBD hemp… you can make whatever someone is willing to pay. It sounds like a copout, but that’s the truth, at least right now. There’s not a standard in the way there is with livestock prices–there’s no report listing generals. The end-product for your crop also determines how valuable it is–smokable floral matter being the most lucrative (it sells for like $20 a gram online!), processing for oil is next, with hemp for fiber being the least-lucrative. That said, the work necessary also kind of follows that scale, as well–as a grower you’d give extra care and attention for floral or oil, where it would not be as pertinent for plants for fiber. I have seen reputable sources report that one can expect a $200-300 profit per acre (this is for grain), some places say the average is $500. There are even buyers who indicate tens of thousands. The figures we were presented showed that you could expect to make $50 per plant from the floral matter, with about 1400 plants to the acre… so 70,000. After this past growing season, though, many buyers left the growers holding the bag and the broken contracts, so I guess time will tell moving forward.