If we decide to go to Puerto Rico, here’s recent

If we decide to go to Puerto Rico, here’s recent info. The USDA also approved a production plan for Puerto Rico, the second U.S. territory to be approved after the May approval of the U.S. Virgin Islands hemp plan. Hemp production on the Northern Marianas Island is currently pending legislation as well. Puerto Rico's approved plan states that the island's climate will allow for hemp to be harvested up to three times a year, which would provide the local industry an advantage.

The global industrial hemp market size is expected to reach USD 15.26 billion by 2027, exhibiting a revenue-based CAGR of 15.8% over the forecast period, according to a report published by Grand View Research, Inc. Additionally, according to a new report from Global Market Insights, the Cannabidiol (CBD) Market size exceeded USD 2.8 billion in 2019 and is set to grow at around 52.7% CAGR between 2020 and 2026, with the global market valuation for CBD crossing $89 billion by 2026.

"The new hemp plan approvals in Minnesota, Tennessee, and Puerto Rico will bolster their economies and will surely provide economic opportunities, especially in a place like Puerto Rico where they are projected to produce multiple times a year,"


I am happy that RMHB was identified as a great cbd beverage with great marketable potential on the same line as Coca Cola - We have arrived - Thanks for those posting great information on lastest data about RMHB. Been here almost 5 years and ready for this firecracker to go off very soon !!