Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United States
The North Carolina hemp industry has fallen short of its projected success despite its potential economic benefits and opportunities for farmers. The floral hemp sector specifically has been struggling due to excessive production and decreasing prices. The objective of the research was to examine th...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2023-04-01
|
| Series: | Agriculture |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2077-0472/13/4/887 |
| _version_ | 1797606804634468352 |
|---|---|
| author | Obed Quaicoe Fafanyo Asiseh Omoanghe S. Isikhuemhen |
| author_facet | Obed Quaicoe Fafanyo Asiseh Omoanghe S. Isikhuemhen |
| author_sort | Obed Quaicoe |
| collection | DOAJ |
| description | The North Carolina hemp industry has fallen short of its projected success despite its potential economic benefits and opportunities for farmers. The floral hemp sector specifically has been struggling due to excessive production and decreasing prices. The objective of the research was to examine the experiences and obstacles faced by early adopters and stakeholders of the hemp industry in NC. Through structured focus group discussions and interviews, data were collected and analyzed to gain insight into the industry’s direction. The results revealed that many floral hemp farmers have abandoned the crop because of financial setbacks, leading to a reduced interest in cultivation compared to five years prior. The floral hemp industry’s rapid growth and decline have tempered farmers’ expectations of the crop’s potential. The findings will provide a foundation for further research into NC’s hemp production and economy, enabling the provision of necessary information and extension services for profitable hemp farming in the state. |
| first_indexed | 2024-03-11T05:20:15Z |
| format | Article |
| id | doaj.art-c2dc099c17c34e2e8d3aa1c248e66c2c |
| institution | Directory Open Access Journal |
| issn | 2077-0472 |
| language | English |
| last_indexed | 2024-03-11T05:20:15Z |
| publishDate | 2023-04-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Agriculture |
| spelling | doaj.art-c2dc099c17c34e2e8d3aa1c248e66c2c2023-11-17T17:54:55ZengMDPI AGAgriculture2077-04722023-04-0113488710.3390/agriculture13040887Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United StatesObed Quaicoe0Fafanyo Asiseh1Omoanghe S. Isikhuemhen2Department of Agribusiness, Applied Economics and Agriscience Education, College of Agriculture and Environmental Sciences, North Carolina Agricultural and Technical State University, 1601 E. Market St, Greensboro, NC 27411, USADepartment of Economics, College of Business and Economics, North Carolina Agricultural and Technical State University, 1601 E. Market St, Greensboro, NC 27411, USADepartment of Natural Resources and Environmental Design, College of Agriculture and Environmental Sciences, North Carolina Agricultural and Technical State University, 1601 E. Market St, Greensboro, NC 27411, USAThe North Carolina hemp industry has fallen short of its projected success despite its potential economic benefits and opportunities for farmers. The floral hemp sector specifically has been struggling due to excessive production and decreasing prices. The objective of the research was to examine the experiences and obstacles faced by early adopters and stakeholders of the hemp industry in NC. Through structured focus group discussions and interviews, data were collected and analyzed to gain insight into the industry’s direction. The results revealed that many floral hemp farmers have abandoned the crop because of financial setbacks, leading to a reduced interest in cultivation compared to five years prior. The floral hemp industry’s rapid growth and decline have tempered farmers’ expectations of the crop’s potential. The findings will provide a foundation for further research into NC’s hemp production and economy, enabling the provision of necessary information and extension services for profitable hemp farming in the state.https://www.mdpi.com/2077-0472/13/4/887industrial hempqualitative analysiseconomicsmarket structurefocus groupcannabidiol (CBD) |
| spellingShingle | Obed Quaicoe Fafanyo Asiseh Omoanghe S. Isikhuemhen Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United States Agriculture industrial hemp qualitative analysis economics market structure focus group cannabidiol (CBD) |
| title | Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United States |
| title_full | Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United States |
| title_fullStr | Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United States |
| title_full_unstemmed | Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United States |
| title_short | Qualitative Analysis of Industrial Hemp Production, Markets, and Sustainability in North Carolina, United States |
| title_sort | qualitative analysis of industrial hemp production markets and sustainability in north carolina united states |
| topic | industrial hemp qualitative analysis economics market structure focus group cannabidiol (CBD) |
| url | https://www.mdpi.com/2077-0472/13/4/887 |
| work_keys_str_mv | AT obedquaicoe qualitativeanalysisofindustrialhempproductionmarketsandsustainabilityinnorthcarolinaunitedstates AT fafanyoasiseh qualitativeanalysisofindustrialhempproductionmarketsandsustainabilityinnorthcarolinaunitedstates AT omoanghesisikhuemhen qualitativeanalysisofindustrialhempproductionmarketsandsustainabilityinnorthcarolinaunitedstates |