New York State is committed to being a global leader in industrial hemp. This industry is emerging as a potentially significant agricultural commodity. It is already generating nearly $600 million per year nationally and has the potential to grow several times over in the years to come. Now, we have an incredible chance to leverage some of our best assets — our innovative farmers and businesses, top-notch research institutions, ample land, and access to water — to further cultivate this industry.
Our Industrial Hemp Agricultural Research Pilot Program now has 99 processors registered, 537 growers, and 19 combined growers and processors. Altogether, the program has over 25,000 acres of registered hemp production. In support of the program’s growth, the Department participates in and facilitates conversations among key industry players including farmers, researchers, academic partners, and other state agencies.