The Economics of Hemp



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Join Mandi Kerr and Tyler Mark, on thus episode of Moving ^HEMP Forward.

Tyler Mark is an associate professor of production economics in the Department of Agricultural Economics at the University of Kentucky, United States. His applied research interests include hemp economics, broadband availability in rural areas, precision agriculture, and precision dairy. Current projects include the economic impact of hemp production, hemp cost of production, factors that impact the profitability of Kentucky farmers, broadband internet’s impact on precision agriculture data transmission, and the development of the Kentucky economy.

For this morning, they’ll talk about:
1. Hemp Economics
2. Hemp Supply Chains
3. Ongoing and Upcoming Hemp Projects,
4. Hemp demand and Supply

2:23 – Introduction
4:11 – What drives Tyler
8:06 – Tyler’s Findings
11:55 – Economic Opportunities Around Hemp
15:48 – Studies and Projects
17:32 – Consumer Interest
24:30 – Regulatory Frameworks
29:10 – Feasibility Studies
33:46 – Lifecycle Analysis
35:39 – Grants for Hemp Variety Trials
40:59 – Suggestions to Small Company Offerings
45:17 – CBD is a Drug
51:25 – Opportunities in the Energy Sector
54:52 – Supply and Demand
1:01:01 – How to reach Tyler
1:01:38 – Special Announcement
1:02:16 – End of Conversation

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