Industrial hemp has long been prized as one of the simplest crops to plant, grow and process. Now, thanks to a significant investment from New York State, and to partnerships with New York’s top research institutions and universities, the crop is returning to New York fields with the potential to grow both research and economic opportunity for farmers and businesses.
In July of this year, Governor Cuomo signed legislation that redefined and clarified industrial hemp as an agricultural commodity in New York State. Up to $10 million dollars in grant funding available through two initiatives will aid farmers, researchers and processors embarking on industrial hemp cultivation. The Governor has also established a working group to advise the state and support and guide the industry as it expands.
