IncSmart New Mexico (Small Business and Startups) -
Hemp farming in New Mexico is setting a new era for agriculture in the state as the cannabis industry is emerging. It does not come without excessive rules and regulations however with licensing, testing for THC levels, and inspections. Government officials are saying it will be a boost for the state of New Mexico. Crops will be destroyed if the do not meet the New Mexico agriculture rules. New Mexico is joining the states of Kentucky, Oregon, Montana and Colorado as hemp producers to compete in the billion dollar industry.
Industrial Hemp is an alternative for New Mexico farmers. Gives them a choice to move from water intensive crops. Hemp and marijuana are the same species of plant, but hemp has very low amounts of THC, the substance that gives marijuana users a buzz. Hemp has many uses. From textiles like rope and clothing, to consumer goods such as cooking oil, milk, soaps and lotions. Hemp has been strictly controlled as a drug enforcement laws.
By IncSmart Staff Writer
Starting a Business in New Mexico
For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form New Mexico Corporations and New Mexico Limited Liability Companies. When you call, email, text, message or live chat with our office, expect personal attention. Small business is the heart of IncSmart.
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