When will American hemp farmers awaken to the threat of their industry being taken over by Canadian cannabis giants like Canopy Growth? Why would small American farmers who cultivated hemp very successfully on their own in the 18th and 19 Centuries, suddenly need Canadians running the show?
After all, Kentucky and Tennessee farmers competed against Canada during the Golden Age of Hemp, when hemp was used in thousands of applications, including the all-important manufacture of sails and rope, upon which international travel and trade hung like a thread.
The Canadian Threat to American Hemp Farmers
Canopy Growth, after obtaining a permit to cultivate hemp in New York state in early 2019, soon bought AgriNextUSA, an American company that plans to develop “industrial hemp farms” that will, in New York and other states. They plant to cultivate hemp and either extract CBD hemp oil, or make it into full spectrum hemp oil. That makes AgriNextUSA the first big sell-out to the Canadian invaders. The first Benedict Arnolds of American hemp. All they are doing is expediting the death of the
family farms where most hemp will be grown in the United States.
And Canopy Chairman Bruce Linton has already announced plans to invest between $100 million and $150 million in US hemp farming, and possibly up to $500 million. Will the small American hemp farmer allow Canopy to buy them out so cheaply?
The Hemp Wars Heat Up
Canopy Growth, like other Canadian cannabis giants, and now even the new kid on the block, Village Farms, is drooling over the prospect of dominating the American hemp industry. And eventually, the entire American cannabis industry. Tilray CEO Brendan Kennedy’s statement in the company’s Q4 conference call that “the United States and European markets are orders of magnitude larger than Canada” spells it out for Americans who remain unaware of the Canadian’s plot to take over the US cannabis industry.
But no matter how many industrial hemp farms are built by Canadians rather than by US hemp farmers or US cannabis companies, the Canadians cannot buy enough land to fulfill their evil plan. They can succeed only by contracting with small US farmers to buy their crops, which keeps them the hemp — and money — out of the hands of US cannabis companies.
How long will it take for the thousands of US hemp farmers, many entering the market for the first time, to see the big picture and decide to boycott hemp sales to Canadian companies? Because that’s all it will take to turn the Canadian giants into small potatoes in the global cannabis industry of the future. And the future is a lot closer than it looks.
How US Hemp Farmers can Fight Foreign Invaders
Who will organize the small US hemp farmers into regional collectives that could become national organizations fighting for the rights of Americans to grow hemp, and eventually legal marijuana, without interference from a gang of Canadian companies that have already proven their ineptitude at managing the legal marijuana industry of their own little country?
When that group, and the right individuals, appear on the cannabis scene, then the next big battle in the Hemp Wars will erupt and be fought in the hemp fields of small farmers across the United States.