New Jersey recently passed more progressive cannabis laws paving even more opportunities for farmers to join the lucrative industry. With more and more farmers signing up for legal hemp cultivation, it’s important to set yourself up for success. The local and national market may be saturated with farmers trying to join the industry too– take the time to really research this crop and create a plan that’ll give you the competitive advantage. Here are our tips for maximizing profits for growing CBD seed in New Jersey.
How to Maximize Profits When Growing CBD In New Jersey
- Do your research on hemp strains: Hemp is available in countless varieties that have differing terpene content and potential user experience. Choosing hemp strains should be based on your potential buyers, how they fare on your farm, and their cultivation requirements. Each strain will have different needs and result in different outcomes. Make sure you do your research and ask a lot of questions when discussing different strains for your farm.
- Invest in feminized CBD seed: CBD is concentrated in the flowers of female plants. That’s why it’s important to only grow females on your farm. Male plants will significantly affect your CBD rates and pose numerous issues even if there’s only a few in your field. Choosing feminized seed provides an important investment that’ll help you maximize profits. Always work with a seed company that has high feminization guarantees.
- Diversify your products: It may be a good idea to try different strains or maybe even a CBG-dominant option on your farm. Diversification helps you better manage changes in the local market, weather concerns, and changing consumer segments. Diversifying can also help you find which strains grow better on your property.
- Work with an agronomist: Agronomists can be a great opportunity for novice hemp farmers to get the comprehensive support you need. They can provide numerous services for setting up your farm properly, therefore, increasing your profits. These services don’t come cheap so it’s best to use this service only after evaluating the pros and cons for your situation.
Work With New Jersey’s Preferred CBD Seed Company
CBD Seed Co. is honored to be the preferred CBD seed company serving the state of New Jersey. Our team is available for helping you maximize your profits by delivering industry-leading support. For more information regarding tips for improving your hemp cultivation profits, please contact us!