Victory Hemps very own CEO Chad Rosen was recently featured in the Agri Investor Magazine, Jan. 2020 article Hemp Q&A: Promise, peril and uncertainty define market’s early life.
"The hemp market will have to rely on venture capital to scale up in the short term" he's quoted as saying, but it could be part of US institutional farmland crop rotation by 2023.
Promising initial returns in industrial hemp have moderated as expected and significant regulatory uncertainties remain, but progress towards integration into US agriculture continues.
In late December, for example, the US Department of Agriculture approved industrial hemp licensing plans for Louisiana, Ohio and New Jersey.
In the article, Chad Rosen, founder and chief executive of Victory Hemp Foods, spoke to Agri Investor about the hemp market in the Bluegrass State, his view on the relationship between cannabis and hemp investors, and the role of US institutional farmland managers, who he says are likely to incorporate hemp into crop rotations in the not-too-distant future.