Welcome to “the last bite,” an end-of-week food and ag roundup from the Minnesota Star Tribune. Reach out to business reporter Brooks Johnson at brooks.johnson@startribune.com to share your news and non-intoxicating cannabis questions.
Minnesota hemp farmers might soon get a boost from an unexpected ally: Congress.
The U.S. Senate passed an ag spending bill by wide margins this month, which will deliver $1 million to the University of Minnesota if it passes the House. Half of that grant would support hemp research to develop markets for the crop.
“Minnesota can be a national leader in industrial hemp,” Sen. Amy Klobuchar said during a virtual news conference this week. “But it needs a reliable market.”
Hemp offers incredible benefits both for the land and as a finished product. It’s a nutritionally dense complete protein and sturdy, fast-growing fiber.
The trouble is, only a larger scale will bring down costs and improve consumer adoption. But to get that, buyers have to purchase all those fibers, hemp seeds and oil. To crack those markets, the price needs to be right. So comes the chicken or the egg.
“We need to be growing tens of thousands of acres to be able to make it a viable option,” said Charlie Levine, founder of Hemp Acres in Waconia.
Last year, Minnesota grew just 3,000 acres of hemp.