How much money do you need to start a hemp farm? New 2024 Hemp Farm Business Plan | |
One-time initial costs include land clearing, fencing, installation of an irrigation system, tractor, planting equipment including transplanter, about $200,000 for 10 acres or about $35,000 per acre for full investment. If you decide to buy used equipment, the full investment to cover all costs until the positive cash flow, will be around $10,000-$15,000 per acre. We offer '70% ready to go' professional Hemp Farm Business Plan Template for Word with Excel financial model and PowerPoint pitch deck. | |
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