Cannabis Could be a Huge Boon for North Carolina’s Agricultural and Industrial Sectors

Before we get into this call to action, have you seen HB 290 - Make Certain Drug Offenses Infractions? If your Representative cosponsored this bill, please call or email your thanks!

Please copy, paste, and email the following information to NC General Assembly leaders (individual email to each is best; but please at least bcc all)

Dear Senator or Representative: (insert name)

I hope that you will consider using your influence as a General Assembly leader to continue the cannabis conversation in 2021. Cannabis could be a huge boon for North Carolina’s agricultural and industrial sectors, as attested to by the following references. 

Cannabis is one of the 13 most lucrative crops for small farmers.  SOURCE: GroCycle - 3 thoughts on “Top 13 Most Profitable Crops To Grow   

The cannabis market is predicted to generate global revenues of $146 billion by 2025.

SOURCE: Financial News Media - Cannabis Cultivators Profit from Growing Legal Market

Comparative wholesale prices per pound: Greenhouse Grown Marijuana Flower = $1200, Outdoor Grown Marijuana Flower = $810; Hemp Dried Hemp Flower = $380. SOURCE: Hemp Benchmarks  - US Wholesale Hemp Price Benchmarks  

Using the estimate of $50,000 per acre for hemp and the price of hemp and cannabis indicates the value of cannabis would be approximately $77,000 per acre. SOURCE: Progressive Farmer - Per-Acre Profits Attract Growth, Some New Potential Regulatory Headaches

Cotton production in 2020 averaged 825lbs per acre, and the price per pound $0.87.8 or average of $717 per acre. SOURCE: Cotton yield per harvested acre in the U.S. from 2000 to 2020 

Statista reports that as cannabis becomes legal in more states, the market shifts from 70 to 75 percent of the cannabis trade “reportedly in the hands of criminals” to only about 30 percent in legal states. SOURCE: Cannabis Cultivators Profit from Growing Legal Market

According to industry sources, cannabis opportunities include, but are not limited to: farmers, producers, processors, retailers, licensed distributors, and manufacturers.

Currently, the cannabis industry in North Carolina remains untaxed and underground. The adults who choose to use cannabis must turn to illegal dealers for an unregulated product. Youth access to cannabis is unchecked, as these illegal profiteers don’t check ID as state-run or state-licensed stores would. 


Your Name
Your County
Your contact info (optional)

If you have questions on Effective Advocacy, please email Janis Ramquist.

NC NORML needs you to share your personal insights with your lawmakers so they understand the human impact of prohibition.

  • Have you written a persuasive “elevator speech”
  • Check out our website for supporting facts and information 
  • If you have spoken with your legislators, please fill out the constituent insight form so we can add to our legislative database

As always:
Donate to NC NORML to support marijuana reform.
If this email was forwarded to you, sign up for future Nuggets.

Stay up-to-date by checking in on our website or following NC NORML on social media.