Farmers all over Arizona are now gearing up to grow hemp. Since the state legalized the crop last year, the Arizona Department of Agriculture has been working to set up rules and licensing for those who are interested in growing the crop. Even though it’s legal, it will be heavily regulated by the state because of its close relationship to marijuana. By law, hemp cannot have any more than 0.3% of THC in it, the ingredient in marijuana that provides the high.
Bruce Perlowin, a California businessman, is one of many who is already setting his sights on Arizona to grow what he calls a cash crop.
“Hemp means a goldmine for Arizona. An absolute goldmine,” he said.