Kentucky Commissioner of Agriculture Ryan Quarles announced that preliminary analysis of the 2017 Industrial Hemp Research Pilot Program reveals a multi-million-dollar economic impact for the state. According to early analysis of the 2017 processor production reports, Kentucky licensed processors paid Kentucky growers $7.5 million for harvested hemp. Additionally, Industrial Hemp Research Pilot Program processor licensees reported $25.6 million in capital improvements and investments and $16.7 million in gross product sales.
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