Responsibilities and Requirements of Prospective Hemp Growers:
- Own or obtain a contractual lease of 5 or more acres of suitable land for commercial hemp cultivation beginning no later than the third year of production.
- Secure a State License from the State Department of Agriculture in your respective state authorizing you to grow hemp in accordance with state and federal regulations and contractor training and guidelines.
- Enter into a five-year contract with options for renewal indefinitely based on compliance with training and successful growing of your hemp crop.
- Must complete grower training workshop lessons/courses on the growing and harvesting techniques required for grower certification offered by B&G Farms and Consultant Services in collaboration of JV AgriIndustries.
- Provide irrigation and any other agricultural amenities essential for a successful cropping season.
- Must complete a workshop on financial management, record keeping, tax preparation, crop management, banks and banking, family succession planning, etc. as it relates to financial planning, solvency and sustainability.
- Provide enough manpower needs to ensure continuous and timely planting, growing and harvesting requirements for contracted hemp acreage, and follow all federal, state and contractor compliance guidelines.
- Provide adequate supervision of all farm employees in accordance with federal and state guidelines and be held accountable for their work performance, ethics, and loyalty to you and the company.
- Must be receptive to growing at least one crop annually, and where feasible, multiple crops.
- Must be receptive to growing in field, greenhouse or high tunnels where feasible to maximize yield and quality of harvests.
- Must attend growers, contractors, and investors’ annual meetings to review previous cropping seasons and make plans for next year’s growing seasons, receive Educational Tune-up, and here future plans and company projections.
- Be prepared to increase acreage if opportunity presents itself after first growing season.
- Must secure crop insurance as provided by USDA and/or from a private insurance company if you want to protect the crop and your economic investment against unpredictive catastrophic crop losses.