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		<title>Private investment in Puerto Rico needed for hemp industry to thrive, official says</title>
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					<description><![CDATA[<p>Puerto Rico’s agriculture secretary says private investment is needed to build the infrastructure for the hemp industry to thrive in the U.S. territory. Secretary Ramon González told a local news outlet, Noticel, that without hemp processing plants, “the business of investing in the fields is for nothing,” “I believe that a lot of expectations were</p>
<p>The post <a href="https://cbddroppers.com/2021/01/08/private-investment-in-puerto-rico-needed-for-hemp-industry-to-thrive-official-says/">Private investment in Puerto Rico needed for hemp industry to thrive, official says</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
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<p>Puerto Rico’s agriculture secretary says <a href="https://www.noticel.com/gobierno/ahora/top-stories/20210104/cambios-importantes-en-el-departamento-de-agricultura/" target="_blank" rel="noopener">private investment is needed</a> to build the infrastructure for the hemp industry to thrive in the U.S. territory.</p>
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<p>Secretary Ramon González told a local news outlet, Noticel, that without hemp processing plants, “the business of investing in the fields is for nothing,”</p>
<p>“I believe that a lot of expectations were set at the beginning, as in the United States, and it has not started with the speed that was expected,” González said.</p>
<p>Puerto Rico launched its pilot hemp cultivation program in 2019 after the 2018 U.S. Farm Bill legalized the plant.</p>
<p>Puerto Rico’s Department of Economic Development &amp; Commerce said last year there was interest in hemp cultivation projects totaling 18,000 acres.</p>
<p>“I think that to the extent that a factory can be found to process that product, (the sector) will be waking up at some point,” González said.</p>
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<p>The post <a href="https://cbddroppers.com/2021/01/08/private-investment-in-puerto-rico-needed-for-hemp-industry-to-thrive-official-says/">Private investment in Puerto Rico needed for hemp industry to thrive, official says</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
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