US farmers have high hopes for hemp crops

Trade wars have crushed US grain sales. Tobacco is in terminal decline. However, for farmers in Kentucky the future may lie in a crop of the past: hemp. The fibrous plant once prized for rope and sailcloth is poised for a second life as a source of cannabidiol, or CBD, a substance added to everything from hamburgers to dog treats, which enthusiasts claim has therapeutic qualities.

Full article at Financial Times from Gregory Meyer in New York.