Hemp Farm Business Plan Template [Updated 2023]

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II. Company Overview

You can download our Business Plan Template (including a full, customizable financial model) to your computer here.

Who is [Company Name]?

[Company Name], located in [insert location here], is a new, independent hemp farm focusing on producing high-quality products for its clients. Located on over 160 acres, the farm grows cannabigerol (CBG) strains and cannabidiol (CBD).The farm-grown hemp contains no THC, but the plant can be used for its CBD properties, which provide pain-killing, anti-inflammatory and digestive help without producing a high. [Company Name] is fully equipped with the latest technology and equipment used in the hemp farming industry.

[Company Name]’s History

[Founder’s Name] is an entrepreneur with a passion for hemp farming who seeks to cater to the needs of people through modern hemp farming. [Company Name] will become a recognized hemp farming company in [Location] offering high-quality hemp produce.

[Founder’s Name] has selected an initial location and is currently undergoing due diligence on each property and the local market to assess the most desirable location for a hemp farm.

Since incorporation, the company has achieved the following milestones:

  • Developed the company’s name, logo, and website
  • Determined equipment and inventory requirements
  • Began recruiting key employees with experience in the hemp farming industry

[Company Name]’s Products

[Company Name] will be able to provide customers with high-quality hemp, which includes:

  • Food-grade hemp (which may be consumed in raw or roasted form, or pressed for oil and milk)
  • CBD (which is extracted from leaves and stalks)
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