Hemp industry given boost with development plan

New hemp plan opens doors to opportunities for industry and the environment – 16 News

The Minns Labor Government’s new Hemp Industry Development Plan is set to unlock new opportunities for NSW businesses and add value to the state’s low-THC hemp industry, which is forecast to become a $100 million Australian industry by 2032. The plan, available at NSW Hemp Industry Development Plan, outlines a roadmap for industry growth through targeted research and development, stronger supply chains, market expansion and a supportive policy a…

Hemp industry given boost with development plan

Hemp building materials on display at Mardi Grass Hemposum 2025. Photo David Lowe. A Hemp Industry Development Plan has been announced by the NSW government, which promises ‘to unlock new opportunities for NSW businesses and add value to the state’s low-THC hemp industry, which is forecast to become a $100 million Australian industry by 2032’. The Labor government say, ‘The plan, available at NSW Hemp Industry Development Plan, outlines a roadma…