Hemp's potential relies on better regulation, more research, experts say

Thirty years from now, hemp advocates envision the versatile crop will play a prominent role in the U.S. economy, used regularly in the production of everyday products including food, fiber, fuel, pharmaceuticals and building materials.

But getting to that point is not so simple. 

Lawmakers must adopt policies to ease the regulatory burden on farmers and processors. Scientists must conduct the research and development needed to pioneer new technologies. Breeders must continue studying hemp genetics that best serve such wide-ranging markets.

That was the underlying theme of the first National Hemp Symposium — looking ahead to 2050, and finding the roadmap for a thriving industry.