Oneida Nation Hopes to Diversify their economy with Hemp - Paycheck

Oneida Nation Hopes to Diversify their economy with Hemp

Remember last year how Oneida Nation leaders decided to try to expand their economy beyond gaming by growing hemp? Well, they didn’t have a very successful crop but Tribal leaders are still hopeful hemp can help them move forward in the post-COVID era. Tribal leaders seem to be under pressure just like everyone else. The coronavirus revealed an over-dependence on gaming as casinos shuttered with all other business during the pandemic. The National Indian Gaming Association reported that tribal casinos nationwide could lose half their predicted revenue which is about $22.4 billion!

Oneida officials saw an opportunity in hemp after former Gov. Scott Walker approved a pilot program for Wisconsin farmers to produce it in 2017. Since then tribal leaders have sought to grow hemp to be used for fibers, building products, CBD oil, or seeds for food. Despite last year's pilot crop being small tribal officials are hopeful that their future looks bright GREEN as in healthy hemp and profits!

Related Articles

Local Business in the Hands of Holiday Shoppers

October 21, 2020

With November comes the beginning of the holiday shopping season, the two months that determine whether many retail stores turn a profit.

Read more

Pennsylvanians Current Feelings Towards Covid-19

October 21, 2020

With colder weather fast approaching, there are fears cases will go up even more due to being indoors.

Read more

Americans lack confidence in national leadership after debates

October 20, 2020

Americans find the performances of the Presidential and Vice Presidential debate despicable and lacking in new ideas.

Read more
Category Sidebar

Thanks for signing the pledge! Click here to share this on Facebook.