DK wonders a few things: “How is hemp affected in the legalization of cannabis? Is hemp farming legal? Hypothetically, can I have a 5-acre hemp farm? Any information on the legality and reality of hemp cultivation/industrialization is welcomed.”
Well, sorry to bear disappointment, DK. Hemp is not yet legal to grow on a commercial scale in Alaska.
http://www.adn.com/article/20150415/did-alaska-legalize-industrial-hemp-along-recreational-cannabis

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