Hemp could become a key element of regenerative farming. There are thousands of potential uses for the fibre, woody core and seeds. It sequesters carbon faster than any other crop, and this carbon can be locked up, for example, into innovative construction products. However, hemp is challenging to harvest and process, and markets are underdeveloped. Venture capital funders see an opportunity but are focused on large-scale, investor-controlled factories. There is a danger that smaller farms will be squeezed out of the value added element of hemp, or relegated to just producing it as a wholesale commodity. What is the potential for cooperative models of ownership and smaller, decentralised, harvesting, processing and marketing operations? This session will explore the results of field trials in Dorset and Kent; discuss the challenges of developing and financing viable localised infrastructure; and present research which promotes hemp as part of a regenerative bio-based economy.