Cheese whey (CW) and hemp hurds (HH) represent typically overabundant biowastes of food and agricultural production, and their circular management is crucial to improve both sustainability and profitability of the agri-food chain. By combining experimental biochemical methane potential (BMP) tests and literature data, the techno-economic aspects of a possible future bioenergy valorization of CW and HH through anaerobic digestion (AD) and co- digestion (coAD) were analyzed. Along the 42-days, BMP assays, CW, and HH alone rendered BMP values of 446 ± 66 and 242 ± 13 mL CH4·g VS−1, respectively. The application of coAD with CW and HH at a 70:30 ratio allowed to enhance the biomethane production by 10.7%, as compared to the corresponding calculated value. In terms of economic profitability, the valorization of HH as biomethane in a dual-purpose hemp cultivation could potentially enable net profits of up to 3929 €·ha−1, which could rise to 6124 €·ha−1 in case of coAD with CW. Finally, by projecting the biomethane potential from current and future available CW and HH residues in the national context of Italy, a total biomethane yield of up to 296 MNm3·y−1 could be attained, offering interesting perspectives for the sustainability of key sectors such as transportation.