Since the dawn of time industrial hemp has served as a key ingredient in almost every major building material, cloth, and even food. It’s no wonder that industrial hemp has been taking off across the country, starting with pilot projects in Colorado and Kentucky. According to U.S. Department of Agriculture, hemp, as a seed crop, is genetically different than the marijuana plant. Proponents of industrial hemp say it’s one of the most misunderstood plants in the world. It’s related to its far more controversial cousin, marijuana, but lacks the THC that gives marijuana its psychedelic properties. This actually makes industrial hemp perfect for research, and theoretically, should be perfectly legal as well.
It’s no wonder that industrial hemp is now becoming more and more popular with certain states and rising by the month. It’s completely legal to grow industrial hemp in Canada, which is where most of the seeds use in Kentucky’s pilot programs come from, and more US states are thinking it might not be a bad idea. Considering industrial hemp is easy to grow, cheap to maintain, and has an applicable use in virtually everything, it’s hard not to imagine why states like Colorado, Kentucky, and Nebraska hemp bills were recently passed, allowing them to grow and research industrial hemp.
One day we might see cars running off of hemp fuel or even completely made from incredibly durable hemp plastic. Until then, some states still have a fight on their hands. For the most part, the future looks bright for industrial hemp. Current hemp news is buzzing more each week about another state looking to jump on the industrial hemp train. If an acre of industrial hemp could produce enough power to run the farm it’s being grown on, you’d think the stocks would rise due the sheer fact that this crop could be a cash cow in the alternative energy field.
Here’s a myth:
Industrial Hemp is not economically viable, and should therefore be outlawed.
In fact, the market for Industrial Hemp products is growing rapidly by the day. However, even if it were not, when has a crop ever been outlawed simply because government agencies thought it would be unprofitable to grow? The fact that it can be used in cosmetics, clothing, plastics, fuel, and food, makes it pretty much a sure thing in terms of profit. Couple that with the fact that industrial hemp costs pennies to grow, it pretty much makes for a no-brainer when talking about profit potential.
Learn more about industrial hemp at the Hemp University!