Saturday, February 5, 2011
Living in a World of Hemp!
The Production of Hemp within the United States would help stimulate the economy by producing an abundant and wide array of Green Jobs and Clean Energy. In 1938, Popular Mechanics described hemp as the "New Billion Dollar Crop". Hemp is the best Cash Crop to date. "Worldwide demand for hemp materials is surging; full-scale production in New Hampshire would spark sustainable opportunities across a range of local industries- farming, processing and production, product design, distribution and professional services". "Wisconsin has been the country's second-leading producer of hemp for the first half of the last century and is now shut out of a market that is growing by 20% annually
worldwide and grossing 365 million in products in North America alone". In 1998, hemp was legalized by the Canadian government and Hemp Oil Canada Inc. opened its doors for business. Farmers in Canada make around $300 to $600 an acre of hemp. "From January to October of 2009, the company exported roughly $600,000 in hemp oil and $1.8 million in hemp protein powder to the United States". In 2000, America imported $1.4 million hemp products, mostly hemp seeds and hemp oil and in 2011, the US imports of hemp had risen to $11.5 million. So many possibilities on the horizon, Hemp is one of the best plants in existence. Hemp is the Ticket.