Seeds planted to revive hemp as US cash crop
The industrially useful marijuana relative has been banned for decades, but Colorado has opened the door to legal farming again.
In a quiet corner of southeastern Colorado, planting season is under way as usual -- except the plant that Springfield farmer Ryan Loflin is working on hasn't been grown commercially in the U.S. in decades.
On Monday, Loflin planted America's first industrial hemp crop since around the Eisenhower administration. According to the Denver Post, Loflin is using 60 acres previously reserved for alfalfa to cultivate the test plots, and with a partner he's installing a seed press to produce hemp oil.
Hemp comes from the same plant family as marijuana, but it contains just trace amounts of the psychoactive chemical THC that gives marijuana its potency. Still, it's difficult to tell the difference visually between marijuana and hemp, and the federal government has classified both plants as controlled substances.
Hemp has been cultivated for thousands of years, and its modern advocates tout it as a wonder plant that can be readily made into paper, textiles and a variety of oils and food products.
Hemp is also legal and grown as a crop in many countries, including Canada and the U.K. In fact, according to a 2005 Congressional Research Service report, the U.S. "is the only developed nation in which industrial hemp is not an established crop."
And hemp consumption, through foods, oils, soaps, lotions and clothing, is growing. The Hemp Industries Association estimates retail sales of hemp food and body care products in the U.S. reached a record $156 million last year. And according to an HIA review of clothing, auto parts, building materials and other products, the overall total retail value of hemp products sold in the U.S. in 2012 came to about $500 million.
"As the hemp market grows and Canadian farmers increase their hemp acreage to meet demand," HIA Executive Director Eric Steenstra said in a press statement, "U.S. farmers' frustration at being shut out of the lucrative worldwide hemp market is catalyzing real movement throughout all levels of government to legalize industrial hemp."
Colorado allowed the growing of hemp and marijuana under laws enacted last November -- and the group Vote Hemp says at least nine states have introduced legislation to remove barriers to hemp production. Eight others have passed bills to study hemp.
Just last week, Kentucky Agricultural Commissioner James Comer was in Washington, D.C., talking with both administration officials and House Speaker John Boehner, R-Ohio, about legalizing industrial hemp.
"I just think if more and more people studied this issue, they would realize this is a no-brainer," Comer told Politico. A Republican who sees hemp as an economic opportunity for his state, Comer added, "This is a way to create jobs."
The marihuana (government spelling) tax act of 1937 pushed on the people by Harry Anslinger with the help of Andrew Mallon (banking), Randolph Hearst (news paper/yellow journalist), and the DuPont family (manufacturing) ended the hemp trade in the US.
This isn't "pot" to be smoked. It is an ag crop no different than corn or soy beans.
We have a huge amount of push back by interested parties that the hemp production doesn't fit their agenda. The US is alleged to be the "land of the free"... I guess that depends on who you are.
It is about time that some of our leadership in this supposedly progressive and free nation extracts their craniums from their collective rectal orifices. Hemp and even full on marijuana have so many practical and beneficial uses that Americans have been denied for many years now that its banning is almost criminal. I shall give the politicians of the 1930s the benefit of the doubt and suggest that they were simply ignorant and bought into the propaganda of the day about its supposedly dreaded effects. However over the years there has been so much evidence to counter its illegality that present day politicians most certainly are on the take on this issue.
There are many very large and well established corporate entities who are loath to the idea of hemp and marijuana becoming legal in any form. Fortunes have changed hands in an effort to maintain the status quo on this useful and relatively harmless herb. Frankly it is shameful for our government to continue this lie any longer.
Hemp is not a dirty word
Why do we not grow hemp in this country? Because the politicians allowed themselves to be bought by in this case, paper companies who made a huge investments in trees and did not want hemp grown to be used in paper.
Hemp has many industrial uses, it is easy and cheap to grow, and is not a drug. If we allowed cultivation of hemp in this country again, it would generate billions in tax dollars, save farms and create new industrial jobs in this country.
Too bad we have a government that thinks corn based ethanol is a good idea and commercial hemp production is a bad idea. Too bad we have a government that after almost a decade of subsidies still believes that wind and solar power are economically viable. Too bad we have a government that handed the terrorists of 9/11 a victory by passing the Homeland Security Act restricting or eliminating some of our basic freedoms n the name of security. Too bad we have a government that passed an affordable health care act before the true costs, ramifications, or implementation logistics were understood. Too bad that we as American citizens keep electing these fools.
I'm sure our government knows what's best for us, just look at how they do everything else there always on top of things always making the right decisions, just look at our congress and senate a well oiled machine of futuristic thinking.................pro active in every category..............................
and I have some land in Belize for sale.........
Are you ill, no money for surgery? Are you a business man or woman? Are you in any financial mess or do you need funds to start up your own business? Do you need loan to settle your debt or pay off your bills or start a nice business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks/other financial institutes? Do you need a loan? If your answer is yes then here is your solution. We offer loans at 3% interest rate and we offer the following loans *Refinance *Home Improvement *Investment Loan
*Debt Consolidation *Business Loans *Personal Loans *Student Loans *Health Loans *International Loans.
Interested person should contact us via email:email@example.com
Let's be realistic. It's not a wonder plant and will not solve all of our economic problems. It will not for instance create millions of jobs here in the US as one of the posts states. Also, in all likelihood it will be planted in place of some other crop, so the net gain would be minimal.
While it will grow in a number of conditions, like all plants it does have an optimal set of conditions. So, in some areas, it will produce extremely well and in others not so much. I do think it will certainly add to our economy, but let's not start trumpeting its benefits like a bunch snake oil salesman.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The stock market ended the holiday-shortened week on a mixed note as the Dow Jones Industrial Average shed 0.1%, while the S&P 500 added 0.1% with seven sectors posting gains.
Equity indices faced an uphill climb from the opening bell after disappointing quarterly results from Google (GOOG 536.10, -20.44) and IBM (IBM 190.04, -6.36) weighed on the early sentiment. Google reported earnings $0.15 below the Capital IQ consensus estimate on revenue of $15.42 ... More
More Market News
Serious issues like drought and the deterioration of the developed world spell opportunity for this industry leader.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'