In today’s ever-changing business world with more and more products being imported, how would you react if I said there was a product that was growable in America, safe, and industrially viable?
That product exists, and its name is industrial hemp. Americans import 1.8 million pounds of hemp yarn a year, simply because governmental regulation precludes the production of hemp. The laws restricting the production of hemp originate from the legislation that controls the production of Marijuana. Hemp is part of the same family of plants as Marijuana, but does not contain the amounts of THC, the active ingredient in Marijuana to create effects.
Hemp is incredibly American, as ”Both (George) Washington and (Thomas) Jefferson grew hemp and the Declaration of Independence was written on hemp paper.” “In addition to providing useful fibers, hemp seed also has high nutritional value, and the plant can be used to make biodegradable plastics, some fuels, and a variety of other things.”1
Legislative efforts to allow hemp production are barred by a 2009 Court of Appeals ruling that does not allow states to supercede Federal regualtions on the substance.2