130
Hemp: Tip Of The Iceberg
Textiles: Textiles made from hemp are durable, versatile and biodegradable. Hemp fibers are also more resistant to weather and ultraviolet rays than cotton and silk, and can be mixed with other materials to create clothing hybrids that are both comfortable and fashionable
Construction Materials: A single residence can save 5,000-10,000 lbs of CO2 emissions using hempcrete instead of cement. Hempcrete is strong, lightweight, breathable, non-toxic, energy efficient and provides excellent insulation while being water and flame resistant.
Hemp-derived CBD Products: US CBD sales alone are projected to reach $2.1 billion by 2020. This segment will continue to grow as consumers better understand and experience the benefits of CBD, much of which is derived from hemp.
What can Hemp not do? While hemp has over 50,000 uses in our society, one thing it simply cannot do is get you ‘high’. That is a role only played by the cannabinoid THC in the cannabis plant.
We are witnessing the very beginnings of what is destined to become a multi-billion dollar market. The implications that industrial hemp use has on so many aspects of our lives are best understood in the context of the combined industrial-governmental influence that has kept it out of American society despite a 175 year period (1631-1800s) of the government accepting tax payments in the form of hemp. The hemp market may well exceed the cannabis market as regulation, information and transparency work to drive greater adoption. Investors and entrepreneurs alike are well-served to pay attention to this opportunity.
Higher than the law of government
is the law of conscience.