Case Studies
72
HEMP
For well over a year, we have referenced the experts stating that the global hemp industry’s potential far exceeds that of the global legal recreational marijuana industry and quite possibly the entire legal marijuana industry (ie: add medical). Yet, other than that within the pages of CannaInvestor Magazine it has received almost zero coverage and especially from the paid stock promoters unless one of their marijuana company clients is also involved in the hemp industry. You can do your own research on estimates of the global hemp market’s value but $1-trillion seems to be the starting point by many. The history of hemp is as interesting as it is mysterious because of all of the uses of hemp from textiles to nutrition to medicine to building materials and yet it was demonized because it is part of the cannabis family of plants albeit with negligible THC levels. There basically five uses for hemp with the greatest commercial value:
1. Hemp is environmentally friendly. It is naturally acid free and can be recycled up to 7 times (normal paper can be recycled up to 3 times). During the process of converting hemp into paper, millions of pounds of toxic pollution are not released into the air.
2. Hemp can be used to make clothing and the material gets softer every time you wash it. Hemp will keep you cool during the summer and it will keep you four times warmer than regular cotton during the winter. It only takes one acre of hemp to produce as much material as 2 acres of cotton.
3. Hemp can be turned into a variety of building materials (i.e. fiber board, carpet, stucco, cement blocks, insulations, and plastic). You can build a wall out of hemp that is rot free, pest free, mold free, fire resistant, and will last 500 years. You can also make biodegradable plastic out of hemp.
4. Hemp can be turned into fuel that can be used in your car today. This is done by pressing the hempseed and turning its oil into a biodiesel that is completely biodegradable, smells better, and is cleaner for the air. Although hemp isn’t the best alternative for fuel it can be used today with most vehicles without making alterations to the vehicle.
5 Hemp can be used as a supplement for nutrition. Hemp is high in protein, contains essential omega 3 & 6 fatty acids, potassium, and dietary fiber.
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