There are big $$$ in hemp. Hemp used to be used for many things: clothes, cars, plastics, building materials, rope, paper, linens, food, medicine and so on. In fact, it used to be mandatory in the United States for farmers to grow hemp if they had the land. There are plenty more stats regarding hemp you can find here.The fact is Hemp was very popular throughout the 1800’s and 1900’since it was incredibly useful for so many reasons. But one day that all changed, and now it is illegal.. so how did this happen?
During Hoover’s presidency, Andrew Mellon became Hoover’s Secretary of the Treasury and Dupont’s primary investor. He appointed his future nephew-in-law, Harry J. Anslinger, to head the Federal Bureau of Narcotics and Dangerous Drugs. Secret meetings were held by these financial tycoons, who had huge positions in timber. (Hemp was in direct competition with the timber industry.) Hemp was declared dangerous and a threat to their billion dollar enterprises. For their dynasties to remain intact, hemp had to go. This then led these men to take an obscure Mexican slang word: ‘marihuana’ and push it into the consciousness of America. The reason why they changed the name was because everyone knew of hemp and how amazing it was for the world. They would never be able to get away with banning hemp, so they grouped hemp with the name marijuana, that they knew would scare everyone. (remember the movie "Reefer Madness")
Hemp is now making a comeback, and will make huge $$$ for investors now that the real truth about hemp is out....that it has nothing to do with the drug use. Actually, hemp would help stop deforestation of our trees in this country and can be grown cheaper and mature quicker than timber.
