Hemp is a variety of the cannabis plant that is grown for industrial purpose, the key word being industrial. Unlike marijuana, which is mostly used for recreational and medical purposes, hemp has many “industrial” uses, including paper, textiles, plastics, construction, food, and fuel.
With so many uses, hemp not only appeals to farmers because it offer stability and economic growth, but it grows rapidly and can mature in a matter of weeks. It can also grow in various or harsher conditions than other crops making it extremely versatile. This renewable source also receives praise for its benefit to the environment. Hemp draws in CO2, prevents soil erosion, and provides nutrients to the soil after harvest it also requires less water than other crops, and does not require pesticides.
Currently, at least 27 states have laws that allow for the creation of industrial hemp. Of those 27, nearly 20 states allow hemp production for commercial purposes. This means hemp can be sourced by manufacturers for commercial use from these states. The 2014 Farm Bill made it legal for manufacturers to source hemp-derived CBD from the United States. Passing this amendment greatly benefits U.S. farmers and businesses and shine’s light of how hemp is one of the most versatile and economically stimulating crops available to the US farmer today.