The Wall Street Journal’s marketwatch.com, announced yesterday that Hemp, Inc., a public trading company, had issued over $240,600 in stock dividends to its shareholders last week. In only three days, the stock increased by over 3,733% to $4.60 per share. Hemp, Inc. issued stock went from $240,600 to $9,223,000. All numbers aside, it simply means that the hemp industry is growing fast and those investing in this wonder crop are definitely cashing in.
Hemp is a variety of the Cannabis sativa plant grown mostly for its seeds, fibers and oil. It is not marijuana. This plant is specifically bred for a low content of tetrahydrocannibanol (THC), the principal psychoactive agent in marijuana. Its used has expanded into health food, fiber/textiles, building materials, paper, recycled plastic, body products and bio-fuel.
What makes hemp so popular? It is a mix of practicality, versatility and Eco friendliness. As food, it can be consumed raw, ground, sprouted, made into hemp milk, butter and other derivatives. Hemp seeds are a great source of essential fatty acids (EFA), making a great addition to your nutritional value.
Hemp is also ideal for making clothes. Its fibers are an incredibly strong and durable natural textile with the ability to keep its shape. Hemp fibers mix well with other elements, therefore textiles mixed with hemp fiber result in garments that are soft and warm, but much durable than textiles with 100% cotton or linen. This is due to hemp’s fibers high cellulose content.
Another attribute of hemp? It has the best ratio to heat capacity of all fibers. This amazing characteristic makes it ideal for mixing with building materials to provide insulation. Hemp can also be mixed with fiber glass, flax and kenaf to produce composite panels for cars, a type of recycled plastic now used by many top auto companies.
As a paper source, hemp is much more efficient than timber because it produces more pulp per acre. Due to its creamy color it doesn’t require all the harsh bleaching of regular paper, making it a more sustainable option. Evidence of hemp paper dates back as far as the 5th millennium B.C. in China.
The hydrocarbons in hemp can be processed into a wide range of biomass energy sources, from fuel pellets to liquid fuels and gas. If developed, hemp could turn into the next source of clean energy, thus reducing the use of nuclear power and fossil fuels.
When it comes to growing it, hemp is a very resilient plant. Although it can be vulnerable to certain bacteria, fungi, nematodes and viruses, very rarely will it affect the yield of a hemp field. Pesticides and herbicides are unnecessary to grow hemp efficiently in an industrial capacity which makes it a great option for organic and biodegradable material.
Hemp has the capacity to grow and thrive in small spaces and mild climates. As a renewable source it grows faster than other crops like cotton, which helps increase its yield and reduce its environmental footprint. When grown in large scales hemp actually serves as a ‘carbon negative’ raw material, helping to reverse the levels of greenhouse gas and carbon dioxide in the atmosphere.
All the aforementioned qualities of hemp has put it on the top of the sustainable crops. As the organic movement grows more than ever, American industries are paying attention and embracing the many benefits of this super plant. However, due to Federal Law, the grow of hemp in the U.S. is illegal under the Controlled Substances Act. Countries like Australia, France, Canada and the United Kingdom have figure out laws that allow for the industrial grow of hemp. Meanwhile, China continues to be the biggest producer.Since demand drives supply, and the demand for hemp in America continues rise, we are forced to import our entire supply. And while companies like Hemp, Inc. continue to supply us with hemp, their shareholders are making lot of dough. Hemp dough.