Hemp IS A high Growth Market
- Industrial Hemp Market Worth $26.6 Billion by 2025 – Exclusive Report by Markets and Market PR Newswire June 25, 2019 Yahoo Finance
- CBD Market Could Reach $20 Billion By 2024, Says New Study Forbes
- The global industrial hemp market is projected to grow from USD 4.6 billion in 2019 to USD 26.6 billion by 2025, recording a CAGR of 34%. PRNEWSWIRE
“Hemp is of first necessity to the wealth and protection of the country.” ~Thomas Jefferson
- Hemp was a required crop to be grown by the colonists
- The first few drafts of the constitution were wrote on hemp paper
- 90% of the rope in World War II was made with Hemp
- The first Levi’s were made with Hemp cloth
- Ford’s Model T was make entirely of Hemp and ran on Hemp fuel
Hemp is Very VERSATILE and Durable
Hemp can play a pivotal role in just about every industry; it can provide food, fuel, clothes, cars, and even paper.
- There are over 50,000 known uses for hemp.
- On an annual basis, 1 acre of hemp will produce as much fiber as 2 to 3 acres of cotton. Hemp fiber is stronger and softer than cotton, lasts twice as long as cotton, and will not mildew.
- It takes 15 – 20 years for trees to grow until they can be harvested for paper or wood, but hemp is ready for harvesting only 120 days after it is planted. The quality of hemp paper is superior to tree-based paper, as it’s not yellowing. It can be recycled many more times than tree-based paper, and requires less toxic chemicals in the manufacturing process than does paper made from trees.
- Hemp can be used to produce strong, durable and environmentally-friendly plastic substitutes. Thousands of products made from petroleum-based plastics can be produced from hemp-based composites.
- At one time American companies Eli Lily, Squibb and Park Davis produced cannabis extract medicines. In the mid-to-late 1800’s it was the 2nd most commonly used medications in the US.
- Hemp seeds offer complete nutrition, even better than flax or chia . They contain high levels of vitamins A, B, D, and E, as well as vital minerals, proteins, and fatty acids. In fact, hemp seeds are a superfood. Hemp has powerful antibacterial, anti-inflammatory, antioxidant, and antimicrobial properties.
Facts from Hempfy.com