Pulse Results

Pulse: Favorability Toward Industrial Hemp Taking Root

Pulse: Favorability Toward Industrial Hemp Taking Root

According to the July LANDTHINK Pulse results, an overwhelming 81.69% of respondents believe that hemp should be grown as an agricultural commodity. Hemp is a variety of the Cannabis sativa plant, with many industrial and commercial uses. The 2014 Farm Bill that was signed by President Obama included a provision that allows universities to grow hemp for research purposes, but only in states that have legalized industrial hemp.

Hemp, with its rich fibers stronger than cotton, is closely woven into the tapestry of American history. There was time when hemp was legally cultivated in America. In fact, in 1619 the Virginia Assembly passed an Act requiring American farmers to grow it on their plantations. George Washington was a staunch advocate of hemp, and he grew hemp as a primary crop on his Virginia farm. George Washington was not the only president with a fondness for hemp and its beneficial properties. Thomas Jefferson knew a lot about cultivating hemp and even invented a threshing machine for processing hemp.

There are many misconceptions about hemp; the biggest being that hemp and marijuana are one in the same. While both are members of the same plant species- they are not the same. Industrial grade hemp contains very low levels of the psychoactive component tetrahydrocannabinol (THC). The subspecies grown for marijuana has poor quality fiber and could never be used to produce commercial and industrial products for which hemp is used.

Last month, the July Pulse asked: In your opinion, should hemp be grown as an agricultural commodity? Our informal online survey revealed that 81.69% of our audience believe it SHOULD be grown as an agricultural commodity, while a scant 18.31% said it SHOULD NOT, supporting the current U.S. ban on growing industrial hemp.

It was the general consensus of the LANDTHINK audience that allowing farmers to cultivate hemp commercially would be a boon to the economy and environment. In over thirty countries, hemp is permitted to be grown as an agricultural commodity. The United States is one of the few industrialized nations that does not permit farmers to grow hemp on an industrial scale. The United States currently imports millions of dollars in finished hemp products (such as rope and clothing) and raw hemp materials (like fiber and seed) from the top hemp producing countries, like China and Canada.

Here are the final results:

July 2016 LANDTHINK Pulse Results

  • 81.69% said YES, hemp should be grown as an agricultural commodity
  • 18.31% said NO, hemp should not be grown as an agricultural commodity

Thank you to everyone who participated and shared the Pulse with friends and connections in the land industry.

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LANDTHINK

LANDTHINK is part of the LANDFLIP family of sites and brings together the various components of the land industry and provides knowledge and information to land investors, owners and professionals to create a stronger land marketplace. Get land smart!

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