Posted on 06/03/2019 1:28:30 AM PDT by Windflier
Thanks to a provision in the 2018 Farm Bill, hemp is no longer a federally illegal controlled substance in the Unites States. The passage of the Farm Bill allows farmers and cultivators to grow the once demonized cannabis plant and even restart long forgotten operations.
As it turns out, legally allowing farmers to grow the plant and sell it to processors is having a massive effect on employment in the United States, across multiple sectors. The hemp industry took in $1.1 billion in revenue in 2018 and is on track to more than double that in 2022, with $2.6 billion in revenue, according to New Frontier Data.
The effects of the hemp boom will be felt far from the agriculture fields and even the hemp processors, with job growth expected in the form of “accountants, lawyers, compliance officers, government regulators, IT specialists, financial and insurance experts, transporters, researchers and lab technicians, marketers, CFOs, CEOs and various retail employees,” according to CNBC.
“Job creation is going to happen in every economic bracket,” said the executive director of the DC-based National Hemp Association, Erica McBride Stark.
The hemp industry will create high-skilled management jobs, labor-type jobs and everything in between. It’s going to touch all of society.
Stark recently returned from the 6th annual NoCo Hemp Expo in Denver, Colorado. More than 225 exhibitors and 10,000 attendees were present—twice the size of last year’s gathering.
Indeed, the online job listing search engine, reported an increase in job openings in hemp-related industries this year and HempStaff has seen hemp related jobs double in the last year.
And while hemp is federally legal in the United States, only 41 states allowed the cultivation of hemp as of February and only 24 states had farmers actually growing it last year, which means there is plenty of room for growth and expansion. According to NBC, “Total hemp acreage in the U.S. was at 78,176 acres, up from 25,713 in 2017,” with the average increasingly considerably over the next few years.
It should be noted, too, that despite hemp’s new federal status, the Farm Bill stipulates that individual states can choose to establish their own agriculture and commerce programs, or not. As of February, 41 states allowed cultivation of hemp for commercial, research or pilot programs, although only 24 states had farmers actually growing hemp last year.
While hemp can be used for a wide variety of things including textiles, building materials, and food, the primary focus and most trending use of the plant is for producing CBD oil. CBD oil is made from the flowers, buds, and seeds of the hemp plant.
CBD oil is a non-psychoactive phytocannabinoid found in cannabis plants. It has been shown to aid users in treating anxiety, arthritis, pain, depression, and more and is being used with increasingly frequency to relieve pain associated with cancer and cancer treatment and in an attempt to treat the cancer itself.
In 2018 alone, CBD-containing products generated $390 million in sales in the U.S. and that number is predicted to reach $1.3 billion by 2022.
Woody Harrelson is greatly pleased.
Until it’s not against federal law, it’s not a career, and it’s not an investment.
From the article:
"Thanks to a provision in the 2018 Farm Bill, hemp is no longer a federally illegal controlled substance in the Unites States."
Why?
Because some folks think hemp is smokable weed.
Chalk it up to ignorance.
I have been using CBD cream on my injured foot for a while now and it seems to help with the pain and inflammation more than other products. A lot of the normal joint and tendon topical s make the foot feel worse, not better, so I’ll keep using the CBD until it’s better.
Yep. I just left the question dangling out there to underscore that point.
You might look up “golden milk” a tumeric concoction. It has helped a knee and tendon issue greatly for me. And, it’s a lot cheaper.
Thanks! I fell back in November and had a high ankle sprain that tore the tendons and ligaments from the bottom calf of my leg, through my ankle joint, and along the side of my foot. It’s much better than it was but it’s still stiff until about noon and my toes still swell daily. None of the other stuff you buy in the regular store has helped. I take a Tumeric capsule daily but the “golden milk” is a topical rub, right? I can’t take ibuprofen or any kind of anti-inflammatory so I have to deal with it. He said probably a year before it’s healed completely. I’m also 64 and have a good risk of arthritis in the foot injury so I keep it moving.
I found it online. It’s a powder you mix with water and drink. I can do that. It seems to have other ingredients in it that my regular turmeric capsule doesn’t have.
Several of the Founding Father were hemp farmers, including George Washington, Thomas Jefferson, and John Adams. It had nothing to do with marijuana, which is a special, artificial cultivar.
It is so valuable that the USA legally reversed itself in 1942, encouraging farmers to grow it for the war effort, even producing a propaganda film for that purpose: Hemp for Victory.
Hemp is the source of highly durable fiber, and highly nutritious food.
Sailing ship hawsers were often called hemp, because that was the fiber from which they were made. It is much stronger than cotton. (Some are convinced that the first Levi’s jeans were made from hemp.)
The fatty acid profile is close to ideal for humans: It contains both EFAs, and both first derivatives:
Omega-6:
Linoleic Acid [EFA}
Gamma-Linolenic Acid
Omega-3:
Alpha-Linolenic Acid [EFA]
Stearidonic Acid
The shelled nut (achene) meat is about 30% protein, with a superior amino acid profile to soy protein, and greater digestibility. It is highly unusual in that it is about two-thirds globulin protein.
Hemp protein was one of the first natural substances studied in the Nineteenth Century at the dawn of modern chemistry.
everything will be grand then......and I get to live thru it.....
You know there’s a difference between hemp and marijuana, right?
“farmers and cultivators”
What’s the difference? What’s an artificial cultivar?
Post #3. Nails it.
Actually easy to make at home, just cook tumeric powder in a low simmer for 5 to 10 minutes at a consistency of pudding. Refrigerate for up to a week for convenience.
Add around a half a teaspoon to hot milk and stir in with black pepper.
Simmering it helps release the active substance curcumen, pepperin the active ingredient in black pepper drastically increases the bio availability up to 100 times. Also the presence of the milk fat helps in the adsorption.
This concoction has been shown to be the most powerful anti inflammatory substance known to man so far.
It’s not marijuana. I guess you could smoke it. But it would be gross.
It did not legalize hemp overall.
Some people don't get the difference and haven't bothered to read.
It is legal now. At least federally.
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