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Press release February 3, 2000 Industrial Hemp in the United States:
Status and Market Potential The United States Department of Agriculture
has published a report about Industrial Hemp in the United States: Status and
Market Potential Industrial hemp has been the focus of
official interest in several States. However, hemp and marijuana are different
varieties of Cannabis sativa, which is classified as a controlled substance in
the United States. With Canada now allowing hemp production, questions have
been raised about the demand for hemp products. U.S. markets for hemp fiber
(specialty textiles, paper, and composites) and seed (in food or crushed for
oil) are, and will likely remain, small, thin markets. Uncertainty about
longrun demand for hemp products and the potential for oversupply discounts the
prospects for hemp as an economically viable alternative crop for American
farmers. To read the full report, click here © Hassela Nordic Network |
