Friday, June 24, 2011

Growing Hemp & Profitability


Hemp is a very hardy plant and can even stand NH winters! Hemp is pest resistant (except for the government). That means not pesticides! Hemp is also draught resistant!

If in the United States, we just planted 6% of our farmland in hemp that alone would provide for all our nations energy needs. Hemp has a production rate of 10 tons/ acre, every four months. One acre of hemp can produce the same amount of fiber as 4 acres of trees or 2 acres of cotton. Speaking of trees. Trees take 50-100 years to mature; hemp takes only 100 days!

The University of Missouri estimates that the average-size metro area production area of 100 million gallons of biodiesel fuel could generate $8.34 million in personal income and 6,000 temporary and permanent jobs (Ref: National Biodiesel Board).

Get this, in 1776 a shirt made from hemp costed $.50-$1.00. A cotton shirt costed $100-$200!

The more I study hemp, the better it looks. I am so thankful for VERSATIVA and opening my eyes to the world of hemp.

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