Timothy FioreApril 11, 2018

Come from the same plant species (Cannabis Sativa L)

Hemp is mainly considered an “Agriculture Crop”

Marijuana is more of a ”Horticulture Crop”

Hemp made up of less than 0.3% THC

Marijuana has upwards of 15-20% THC

Industrial hemp plants can be male or femaleGrown outdoors closely spaced

Helps crowding out of weeds

Do not have flowering buds

All parts of the plant are used in production (stalk, seeds, leaves

• Selectively Bred, mainly females• Short and wide• Flowering Buds

(contains the THC)•Only part of plant sold

• Cultivated by Native Americans when pioneers came

• Grown until 20th century• Exported to Europe • George Washington and Thomas

Jefferson grew hemp on their plantations

• 1937 Marijuana Tax Act • 1970 Controlled Substances act

2004 9th Circuit of Appeals

2014 Farm Bill: allows states to implement laws allowing agriculture departments and universities to start pilot programs and research programs

31 states now allow growth of hemp

2016 Legislation passed in NC

Pilot program you apply for

As stated, all parts of the plant are used

The oil from seeds can be used in fuel, food, cosmetics

Stalks and its fibers can be made into rope, paper, biocomposites

Leves contain Cannabidiol

Tons of health uses

• China, France are biggest producers with around 40,00 tons each

• Canada and Chile also significant producers

• US biggest importer• Market for Hemp is highest in US • $573 million dollars in 2015• $688 million in 2016 • Expected to grow to 1.8 billion in 2020

Plant 25-40 pounds of seed per acre

Yield usually over 1,000 pounds

Profit is around $400 acre sometimes upwards of $800

• http://ccetompkins.org/resources/industrial-hemp-from-seed-to-market

• http://nationalhempassociation.org/top-commercial-hemp-products-imported-to-the-us-in-2015/

• https://news.medicalmarijuanainc.com/history-hemp-america/

• http://www.ncagr.gov/hemp/index.htm

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