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Before I commented I did a google search on hemp laws in China and they have very strict laws on it there. And we have strict laws on what can be imported here,
by oblib 7y ago
Before I commented I did a google search on hemp laws in China and they have very strict laws on it there. And we have strict laws on what can be imported here, so I'm not really sure what the parent poster is talking about. Basically we can import stalks and seeds that can't germinate here.
I don't know what those sell for but it's probably pretty hard to beat the price of what could be grown here legally.
Levi corporation announced just this year a line of the jeans and other clothes to be made with hemp. I think they're being made offshore but the point that it will take time for industries to ramp up for using hemp is made by that single case alone.
The market for it will surely grow from this point and likely peak and stabilize pretty quickly and, no, it won't be a "get rich bonanza" for farmers because it will grow almost anywhere here but it will be another crop they can grow and sell and that's good thing.