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Industrial Hemp in the United States: Status and Market
Potential
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Industrial Hemp in the United States: Status and Market
Potential. U.S. Department of Agriculture. AGES001E.
Abstract
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.
Keywords: industrial hemp, markets, bast fiber, hurds, seed, oil
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