Three states – Colorado, Oregon and Vermont – have already passed similar measures. Farmers in SE Colorado started harvesting the plant in 2013, effectively nullifying federal restrictions on such agricultural activities. A similar bill passed the Tennessee legislature this year and awaits action from Gov. Haslam.
Experts suggest that the U.S. market for hemp is around $500 million per year. They count as many as 25,000 uses for industrial hemp, including food, cosmetics, plastics and bio-fuel. The U.S. is currently the world’s #1 importer of hemp fiber for various products, with China and Canada acting as the top two exporters in the world.
via South Carolina passes bill to nullify federal hemp ban.
