MCViewPoint

Opinion from a Libertarian ViewPoint

Instead of Paying Farmers Subsidies to Grow Unprofitable Crops, Wouldn’t It Make More Sense to Legalize Hemp Agriculture and Unleash Billions in Profit Potential? | The Daily Sheeple

Posted by M. C. Fox on August 6, 2018

http://www.thedailysheeple.com/instead-of-paying-farmers-subsidies-to-grow-unprofitable-crops-wouldnt-it-make-more-sense-to-legalize-hemp-agriculture-and-unleash-billions-in-profit-potential_082018

INSTEAD OF PAYING FARMERS SUBSIDIES TO GROW UNPROFITABLE CROPS, WOULDN’T IT MAKE MORE SENSE TO LEGALIZE HEMP AGRICULTURE AND UNLEASH BILLIONS IN PROFIT POTENTIAL?

Keeping American farmers in business is a top priority, no doubt. But many are wondering why this administration hasn’t tried to shift focus onto a more profitable plant for farmers: hemp. It was recently revealed that the Senate’s 2018 Farm Bill included legislation which would legalize the cultivation of hemp here in the U.S. If passed, the bill would allow for hemp to be sold as an agricultural commodity and remove it from the list of federally controlled substances.

Further, Senate Majority Leader Mitch McConnell’s office reports that the bill would give hemp researchers the ability to apply for grants from the Agriculture Department and make hemp farmers eligible for crop insurance — and states would be allowed to regulate hemp, too. This is all great news; hemp is a plant with enormous potential for profits. Why isn’t it legal yet?…

But CBD’s biggest claim to fame may be its ability to help children with intractable seizure disorders; the plant compound has been proven as an effective treatment for seizure disorders like Dravet’s syndrome. The FDA has even given a CBD synthetic produced by Big Pharma the green light. And yet, growing the plants which contain CBD on American soil remains illegal at a federal level.

Hemp can also be used for a wide variety of things: Hemp can be used to make paper, clothing, food, medicine, fuel and more. It’s estimated that some 25,000 products can be made from hemp. But it’s usefulness as a product isn’t its only benefit: For farmers, hemp is fairly simple to grow — and cheap too. Not only will hemp unleash billions of profits for the farming industry, it is a very environmentally friendly crop. In some areas of the U.S., farmers have already gotten the green light to grow hemp — and those farms are reporting revenue of $90,000 per acre from CBD oil alone. Comparatively, farmers make $600 per acre on alfalfa plants, which are grown under similar conditions…

Geoff Whaling, chairman of the National Hemp Association explains, “It uses more water at the very beginning of its growth,” said “But once it kind of passes its early development stage—about three weeks—it becomes one of the most drought-tolerant crops on the planet.” Because of this, hemp could be a vital tool for water preservation.

You can learn more about hemp, CBDs and legalization at CBDS.news.

Be seeing you

2plus2

George Orwell and Joseph Goebbels

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: