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Re:Farmers rushed into hemp, but now face a glut by vkou on Tuesday December 03, 2019 @02:10PM (#21695524)
> That's a leap too far, especially considering the current chaotic state of the laws governing its use.

As the parent poster said, in most of the rest of the world, there are no such laws governing its use, and for some reason, nobody in it really has much of a need for this 'miracle' plant.

How do you explain that?

Re:Farmers rushed into hemp, but now face a glut by oblib on Tuesday December 03, 2019 @05:43PM (#21697663)
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.