Ode to the Bluegrass State of Kentucky for kicking off the hemp boom –

Posted on August 16, 2014. Filed under: Corporate Cannabis, HEMP, Industrial HEMP, KENTUCKY WEED, LATEST NEWS |


Posted on August 15, 2014 by Peter Clausi

Ah, Kentucky: thank you for bourbon and The Derby and good basketball. Now, surprisingly, add industrial hemp to that list.

Hemp is a versatile wonder herb, currently used in food, consumer textiles, building materials, plastics, biofuel, industrial products, fuel, personal care … the list goes on and on. And unlike its cousin cannabis, it contains less than 0.1% THC, so it’s not possible to get high using hemp. It would be like expecting to get drunk by chewing barley!
Hemp-ChartAgriculturally, it’s a welcome addition to a farm, as it suppresses weed growth, does not require much care, can withstand cold temperatures down to about 23F, aerates the soil as part of a crop rotation, and is an efficient oxygen / carbon dioxide exchanger.

Hemp was a major contributor to the economy. For example, until 1883, roughly 75% of all paper in the world was made from hemp fiber. Back home, the 1850 U.S. census documented approximately 8,400 hemp plantations of at least 2000 acres. Hemp was a large supporter of the US economy, right up until 1937 when under the Marijuana Tax Act, 1937 Congress effectively banned the growing of hemp, in hysterical hearings that contained incorrect facts and or unfounded arguments.

Some blame this on Mr. Andrew Mellon (Ambassador to Great Britain, Secretary of the Treasury, and one of the wealthiest people in the country) who had large timber holdings that were subject to possible loss of market share from hemp. We’ll never know the exact politics behind the hearings, but the government (mainly through the Drug Enforcement Agency) has since had a near-maniacal opposition to hemp. And that’s a shame for the economy and the struggling farmers.

Enter Kentucky. It was once the country’s leading producer of hemp, making about 40,000 tons a year just before the Civil War. This year, Kentucky’s Agriculture Department planned to import and distribute hemp seeds for use in pilot projects at four Kentucky universities, as a stepping stone to commercializing hemp product under a federal Farm Bill and reinvigorating the state economy. The DEA seized the seeds. Kentucky immediately sued for their return, and in May, 2014, reached an agreement with the DEA to get the seeds.

The seeds are in the ground, and as of August 1 are thriving, without fertilizer or herbicides. “It’s doing just fine so far,” said Dave Williams, an agronomist at University of Kentucky. “We’ve had enough rain to keep it growing and enough heat to make it grow.” (quote courtesy of The Daily Chronic). The crops should be ready for harvest in late September or early October.

Nine states have now passed bills allowing for hemp production. Eight more have passed bills calling for its study. Hemp is booming.

As a retail product in the USA, over half a billion dollars of hemp products were sold at the retail level alone in 2012, and this at a time when the growing of hemp was still unlawful! One can only imagine the explosive growth when farmers across the country begin harvesting hemp. And as social attitudes and legislation governing cannabis become more permissive, it is not unreasonable to expect the restrictions on growing hemp to ease off as well.

Hemp is poised to be one of the biggest stories over the next decade. Find a way to safely be part of it. And remember to tip your corn mash to the Bluegrass State in thanks.

– See more at: http://investorintel.com/potash-phosphate-intel/ode-bluegrass-state-kentucky-kicking-hemp-boom/#sthash.9XUYQXH9.dpuf

 

About Peter Clausi

Mr. Clausi is an experienced investment banker and corporate director. A graduate of Osgoode Hall Law School and called to Ontario’s bar in 1990, Mr. Clausi has extensive experience in finance, shareholder rights and corporate growth. Mr. Clausi has been a guest lecturer at three Ontario MBA programs, and was an instructor at the Law Society of Upper Canada’s bar admission course for over 10 years. He is scheduled to speak at the 2nd Securities Compliance for Mining Conference in September, 2014. He is executive vice-president of corporate affairs and general counsel of GTA Resources and Mining Inc.; an independent director and audit committee member of Baja Mining Corp.; and an independent director of Aldrin Resources Corp.

View all posts by Peter Clausi →

– See more at: http://investorintel.com/potash-phosphate-intel/ode-bluegrass-state-kentucky-kicking-hemp-boom/#sthash.9XUYQXH9.dpuf

About these ads

Make a Comment

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 )

Twitter picture

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

Facebook photo

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

Google+ photo

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

Connecting to %s

  • MARK CHANDLER, ATTY AT LAW

    MARK CHANDLER, ATTORNEY AT LAW markchandlerlaw.com/ call now: 502-589-6190 mark-chandler-profile LOUISVILLE AREA SERVICES
  • CIVIL RIGHTS ATTORNEY

    CIVIL RIGHTS ATTORNEY ALL AREAS OF KENTUCKY William. M Butler Jr. Attorney at Law 200 South 7th Street, Suite 504 Louisville, KY 40202 Telephone: 502-582-2020 FAX: 502-583-8007
  • My Profile!

    ShereeKrider

    ShereeKrider

    U.S. Marijuana Party - Organizer U.S. Marijuana Party Kentucky Sheree Krider, LLC I have worked with the USMjParty since 2005.

    Verified Services

    View Full Profile →

  • Interviews at Happiness Hills Farm



  • KCADP

    The Kentucky Coalition to Abolish the Death Penalty needs your contact information: Select this link to sign up

    http://kcadp.org/

    Kentucky Coalition to Abolish the Death Penalty Why abolish the death penalty in Kentucky?

    It's costly.
    It's out of step with modern thinking.
    It's risky.
    It's unfair, broken, and arbitrary.
    It's unnecessary.
    Victims' families deserve better.

  • Kentucky Hemp Coalition

    QUOTE “That's my goal as AG Commissioner to continue to build new markets for new agricultural crops and that industrial hemp is a viable option for Kentucky. We know it will grow well in this climate. Used to be the leading crop in Kentucky,” Agriculture Commissioner James Comer kentuckyhempcoalition. blogspot.com/
  • A Democracy

    "A Democracy is when two wolves

    and a sheep take a vote on what's

    for dinner. A Republic is when the

    sheep is well armed and can beg to

    differ with the vote.

    " Benjamin Franklin"

    22 years ago...
    Marijuana, in its natural form, is one of the safest therapeutically active substances known to man.
    ...
    The judge recommends that the Administrator transfer marijuana from Schedule I to
    Schedule II.

    Francis L. Young
    Administrative Law Judge
    September 6, 1988
    Docket No. 86-22
    UNITED STATES DEPARTMENT OF JUSTICE
    Drug Enforcement Administration
    33 years ago...
    "Penalties against drug use should not be more damaging to an individual than the use of the drug itself. Nowhere is this more clear than in the laws against the possession of marijuana in private for personal use."

    President Jimmy Carter
    Message to Congress
    August 2, 1977

  • Kentucky, “Dark and Dangerous Ground”

    The Dark and Bloody Ground

    The popular belief that the name Kentucky means "Dark and Bloody Ground" is apparently without foundation. Yet through the years, the image has persisted in literary and oral tradition as a description of the Kentucky country.

    One traditional explanation sites Delaware legend in which the ancient tribe of the Lenni-Lanape allied with the Iroquois to fight the Allegewi, the original inhabitants of Kentucky. In a single bloody battle the Allegewi were virtually exterminated. The land where an entire nation had been eradicated became known as the "dark and bloody ground". The violent clashes between the Iroquois and the southern Indians only helped reinforce the image.

    In his book, "Historical Sketches of Kentucky" (1874), Richard H. Collins says that a northern Indian once asked Indian fighter Joseph H. Daveiss how white men could live in land that had seen so much bloodshed. The Indian said that the ghosts of those killed in the Indian wars haunted the land making it dangerous.

    At the execution of the Treaty of Sycamore Shoals the Cherokee Cheif Dragging Canoe is said to have told Col. Richard Henderson that the lands south of the Kentucky river were "bloody ground"and would be "dark and difficult to settle". However Ruben T. Durrett said in his book, "The Centenary of Kentucky"(1892) that the phrase was used to discourage Henderson from purchasing the land.

  • Our Environment

    Toxic chemicals in our environment, such as mercury, lead, and certain manmade chemicals, have been linked to cancer, birth defects and brain impairments. Reducing or eliminating the load of these dangerous chemicals in the products we buy, the air we breathe, the food we eat and the water we drink can help reduce the toll of human disease and suffering.

    http://www.nrdc.org/health/default.asp

  • PLEASE DO NOT USE!

    PLEASE DO NOT USE SO CALLED "SYNTHETIC MARIJUANA" OR "SPICE" SOLD UNDER AN EVER INCREASING VARIETY OF NAMES! IT IS NOT MARIJUANA AT ALL AND I AM INSULTED THAT THE WORDS SYNTHETIC MARIJUANA ARE USED TO DESCRIBE THESE SUBSTANCES! "FAKE DRUGS" WOULD SUFFICE! THEY KILL! PLEASE COPY AND OPEN THE LINK BELOW TO READ ONE STORY ABOUT THESE "FAKE DRUGS"! http://www.therepublic.com/view/story/60e0b41dcfeb4c8896f89c4a7409dc99/KY--Synthetic-Drugs/ PARENTS, WATCH YOUR CHILDREN! BETTER TO OFFER THEM THE REAL THING THAN TAKE A CHANCE ON THEM GETTING A HOLD OF SUCH GOD-AWFUL SUBSTANCES! "...Officials said the powdery substance sold as bath salts mimic the effects of cocaine, ecstasy and LSD. It can be snorted, injected or mixed with drinks for food. The chemicals can cause hallucinations, paranoia, rapid heart rates, violent behavior and suicidal thoughts. Synthetic marijuana contains organic leaves coated with chemicals that provide a marijuana-like high when smoked. The product is marketed under various brands include Spice and K2. The synthetic drugs can be purchased on the Internet and in some tobacco and smoke shops, drug paraphernalia shops, gas stations and convenience stores..." OF NOTE: THESE PRODUCTS ARE MOST OFTEN USED BY THOSE WHO ARE FORCED TO SUBMIT TO "DRUG TESTIING".... THAT IS WHY THAT THEY HAVE BECOME SO POPULAR ALONG WITH THE FACT THAT THEY ARE READILY AVAILABLE FOR SALE TO MINORS - OR SOMEONE WHO WOULD PURCHASE FOR A MINOR. THIS HAS TO STOP!
  • RSS Sen. Mitch McConnell News

    • Cool Mitch McConnell gets passionate and pays - Politico May 28, 2015
      PoliticoCool Mitch McConnell gets passionate and paysPoliticoMitch McConnell rarely goes out on a limb on issues that divide Senate Republicans. He's more prone to sit back and listen, let his conference work out their differences — and only then assert his own views. But the majority leader ditched that ...Mitch McConnell Will Do Just About Anything No […]
    • The 3 presidential candidates throwing a wrench in Mitch McConnell's plans - Christian Science Monitor May 27, 2015
      Christian Science MonitorThe 3 presidential candidates throwing a wrench in Mitch McConnell's plansChristian Science MonitorSens. Rand Paul, Ted Cruz, and Marco Rubio have broken with GOP tradition and are not patiently 'waiting their turn' for a shot at the Oval Office. Majority leader Mitch McConnell has tried to manage the challenge in seve […]
    • VIDEO: Mitch McConnell and Snuggly the Security Bear Beg to Spy - Truthdig May 28, 2015
      TruthdigVIDEO: Mitch McConnell and Snuggly the Security Bear Beg to SpyTruthdigAnimator Mark Fiore weighs in on the recent goings-on in Congress with regards to the National Security Agency's far-reaching surveillance. Watch "Mitch McConnell and Snuggly the Security Bear Beg to Spy" and read Fiore's comments, below.
    • Mitch McConnell says he's writing a memoir - Lexington Herald Leader May 27, 2015
      Lexington Herald LeaderMitch McConnell says he's writing a memoirLexington Herald LeaderKnown as one of Washington's savviest politicians, McConnell has given his book the working title The Long Game, a reference to his ability to prevail as a legislator and as a political candidate. He was first elected to the Senate in 1984 and has ...Sen. Mitch […]
    • New York Times: Mitch McConnell's Senate Leaves Washington in Chaos - Breitbart News May 24, 2015
      Breitbart NewsNew York Times: Mitch McConnell's Senate Leaves Washington in ChaosBreitbart NewsThe unexpected legislative collapse on the Senate floor, and Mr. McConnell's morose departure, pointed up the quandary that has emerged since Republicans took control. They have had successes, like passage of the hard-fought bill that could pave the ...Pa […]
  • RSS Ron Paul News

    • VIDEO: Ron Paul Says There Is New Evidence That The US Backed ISIS - Mintpress News (blog) May 27, 2015
      Mintpress News (blog)VIDEO: Ron Paul Says There Is New Evidence That The US Backed ISISMintpress News (blog)ISIS, Ron Paul, Syria, Recently a lawsuit forced the Defense Intelligence Agency to release a 2012 assessment which concluded that US support for Syrian rebels would lead to ISIS victory there and in Ramadi, Iraq. Yet that accurate assessment was ignor […]
    • Ron Paul Petition Fights Mitch McConnell, Despite Rand's Alliance - Daily Caller May 27, 2015
      New York TimesRon Paul Petition Fights Mitch McConnell, Despite Rand's AllianceDaily CallerRon Paul's libertarian activist organization Campaign for Liberty is running a petition to oppose Republican Senate Majority Leader Mitch McConnell's push to renew the Bush administration's USA Patriot Act surveillance programs. Though the group is  […]
    • Ron Paul: On Memorial Day, We Should Remember Heroes Like Snowden ... - BuzzFeed News May 27, 2015
      BuzzFeed NewsRon Paul: On Memorial Day, We Should Remember Heroes Like Snowden ...BuzzFeed NewsRon Paul, the father of presidential candidate Rand Paul, said on Memorial Day, we should honor people such as Pentagon Paper leaker Daniel Ellsberg and NSA leaker Edward Snowden. In a segment on the Ron Paul Liberty Report, the elder Paul noted it ...
    • Ron Paul's celebrity fans aren't flocking to Rand Paul - Washington Post (blog) May 20, 2015
      Wall Street JournalRon Paul's celebrity fans aren't flocking to Rand PaulWashington Post (blog)When it comes to celebrity political endorsements, Republicans usually have to settle for an aging movie star or two, maybe a country singer if they're lucky. Hollywood's politics are decidedly Democratic. But in 2012, Ron Paul was the exception […]
    • Ron Paul investment ad predicts currency crisis, civil unrest - Yahoo Politics May 5, 2015
      Yahoo PoliticsRon Paul investment ad predicts currency crisis, civil unrestYahoo PoliticsRon Paul at the launch of Rand Paul's presidential campaign in Louisville last month. (Photo: Carolyn Kaster/AP). While Kentucky Sen. Rand Paul continues his bid for the 2016 Republican presidential nomination, his father is starring in an ad that ...Coming To A Scr […]
  • RSS Kentucky.Gov Press Releases

  • RSS Kentucky.Gov News

  • RSS Kentucky.gov/hemp

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Law Enforcement, Narcotics, Anti-corruption

  • RSS KENTUCKY SIERRA CLUB

    • Part-Time, Contracted Job Opening: Field Organizer, KY Sierra Club May 13, 2015
      Our Cumberland Chapter of the Sierra Club (aka the Kentucky Chapter), is looking for a part-time organizer to support our work on Mountaintop Removal in Eastern Kentucky. The position is available on a contract basis, and is grant-dependent. The contractor … Continue reading →
    • Job Opening: KY and IN – FT Sierra Club Beyond Coal Senior Campaign Rep May 12, 2015
      Sierra Club’s ground-breaking Beyond Coal Campaign is seeking a Senior Campaign Representative to work in southern Indiana and western Kentucky with a talented team to phase out aging coal plants and replace them with clean, renewable energy. The Beyond Coal Campaign … Continue reading →
    • 2015 KY General Assembly Wrap-Up March 23, 2015
      Weather and Short Session Challenge 2015 Kentucky General Assembly by Ruth Bamberger, Legislative Committee ChairCumberland Chapter, Sierra Club This year should go down as one of the most unproductive sessions of the KY General Assembly, and nature ironically had a … Continue reading →
    • ALERT HB229 Hearing Cancelled March 5, 2015
      ALERT: DUE TO WEATHER – THIS MARCH 5TH HEARING IS CANCELLED – POSTPONED The Clean Energy Opportunity Act, HB229 (see below for details on this bill), was scheduled to receive a hearing today (March 5, 2015), but due to inclement … Continue reading →
    • KY Clean Energy Opportunity Act – Help Us Get It Passed March 3, 2015
      ACTION ALERT: The Clean Energy Opportunity Act, HB229 (see below for details on this bill), is receiving a hearing this Thursday (March 5, 2015). We need your help to get this legislation passed.  Please: Call Your Representative Call the KY … Continue reading →
  • RSS Committee to Protect Journalists – Alerts

    • Colombian president tells CPJ he will prioritize combating impunity in anti-press attacks May 27, 2015
      Bogotá, Colombia, May 27, 2015--In a meeting on Tuesday with the Committee to Protect Journalists and the Colombian press freedom group Foundation for a Free Press, or FLIP, Colombian President Juan Manuel Santos pledged to prioritize combating impunity in attacks against the press.
    • Second journalist killed in Brazil in less than a week May 26, 2015
      New York, May 26, 2015--The Committee to Protect Journalists condemns the murder of Brazilian radio journalist Djalma Santos da Conceição and calls on authorities to investigate and bring all those responsible to justice. Santos da Conceição's body was found with signs of torture on Saturday in the northeast state of Bahia, one day after the journalist […]
    • Brazilian blogger found decapitated in Minas Gerais state May 20, 2015
      New York, May 20, 2015--Brazilian authorities must fully investigate the murder of a Brazilian blogger, identify the motive, and bring the killers to justice, the Committee to Protect Journalists said today. The decapitated body of Evany José Metzker was found on Monday in the southeastern state of Minas Gerais, according to news reports.
    • In Egypt, editor accused of publishing false news May 19, 2015
      Washington, D.C. May 19, 2015--Egyptian authorities today released on bail the editor-in-chief of the privately owned weekly El-Bayan after arresting the journalist on Monday and accusing him of publishing false news, according to news reports.
    • Burkina Faso suspends live political broadcasts by media May 19, 2015
      Abuja, Nigeria, May 19, 2015--The Committee to Protect Journalists calls on Burkina Faso authorities to lift its suspension of live political broadcasts in the country. The three-month ban comes as Burkina Faso prepares to hold elections in October.
  • RSS Voices of the Civil War, a Library of Congress blog

  • RSS Corporate Cannabis

Liked it here?
Why not try sites on the blogroll...

Follow

Get every new post delivered to your Inbox.

Join 14,984 other followers

%d bloggers like this: