Apart from food and CBD, hemp is generally more environmentally friendly than cotton and grows in a far wider range of climates and is softer than the fibres you mentioned.
Then there are cosmetics, hempcrete, animal feed, bioplastics, etc...
I found this statement hard to believe, so I checked. I can confirm you are right, and by a large margin. Wikipedia has a comparison of vegetable oils . Hemp oil has the most polyunsaturated fatty acids, at 82%. However, it has a low burning point, so I guess it's best to use it in salads, rather than for frying.
"That would create a legal market for CBD that could be worth more than $20 billion by 2022, according to research firm Brightfield Group. ... Next year alone, sales of hemp-derived CBD in the U.S. are expected to rise almost 10-fold to $5.7 billion, according to Brightfield."
I guess it wouldn't have the addictive qualities of nicotine, but addiction means people wouldn't switch away in the first place.
Nobody really paid any attention to it until guys started coming home from Vietnam and they'd point it out.
When I was around 11-12 some friends and I got our hands on a paper grocery sack full of plants someone had found. No buds on them, just leaves and stalks. We probably smoked about half of it up before someone older told us it was "hemp" and wouldn't get us buzzed. It was about a week after that most everyone I knew had heard about us. Kids were getting "grounded" all over town just for knowing us.
Soon after the local Ag Dept guys started campaigns to eradicate it and did a pretty good job of it. Probably sprayed tons of pesticides along miles and miles of those old farm roads to do it.
He was wanting to know about strains and what bugs eat it and fertilizers to use and was especially worried about growing plants that had levels of THC that were too high, even by just a tiny amount. He didn't want get busted for that.
It's been a few generations gone by since it was legal to grow hemp as a crop. They'll have to relearn it and that will take some time.
> Historically, hemp production had made up a significant portion of antebellum Kentucky's economy. Before the American Civil War, many slaves worked on plantations producing hemp.
> Hemp was used extensively by the United States during World War II to make uniforms, canvas, and rope. Much of the hemp used was cultivated in Kentucky and the Midwest.
Tobacco looks very similar to marijuana and many farmers would have small bits of marijuana dispersed amongst several hundred acres of Tobacco.
Source: born and raised in KY. Left to join the US Army and then work in LA and Chicago as a software engineer.
Hemp has the same kind of high-income-to-low-work cred as tobacco, but times 20!
They also still have all the equipment necessary for processing hemp as it is similar to processing tobacco.