If Farmers could grow it there could be 25,000 new companies in a couple of years. From textile mills, paper mills, plastic companies, lotion companies, oil companies and on and on.
Right now, Canadian company Motive Industries, Inc., is testing the materials for a biocomposite hybrid electric car made from hemp and other natural and synthetic fibers.
http://marijuanacannabis.wordpress.com/2011/03/15/canadian-hemp-car-to-b...
Henry Ford experimented with hemp to build car bodies. He wanted to build and fuel cars from farm products.
BMW is experimenting with hemp materials in automobiles as part of an effort to make cars more recyclable.
The UK has been growing it for almost 10 Years now.
So when Can the US Catch up with The Global Market?