Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CGPR CONSOLIDATED GROWRS & PROCESRS -- Ignore unavailable to you. Want to Upgrade?

To: Will Gamble who wrote (14)	3/4/1999 6:44:00 PM
From: dirtroad	Respond to of 47

Wilson, You are becoming quite the hemp authority. Yes, I have heard of the hemp beer. There was an article a few weeks ago about it being served on Air Force One. In fact there is a current story about it (see attached link)http://www.mapinc.org/drugnews/v99.n240.a07.html I'm not sure if this is investor quality stuff. There are a lot of potential products that can be made from hemp, but I don't think hemp beer will ever be able to compete for a significant market share of the beer buying public. Perhaps as a small nitch player but I doubt much beyond that. I think the greater long term potential (at this time) is in CGPR who produces the hemp seed which the beer is made. Many possible products for seed, not just a fad (IMHO) beer. There is one company developing containers made from hemp. They are to replace the polyfoam containers you get at hamburger stands etc. The advantage being the containers themselves can be flavored and eaten as part of the meal. Should you choose to litter instead, it breaks down to a natural organic soil nutrient and benefits the environment rather than polluting it. What a deal. I know a couple of other people who are looking at CGPR. We may have others on the thread someday. We have the company, now we just need the patience.

To: Will Gamble who wrote (14)	3/10/1999 2:42:00 PM
From: dirtroad	Read Replies (1) \| Respond to of 47

Will, found a new article today on efforts to allow US farmers to grow hemp. Text of story: March 9, 1999 U.S. Farmers Want Hemp Ban Lifted Farmers throughout the U.S. want the federal government to stop saying "No" to hemp and is urging lawmakers to lift the current ban on the plant's cultivation, U.S. News and World Report reported March 15. Last fall, David Monson, a North Dakota farmer, realized a mere $25-an-acre profit from his wheat, barley and canola fields. Just 20 miles away, across the border in Canada, farmer Brian McElroy planted his first crop of industrial hemp and earned $225 an acre. Last year was the first time since 1930 that farmers in Canada were permitted to grow industrial hemp. Now, U.S. farmers are urging the federal government to follow Canada's lead and legalize the cultivation of hemp. Although there is a ban on hemp cultivation in the U.S., the federal government does allow the sale of hemp products. According to Hemptech, a California consulting company, global hemp sales rose from less than $3 million in 1993 to $75 million in 1997. Sales in the U.S. alone reached $50 million. Farmers say industrial hemp contains negligible amounts of THC, the mind-altering chemical found in marijuana, but its cultivation is lucrative. Among the products made from hemp are cosmetics, carpets, salad oil, paper, construction materials and biodegradable auto parts. The U.S. Office of National Drug Control Policy, however, warns that legalizing hemp cultivation could result in marijuana plants being grown and hidden in fields of industrial hemp. CIA Director R. James Woolsey, a proponent of hemp, said that assumption by the Office of National Drug Control Policy is off the mark. "If you want to get rid of marijuana, there's nothing better to do than plant a lot of industrial hemp," said Woolsey. He explained that densely planted hemp fields are unconducive to marijuana cultivation because when hemp cross-pollinates with marijuana, it lowers the potency of marijuana. Monson, who also serves in the state legislature, has sponsored three pro-hemp bills. "We in North Dakota believe this is a legitimate crop that can make us some money, help the environment, and maybe save some family farms," said Monson. Virginia's legislature recently endorsed "controlled, experimental" cultivation of hemp, and similar pro-hemp measures are pending in 11 other state legislatures, including Hawaii and Vermont. However, state efforts will fail unless President Clinton issues an executive order removing hemp from the Drug Enforcement Administration's (DEA) controlled-substance list, or the DEA takes action itself. -------------------------------------------------------------------- (Mail ID: 2503) Find this article useful? You'll find 20,000 more just like it on Join Together Online ( jointogether.org ). Or, get the news via email. Subscribe for free at jointogether.org. Reproduction or distribution of this information is encouraged! Join Together, a project of the Boston University School of Public Health, is a national resource for communities working to reduce substance abuse and gun violence. For information, send email to info@jointogether.org