Hemp is Changing the World One Industry at a Time

Since growing hemp has been illegal for almost a full century, researchers have been unable to learn all of the benefits associated with it. Currently, 23 states have an active hemp industry or have authorized hemp research. Hemp is a distinct variety of the cannabis plant but it is not the same as marijuana. Although hemp is commonly associated with marijuana, it should not be.

The benefits associated with hemp are endless. A number of products which are used by people every day can be created from hemp. These include paper, clothing, building materials, fuel, and nutrition.

The best part about growing hemp is the conditions which it can grow under. If you look at pictures of New York from the mid-1900s, hemp was growing everywhere. Hemp has multiple growing seasons and it can be grown in some of the toughest environments. Researches have estimated that the Florida hemp industry could be a $460 million dollar industry per year.

Hemp Does Not Get You High

Currently, 23 states have an active hemp industry or have authorized hemp research. Hemp is a distinct variety of the cannabis plant, but it is not the same substance as marijuana. Although hemp is commonly associated with marijuana, it should not be.

Industrial hemp and marijuana are two completely different plants, inside and out. Hemp contains a very small amount (less than 1%) of tetrahydrocannabinol (THC), the primary psychoactive ingredient in marijuana (the chemical that gets a user high). Legal marijuana has a much larger amount of THC (between 15%-30%).

Capitalizing on Hemp

We have been monitoring companies levered to this industry and one in particular has a unique advantage over the competition. That company is Hemp Blue, Inc., and its Co-Founder Derek Thomas has been able to position the company for success through strategic business initiatives.

Hemp Blue is about to revolutionize the fashion industry striving for the next level denim clothing made from hemp. After becoming an ArcView member, Derek has been able to bring Hemp Blue out of its developmental phase. Today, they made their brand debut via Kickstarter and are taking preorders for their first production run. The campaign runs for 30 days. Hemp Blue shirts and jeans for men and women will start at $95. The first 100 backers get an early bird special for $85. 

Thomas said, “The fight for industrial hemp legalization isn’t just about fiber or seed. This fight represents one solution to some of the most important and challenging issues facing society. Jobs, economic growth, state’s rights, sustainability, social consciousness, and our personal freedoms are at stake. A win for hemp is a win for humans and the earth. Hemp Blue is here to spread that message and our medium is denim artistry.

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Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Technical420.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.

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