More than 100 years ago hemp production was booming. In fact, Wisconsin was a leading producer with nearly 7,000 acres of hemp farmland. In the 1700s farmers were even legally required to grow hemp as a staple crop. Hemp was used in a variety of products, including paper, lamp fuel, and rope. The Declaration of Independence is even drafted on hemp paper.
Throughout history, hemp has been regulated and production decreased. However, in 2018, the Hemp Farming Act of 2018 was passed as part of the U.S. Farm Bill. This bill removed the hemp plant, along with seeds and derivatives from the Controlled Substances Act.
Today, hemp production is picking back up in the U.S. It is being produced to be used in a variety of applications and products.
What is hemp?
Hemp, also known as industrial hemp, is a plant which is cultivated for its fiber, hurd, and seeds. It is used worldwide to produce a number of industrial and consumer products. Hemp is known for its ability to thrive in diverse climates and soils, requiring minimal water and pesticides. Since it grows both quickly and densely, it helps suppress weed growth, reducing the need for herbicides. Its short growth cycle, typically around four months, allows for farmers to harvest multiple times within a single year, leading to a faster return on investment. Hemp also provides a variety of environmental benefits like absorbing a substantial amount of carbon dioxide during its growth.
What is hemp used for?
Hemp can be grown as a fiber, seed, or dual-purpose crop. It is used in a variety of forms. The seeds can be pressed into oil that is used in many applications from salad dressing to paint. Seeds can also be ground down and used in protein powder or even hemp milk. They are rich in protein, healthy fats, and essential nutrients, making them a valuable addition to the human diet.
Hemp fiber is extremely strong, so it makes a great material for canvas, carpet, rope, and bags. Today, hemp fibers are being used to create sustainable clothing and accessories, reducing the environmental impact of the fashion industry.
Hemp oil and extracts are used in a range of products, including cosmetics, supplements, and building materials.
The hurd is the core of the hemp plant stem. It has great acoustic and thermal properties. It is used in insulation, paper, and biodegradable plastics.
Hemp is a versatile plant that is only increasing in popularity. The number of acres licensed in hemp has quadrupled in 2019 and will only continue to increase in the coming years. SECURA Insurance offers hemp insurance coverage. Whether your operation is focused on hemp harvesting, seed sales, or seedling growing, SECURA has customized coverages for hemp businesses and farms. Click here to read more about the coverage options offered.