Wikipedia - Hemp:
Industrial hemp has thousands of potential uses, from paper to textiles to biodegradable plastics to health food to fuel but it has not been the great commercial success that the enthusiast hoped for in countries where it is legal to harvest. It is one of the fastest growing biomasses on the planet, and one of the earliest domesticated plants known. It also runs parallel with the "Green Future" objectives that are becoming increasingly popular. Hemp
requires little to no pesticides, replenishes soil with nutrients and nitrogen, controls erosion of the topsoil, and produces lots of oxygen, considering how fast it grows. Furthermore, Hemp could be used to replace many potentially harmful products, such as tree paper (the process of which uses bleaches and other toxic chemicals, apart from contributing to deforestation), cosmetics (which often contain synthetic oils that can clog pores and provide little nutritional content for the skin), plastics (which are petroleum based and cannot decompose), and more.
I know it is wikipedia...
Popular Mechanics - 1938 - New Billion Dollar Crop:
Hemp is the standard fiber of the world. It has great tensile strength and durability. It is used to produce more than 5,000 textile products, ranging from rope to fine laces, and the woody "hurds" remaining after the fiber has been removed contain more than seventy-seven per cent cellulose, and can be used to produce more than 25,000 products, ranging from dynamite to Cellophane.
From the farmers' point of view, hemp is an easy crop to grow and will yield from three to six tons per acre on any land that will grow corn, wheat, or oats. It has a short growing season, so that it can be planted after other crops are in. It can be grown in any state of the union. The long roots penetrate and break the soil to leave it in perfect condition for the next year's crop. The dense shock of leaves, eight to twelve feet above the ground, chokes out weeds. Two successive crops are enough to reclaim land that has been abandoned because of Canadian thistles or quack grass.
However, the connection of hemp as a crop and marijuana seems to be exaggerated. The drug is usually produced from wild hemp or locoweed which can be found on vacant lots and along railroad tracks in every state. If federal regulations can be drawn to protect the public without preventing the legitimate culture of hemp, this new crop can add immeasurably to American agriculture and industry.
And that was back when a billion dollars meant something.
The Composition of Hemp Seed Oil
and Its Potential as an Important Source
of Nutrition:
Introduction
Hemp (Cannabis sativa L.) seed oil is valued primarily for its
nutritional properties as well as for the health benefits associated with
it. Although its fatty acid composition is most often noted, with oil
content ranging from 25-35%, whole hemp seed is additionally comprised
of approximately 20-25% protein, 20-30% carbohydrates, and
10-15% fiber, along with an array of trace minerals (Deferne and Pate,
1996). With a complete source of all essential amino and fatty acids,
hemp seed oil is a complete nutritional source. In addition, constituents
exist within the oil that have been shown to exhibit pharmacological
activity (Deferne and Pate, 1996; Erasmus, 1999).
Hemp seed oil contains linoleic acid (LA) and alpha-linolic acid
(LNA) as its major omega-6 and omega-3 polyunsaturated fatty acids
(PUFA), respectively. These fatty acids comprise the most desirable
contents of the oil, especially due to the ratios in which they exist. The
3:1 ratio of LA to LNA is alleged to be optimal for nutrition (Deferne
and Pate, 1996; Callaway, Tennila & Pate, 1996; Erasmus, 1999). The
additional presence of gamma-linolenic acid (GLA) in hemp seed oil
ultimately makes its nutritional value superior to most comparable
seed oils. The myriad of benefits reported to be attributable to omega-
3 PUFA include anticancer, anti-inflammatory, and anti-thrombotic
properties. In addition, dietary omega-3 PUFA help to increase general
metabolic rates and promote the burning of fat (Erasmus, 1999; Simopoulos,
1994)
You absolutely must read this paper!
[http://raskin8500-226.rutgers.edu/~alexanderpoulev/HempOil.pdf]