Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Business News

How hemp could be used to stop marijuana at the border #YeahOk

(BUSINESS NEWS) 2019 was one wacky year. Maybe that’s why the possibility of building The Wall out of hemp doesn’t shock us anymore?

hemp marijuana

Show of hands, how many of you believe people eating tide pods was this year? Seems at least five years ago, right? That’s because 2019 was a humdinger when it comes to the pace of the news cycle. And due to that, you might have missed this little tidbit about The Wall, Steve Bannon and hemp, of all things.

After President Trump legalized hemp almost a year ago, this plant started sprouting up in farms across the country. According to Quartz, hemp experienced a planting surge of 368 percent in 2019 as compared to 2018 planting data. Of course, you can chalk that up to the explosion of the CBD industry. But there are other industrial uses for this hearty plant. Enter hempcrete and The Wall.

Former Trump strategist Steve Bannon is reportedly enamored with hempcrete, a concrete compound made with 40 percent hemp byproducts. Bannon is on record telling Vice News that “I’m obsessed with the hempcrete. I think this plant has got tremendous entrepreneurial aspects to it, and it’s innovative.”

There’s more evidence to suggest Bannon considered hempcrete for The Wall. After Bannon raised millions of dollars to build his own private border wall in May, he told Politico reporters that, “Do you understand the irony of using hempcrete to keep out marijuana?” That got us wondering: could there be a hempcrete border wall? Some analysts say that it could be possible, in theory.

“One million acres of hemp builds Trump’s wall and $700 million buys the hemp, a pittance compared to overall construction estimates ranging from $15 billion to $70 billion,” wrote Chris Bennett in reporting for Ag Web Farm Journal.

Advertisement. Scroll to continue reading.

$700 million would be a huge boon for cannabusiness — that is if supply could keep up with demand. US Farmers have only grown a little under 130,000 acres of hemp this year. For a hempcrete wall to be even slightly feasible, farmers would have to massively step up supply OR import the crop from overseas. That doesn’t gel well with Trump and Bannon’s trade agenda, does it? Plus, the price point, while much better than non-hempcrete construction estimates, is still much more than the 22 million managed to raise during Bannon’s GoFundMe effort this year.

Looks like without funding assistance from the feds and an incentive for farmers to grow more hemp, hempcrete border wall is just another pipe dream.

Alexandra Bohannon has a Master of Public Administration degree from University of Oklahoma with a concentration in public policy. She is currently based in Oklahoma City, working as a freelance filmmaker, writer, and podcaster. Alexandra loves playing Dungeons and Dragons and is a diehard Trekkie.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

Business News

Are you asking the wrong questions? A Human Resources expert discusses the best and worst questions asked during candidates interviews.

Business News

(BUSINESS) What do you need to think about and explore if you want to apply for a Board of Directors? Here's a quick rundown...

Business News

A job interview should be a place to ask about qualifications but sometimes things can go south - here's how to escape when they...

Video

This week on AG Live we dive into some fascinating changes in the tech and business worlds.

Advertisement

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.