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June 14, 2019 | Hemp: A Biodegradable Replacement for Many Petrochemical Materials

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Naturally-occurring, hemp can be used to manufacture many biodegradable products to replace those presently derived from petroleum, such as plastics. See Industrial Hemp is the answer to petrochemical dependency:

Industrial hemp, not to be confused with marijuana, was recently removed from the federal government’s schedule of controlled substances in the 2018 Farm Bill. The crop can be used to make everything from biodegradable plastic to construction materials like flooring, siding, drywall and insulation to paper to clothing to soap to biofuels made from hemp seeds and stalks. Porsche is even using hemp-based material in the body of its 718 Cayman GT4 Clubsport track car to reduce the weight while maintaining rigidity and safety.

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June 14th, 2019

Posted In: Juggling Dynamite

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