The History of Hemp as Currency in the United States

Learn about how hemp was used as currency in the United States hundreds of years ago and why it is important today.

The History of Hemp as Currency in the United States

In the United States, hemp cultivation is illegal, despite the fact that Americans legally buy hundreds of millions of dollars worth of hemp products. This is especially ironic when we consider that hundreds of years ago, hemp was actually used as legal tender in the states of Pennsylvania, Virginia, and Maryland. In 1619, one of the first laws on hemp was established in the Virginia Assembly, requiring many settlers to grow hemp and fining those who didn't. Fast forward to the 1940s, when the government still understood how important hemp was to our society.

The government offered deferments from military service during World War II to farmers who grew hemp, and even delivered fertilized hemp seeds to them. Just a few months after this began, in 1943, farmers who were part of this system produced more than 375,000 acres of hemp. Unfortunately, after this period of time, hemp fell victim to intense propaganda and special interests. The government no longer distinguished between industrial hemp and psychoactive cannabis, and hemp remains illegal at the federal level.

Despite this, numerous states have legalized hemp at the state level, and farmers are growing it right now. The joint blog strives to help our readers keep up with the ever-changing landscape of this industry through valuable content and top-notch products. A hundred years ago, the federal government didn't care much about marijuana, the common name for Cannabis sativa L., which was also known as hemp. The Marijuana Tax Act of 1937 stamp is required for the legal import and export of the drug.

In 1631, hemp was used as money in all the American colonies (and in 1776, the American “Declaration of Independence” was drafted on hemp paper). However, in practice, industrial hemp was trapped in anti-doping legislation, which made the import and commercial production of hemp in this country less economical. Today's society is beginning to understand the importance of hemp once again. Hemp has a variety of uses from clothing to food products to medicinal purposes.

It is a sustainable crop that can be grown without pesticides or herbicides and can be used to make paper products that are more durable than those made from trees. Hemp is also a great source of nutrition and can be used to make a variety of foods such as milk, cheese, butter, and even ice cream. Hemp has been used for centuries as a source of currency and it is time for us to recognize its importance once again. We must continue to push for legislation that will allow us to cultivate and use this amazing plant for its many benefits.

Christy Cancio
Christy Cancio

Typical coffee fanatic. Evil bacon junkie. Proud food junkie. Wannabe zombie maven. Subtly charming travel maven.