X4More, as far as I know, there are no PURE PLAY h
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Posted On: 02/20/2021 11:42:22 AM
X4More, as far as I know, there are no PURE PLAY hemp lumber companies. The hemp lumber industry is far too new for that. Most companies producing hemp lumber tend to be private companies, at the current time. Hemp Inc. is one company (located in North Carolina) that is involved in hemp lumber, but I would not recommend investing in them because that stock has just not performed well.
In my opinion, the hemp lumber industry is well worth keeping an eye on for future investment possibilities. When this industry finally matures enough to form public companies I suspect one could make a lot of money. The lumber industry is worth billions, and combined with hempcrete, an enterprising company could nearly build an entire home using only hemp products. The health benefits of living in a hemp constructed home will sell itself --- children tend not to develop allergies, fewer lung related illnesses, reduced mold and mildew problems, and of course little if any rot and insect problems.
The issue comes down to scale. Thousands of acres will need to be planted to supply the needs of a full scale hemp lumber business. Typically, this means a company may have to do both --- farming as well as home construction --- not an easy task for anyone. Personally, I look for hempcrete to take off first, but lumber will certainly follow very quickly. Hempcrete holds up much better than concrete in areas prone to earthquakes, because it flexes and does not crumble.
Sorry that I cannot recommend a pure play hemp lumber company that trades publicly at this time, but keep an eye opened if you like investing.
In my opinion, the hemp lumber industry is well worth keeping an eye on for future investment possibilities. When this industry finally matures enough to form public companies I suspect one could make a lot of money. The lumber industry is worth billions, and combined with hempcrete, an enterprising company could nearly build an entire home using only hemp products. The health benefits of living in a hemp constructed home will sell itself --- children tend not to develop allergies, fewer lung related illnesses, reduced mold and mildew problems, and of course little if any rot and insect problems.
The issue comes down to scale. Thousands of acres will need to be planted to supply the needs of a full scale hemp lumber business. Typically, this means a company may have to do both --- farming as well as home construction --- not an easy task for anyone. Personally, I look for hempcrete to take off first, but lumber will certainly follow very quickly. Hempcrete holds up much better than concrete in areas prone to earthquakes, because it flexes and does not crumble.
Sorry that I cannot recommend a pure play hemp lumber company that trades publicly at this time, but keep an eye opened if you like investing.
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