December 18, 2006

Cash Crop

What crop accounts for the most money in the USA? Hint: It ain't Petunias. From The LA Times:
Pot is called biggest cash crop
The $35-billion market value of U.S.-grown cannabis tops that of such heartland staples as corn and hay, a marijuana activist says.

For years, activists in the marijuana legalization movement have claimed that cannabis is America's biggest cash crop. Now they're citing government statistics to prove it.

A report released today by a marijuana public policy analyst contends that the market value of pot produced in the U.S. exceeds $35 billion — far more than the crop value of such heartland staples as corn, soybeans and hay, which are the top three legal cash crops.

California is responsible for more than a third of the cannabis harvest, with an estimated production of $13.8 billion that exceeds the value of the state's grapes, vegetables and hay combined — and marijuana is the top cash crop in a dozen states, the report states.

The report estimates that marijuana production has increased tenfold in the past quarter century despite an exhaustive anti-drug effort by law enforcement.
And some numbers:
California ranked as the report's top state for both outdoor and indoor marijuana production. The report estimates that the state had 4.2 million indoor plants valued at nearly $1.5 billion. The state of Washington was ranked next, with $438 million worth of indoor cannabis plants.

California also is among nine states that produce more cannabis than residents consumed, Gettman estimates. According to the National Survey on Drug Use and Health, the state's 3.3 million cannabis users represent about 13% of the nation's pot smokers. But California produces more than 38% of the cannabis grown in the country, the study contends.

Nationwide, the estimated cannabis production of $35.8 billion exceeds corn ($23 billion), soybeans ($17.6 billion) and hay ($12.2 billion), according to Gettman's findings.
Got a case of the munchies just thinking about it... Posted by DaveH at December 18, 2006 10:49 PM
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