Monday, December 18, 2006
Report: USA's biggest cash crop is now pot.
Marijuana is now America's biggest cash crop, according to an analysis of government stats produced by marijuana public policy analyst Jon Gettman.
Link to LA Times article. (Thanks, Stephen Lindholm)[The report] 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. (...) 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.
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