Hemp is also a threat to the cotton industry, you are correct.
Its just so disappointing to see this remarkable plant with so many uses going to waste.
Hemp has many, many, many uses from being a more durable fiber then cotton, to a replacement to crude in the creation of plastic, to pulling heavy metals out of the ground (at strip mines sites and such) and replacing soil nutrients as part of a crop rotation (to name a few). (And yes, pot has many uses too).
It is a absolutely shameful that these plants have been largely demonized and made illegal by industries and companies that would rather not have a 'natural' plants as prime competition.
But then just about anyone can grow hemp or pot. And there is just no money in that.
"A private central bank issuing the public currency is a greater menace to the liberties of the people then a standing army"
"We must not let our rulers load us with perpetual debt."
"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
-- Henry Ford