There's a battle brewing in Congress over hemp production. America is the only country in the world that bans domestic growing of hemp because it contains THC--the psychoactive substance present in marijuana (though industrialized hemp contains very small amounts of it). H.R. 1866: Industrial Hemp Farming Act of 2009 would "amend the Controlled Substances Act to exclude industrial hemp from the definition of marijuana." The bill was introduced by Ron Paul, who says its passage would be a boon for farmers.
According to CNBC, hemp product sales are on the rise due to the strength of the fiber and the healthy nature of its seeds. See their segment on the battle below and take our poll under the video!