California Governor Jerry Brown signs new hemp bill

Brent Miller poses for a photo with marijuana plants ready to harvest in one of the grow rooms of his medical marijuana grow operation, Thursday, May 16, 2013, in Seattle. Officials in Washington state released a draft set of rules for the state's new marijuana industry Thursday, nearly eight months after voters here legalized pot for adults. (AP Photo/Ted S. Warren)

October 1, 2013 6:01:47 PM PDT
California farmers can start growing hemp for industrial purposes after Governor Jerry Brown signed a new bill into law last week.

Hemp contains trace amounts of THC, the active component in cannabis.

Farmers could grow it for the sale of seed, oil and fiber, which is something already legal in nine other states, if the federal government lifts its hemp cultivation ban.

This could be an agricultural windfall since, half a billion dollars worth of hemp products were sold last year.

All of that raw hemp was imported.