Sunday, December 24, 2006

Marijuana top US cash crop, analyst says

Yahoo News
WASHINGTON (Reuters) - U.S. growers produce nearly $35 billion worth of marijuana annually, making the illegal drug the country's largest cash crop, bigger than corn and wheat combined, an advocate of medical marijuana use said in a study released on Monday. By comparison, the United States produced an average of nearly $23.3 billion worth of corn annually from 2003 to 2005, $17.6 billion worth of soybeans, $12.2 billion worth of hay, nearly $11.1 billion worth of vegetables and $7.4 billion worth of wheat, the report said.

Forbes
THE ESTIMATED VALUE OF Canada's marijuana production-up to $7 billion-exceeds its farm receipts of both cattle ($5.63 billion) and wheat ($1.73 billion), or the $4.3 billion taken in by forestry and logging. Only oil and gas extraction, worth $15.8 billion, is worth more.

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