For years, activists in the marijuana legalization movement have claimed that cannabis is America's biggest cash crop. Now they're citing government statistics to prove it.
A report released today by a marijuana public policy analyst 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.
Shameless local plug:
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.
When Archer Daniels Midland finds out about this, pot may be on the road to legalization. We assume they have more lobbyists and political clout than the DEA.