Being hemp so easy, sustainable and economic to grow, one would expect it to be much cheaper than it is at the moment. Why, therefore, is it so expensive compared to cotton?
Is it because of the scarce economy of scale in the current market?
Cotton industry produces hundreds of time more volume than the Hemp industry does.
It allows cotton industry to do huge Economies of scale, making the size of the primary intrans and transportation low in the final price. I guess economies of scale are largely linked with size of the market anyway.
Moreover, basic hemp clothes that were built back in the ages were rough. It must require more complicate processing to become smooth, and that would explain why it was abandoned and quickly replaced by cotton.
Also Consumers have to pay the price for thus new industry to start.
Fed says inflation will rise but not fast enoughAs a hemp clothing retailer I can tell you that I mostly just get the product from the manufacturer and pay about 50% of what they sell it for. I dont mark it up to the full 100 though but nobody is really buying that stuff right now so in that way it is more of a novelty.
Because the manufacturer knows I will pay those prices, but their sales probably aren't as consistent as a corporate chain. Another thing is inflation, most economists agree that deflation is like the worst thing that can happen to the economy. But is it possible that the old bubble has to burst in order to begin the cycle of renewal? I don't always find the prices at the groccery store that sustainable either. For vegan living the portions and quality of the produce... sometimes I'd rather just grow my own.
The hemp brands which are made in the USA sustainably, fair trade and everything are $70 dollars for swim shorts these days but they're stitched together in the U.S. I've thought about making my own line of hemp clothing but I can assure you I have no experience and it wouldn't match the quality of Hempys goods.
Many Hemp companies will require additional revenue for lobbying efforts and court fees as well, everythings more expensive in California (designer fashion), and people feel entitled to the wages that will make the dream a reality. But with every industry too big to fail(jail) we have all these economists telling us the economy is doing good inflation is a good thing. For some maybe, idk about the middle class.
But much like natural treatment options for disease management, The main financial interests in our society just dont always align what's right with what's economical or "mainstream" I tried getting used to modern living only to find I had to return to a more plaeo frugivore lifestyle. The best things in life money just can't buy. I always wonder, if there was a Johnny Appleseed what on earth happened to all the apple trees?