We can make over 25,000 things with it. Farmers love it. Environmentalists love it. You can't get high from it. So why is it still illegal?

While Uncle Sam's scramble for new revenue sources has recently kicked up the marijuana debate -- to legalize and tax, or not? -- hemp's feasibility as a stimulus plan has received less airtime.

But with a North American market that exceeds $300 million in annual retail sales and continued rising demand, industrial hemp could generate thousands of sustainable new jobs, helping America to get back on track.

But growing hemp remains illegal in the U.S. The Drug Enforcement Administration has lumped the low-THC plant together with its psychoactive cousin, marijuana, making America the planet's only industrialized nation to ban hemp production. We can import it from Canada, which legalized it in 1997. But we can't grow it.