Kratom is around for a while now, and it is available at more than 10,000 shops in the US. Many people who buy kratom do so for its unique properties and don’t look much into its other implications. At the same time, many curious-minded kratom buyers often ask, ‘what does kratom do to the economy?’
This is a question that you can find very commonly on Reddit Kratom pages and other blogs on the internet. Given the fact that there are more than five million regular kratom buyers in the US, kratom should do something to the economy, isn’t it?
In this article, we put together everything that we know about the impact of kratom on the economy in the US and Southeast Asian countries where it comes from. But first, let’s take a look at some small information about Kratom.
About the Kratom Herb
The Kratom plant grows deep inside the Southeast Asian forests. While plants belonging to the kratom family also grow in Africa, Mitragyna Speciosa in specifically is only found in Southeast Asia. This is why you do not see African kratom in the markets.
Mitragyna Speciosa is quite different from the other plants that belong to the same coffee family. It is a tall tree that has smooth bark and expanding branches. These branches give off hundreds of leaves per cycle. And based on where you find the leaves on the tree and the vein-color, they could have varying quality. This applies to all types of kratom.
There are two major components present in Kratom. These are Mitragynine and 7-hydroxymitragynine. Both of these come under the class of alkaloids and are present in varying amounts in different kratom strains.
What is the effect of Kratom on the Economy of Indonesia?
If you look at it, kratom affects the economy in many interesting ways. Firstly, take the example of Indonesia. Today, Indonesia is among the top makers of kratom. Here, farmers cultivate kratom on a very large scale to meet the growing demands of buyers in the US.
So, kratom has really increased the exports of Indonesia. After all, a big chunk of kratom for sale in the US has Indonesian roots. Based on reports, this high sale has helped local farmers in becoming quite rich. Many farming families that started off with nothing, but a small hut can now afford expensive machinery in their farms. And all credit for that goes to the sale of kratom.
There is one very interesting fact to note here. Kratom is not legal in Indonesia for local sale and purchase. Yet, the export of Kratom is legal. Clearly, the Indonesian government acknowledges the high revenue that Kratom generates for the country and the positive impact it has on the lives of thousands of families that grow kratom as their staple.
What Does Kratom Do to the Economy in the US?
In the US, the story is also quite similar. The US does not export kratom. However, it is one of the major importers of this botanical herb. After all, their thousands of active shops in the US where you can buy kratom bulk from.
If you are thinking ‘where can I buy kratom from in the US’, the ‘Green Leaf Kratom’ store is the more reliable option. It is one of the very few kratom stores that actually bring their kratom capsules and powder straight from Southeast Asian countries.
Nevertheless, the US imports a lot of kratoms. And somebody must sell it, right? It is not possible for a single source to distribute all of this kratom in the US. Rather, thousands of active kratom stores do this job.
And in doing so, they generate a revenue of more than $1 billion per year. Just imagine how high this value will go after kratom becomes even more popular. Not only that, but these kratom stores also create many employment opportunities for both skilled and non-skilled people.
So, the next time someone asks you ‘What does kratom do to the local economy?’, just tell them about this all!
Well, Kratom is thriving in the US. But what does the future hold for it? To spread awareness about kratom, we at ‘Green Leaf Kratom’ regularly write and post highly informative guides on our kratom blog. We are doing our part in making sure that the future of kratom is bright.
Similarly, NGOs like the American Kratom association are putting in their best efforts to educate the masses as well as those who are at positions of power about this all-natural herb.
With that, we hope that you have received a detailed answer to the original question, ‘What does kratom do to the economy?’.