You are correct, Ford had a hemp vehicle design ready for mass manufacture. However, William Hearst and co (folks heavily invested in the success of the cotton and timber industries) saw to it that marijuana was slandered as dangerous, unholy, etc. So they created mainstream PR campaigns (Hearst owned MSM) saying that it was Devil's smoke and only inferior individuals smoke it and they also influenced the government to make marijuana (and hemp) illegal.
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Great info @libertyteeth & @maven360 It's amazing the subversion techniques that have been brought against the population in order to keep the power within the clammy hands of the few. I think it was also a viable crop in terms of using it as engine oil, it leaves no residue and pretty much zero emissions. It also grows really quickly and in the right conditions hemp will grow four times a year, which made it a serious competitor. So they went for the dirty polluting oil instead of the clean hemp oil (which is also very kind on car engines) and then later on attached the guilt of the pollution onto the general public and now tax us vast sums of money for the privilege. What a different world this could be eh?