Whilst some of your assumptions are correct insomuch as time, business and increase in perceived costs, may indeed limit the commercial usage, at this time, that will more than offset in the whole life benefits to be gained. Empirical research was completed, as far as it goes, by Rachel Beven and Tom Woolley of Rachel Beven architects,and presented in their book Hemp Lime Construction, a guide to building with hemp lime composites. One of the things this suggests is the need for ongoing research into the load bearing abilities of the subject matter, but, by enlarge the compressive strength of hempcrete blocks is lower than that of concrete blocks on a quid pro basis. However a new chapter in building technology is unfolding as we speak, and air tightness is rapidly developing into the holy grail of conditions being aspired to in sustainable/eco build targets being set in the overall trade. One of the downfall of brick or block build, is the amount of separate actions required to produce a monolithic mass, and these in turn allow for a rise in failure at the various joints, corners, roof joints etc. with hempcrete and a simple structural timber frame, this need not be the case, foundations, walls, roof and all exogenous cold air actions, can be designed out with a homogeneous approach...sorry to be so long winded, that's me getting back into my academic mode. Heres a link to one of the articles I've mentioned
http://opus.bath.ac.uk/16170/1/papers/Paper 123.pdf also it's a condensation paper from the book I mentioned...bosshogg
