The present invention relates to a hair growth stimulant, and moreparticularly to a hair growth stimulant having excellent hair growthstimulation andhair growth effects without any side effects, which contains a carbonized pinecone.The inventive hair growth stimulant has an excellent hair growth stimulationeffectwithout causing any side effects or toxicity to the human body, while it canstimulate hair roots to greatly influence the growth of hair so as to preventhair lossand white hair. Also, it can be provided in the form of creams or ointmentshavingan excellent effect on hair growth stimulation, and thus can considerablyshorten atreatment period. Also, it can keep the anagen-stage hair by increasing thebloodflow of the scalp, and it consists of a vegetable preparation, and so has nosideeffects to the human body. In addition, it can be used through smoothapplicationto a head, and thus is easy to use.