reclaiming yarn

Decatur, GA

I got this cashmere sweater at the Goodwill for a song. Unfortunately it is too small. Way too small. But I am wondering is its possible to unravel and use the yarn for something else? I am a fair knitter but don't know if its possible to reclaim the material in a commercially knit sweater.
Anyone out there have any experience in doing this? I'd love some advice and input.
Thanks all. Love DG.
Helen

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