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Global Hemp Industry Business News Articles and Press Releases.
2 minutes reading time (334 words)

Industrial Hemp: A Versatile Crop

Industrial hemp (Cannabis sativa L.) is a fast-growing, highly versatile crop cultivated for its fiber, seeds, and oils. Historically significant, its recent resurgence is due to changing regulations and recognition of its diverse uses.

Key Facts About Industrial Hemp

Industrial hemp is defined by its low concentration of Tetrahydrocannabinol (THC), the psychoactive compound found in marijuana.

Legal Definition

In the United States, the 2018 Farm Bill federally legalized industrial hemp, defining it as Cannabis sativa L. and any part of that plant, including the seeds and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers, whether growing or not, with a delta-9 THC concentration of not more than 0.3% on a dry weight basis.

Major Product Categories

Hemp is a multi-purpose crop, yielding raw materials for thousands of products across various industries.

Product Type

Source Part of Plant

Examples of Use

Fiber

Stalk (outer bast fiber)

Textiles (clothing, canvas), Rope, Building materials (hempcrete), Paper

Hemp Hurd

Stalk (inner core)

Animal bedding, Construction materials (insulation), Mulch

Seeds

Seed/Grain

Food products (shelled seeds/hearts), Animal feed, Oil extraction

Oil

Seeds, Flower/Leaves

Cooking oil, Biofuels, Cosmetics, Cannabidiol (CBD) products

Environmental Benefits of Cultivation

Growing industrial hemp offers several ecological advantages, making it an attractive crop for sustainable agriculture.

  • Soil Health: Hemp's deep root system helps prevent soil erosion and can remediate contaminated soil through phytoremediation.
  • Low Input: It typically requires less water and fewer pesticides and herbicides compared to conventional crops like cotton.
  • Carbon Sequestration: Hemp grows quickly, efficiently absorbing CO2 from the atmosphere.
Economic Potential

The industrial hemp market is rapidly expanding, creating opportunities in various sectors.

Sector

Example Products

Agriculture

Seeds, Biomass for processing

Construction

Hempcrete, Insulation, Fiberboard

Food & Beverage

Hemp milk, Protein powder, Seed snacks

Personal Care

Lotions, Soaps, Shampoos made with hemp oil

Health & Wellness

CBD oils, Capsules, Topicals

Research and Regulation

Ongoing research is crucial for optimizing hemp cultivation and processing techniques. Growers and processors must adhere to evolving state and federal regulations to ensure compliance with THC limits. 

Industrial Hemp Plant Components and Uses
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