- Hemp or industrial hemp, typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products
Hemp & Cannabis For Future Net worth 2024 (estimated)
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Hemp & Cannabis For Future facts
- It is one of the fastest growing plants and was one of the first plants to be spun into usable fiber 10,000 years ago
- It can be refined into a variety of commercial items including paper, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed
- Although cannabis as a drug and industrial hemp are both members of the species Cannabis sativa and contain the psychoactive component tetrahydrocannabinol (THC), they are distinct strains with unique biochemical compositions and uses
- Hemp has lower concentrations of THC and higher concentrations of cannabidiol (CBD), which decreases or eliminates its psychoactive effects
- The legality of industrial hemp varies widely between countries
- Some governments regulate the concentration of THC and permit hemp that's bred with an especially low THC content
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