The word ‘hemp’ tends to turn heads in the United States due to its association with the cannabis plant. In 1970, the Controlled Substances Acct passed, deeming any form of the cannabis species a Schedule 1 drug in the United States. Although hemp is a part of the cannabis family, they are not the same. The hemp plant contains trace amounts of THC, normally less than 0.3%. It is the non-psychoactive cousin of cannabis, and the two differ in function and cultivation processes.
The hemp plant comes in three parts: the seeds, the bast fiber, and the hurd.
Hemp users can eat the raw seeds or press them into oil. The seeds are very nutritious and serve as a great source of plant-based protein and minerals like calcium and iron. The seed oil can relieve symptoms of certain skin disorders and even aid the digestive process. The oil is found in various products, such as food, and even paint.
Next, the fiber of the plant creates a long band running along the inside of the stalk. Hemp fibers can create clothing, paper, and even construction materials.
The hurd is the woody core of the hemp stalk. This part of the plant is used to make pulp, and then can be made into biodegradable plastics.
Additionally, ‘hempcrete’ has gained attention overseas since it serves the same purpose as concrete but acts as a natural substitute due to its low carbon footprint.
The hemp plant is dynamic and multi-purpose, and with constant efforts to create more environmentally friendly products, this industry has unlimited potential.
How Point7 Can Help
Point7 supports our clients by providing information and guidance in every aspect of their cannabis business. New products and innovative delivery methods are emerging and evolving constantly. Staying up to date on the newest trends in the cannabis and hemp market can help your business stay ahead of the curve. Overall, it is essential to understand all aspects of the cannabis plant and how they can be useful to your customers and business. If you’re looking for guidance for your cannabis business, reach out to us and see how we can help.