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Hemp, or industrial hemp, is a plant in the botanical class of Cannabis sativa cultivars grown specifically for industrial and consumable use. It can be used to make a wide range of products. [1] Along with bamboo, hemp is among the fastest growing plants [2] on Earth.
The essential oil is manufactured from both low-THC ("fibre-type") and high-THC ("drug-type") varieties of hemp. As most of the phytocannabinoids are nearly insoluble in water, hemp essential oil contains only traces of cannabinoids. Even in "drug-type" hemp, the THC content of the essential oil does not exceed 0.08%. Most of the material is ...
During the presidency of Porfirio Diaz in the 1870s, henequen production skyrocketed thanks to international investment, and in 1898, when the Spanish–American War broke out, the price of fiber spiked. The supplies of Manila hemp were interrupted by the war in the Philippines, and the price of henequen increased to about US$0.10 or $0.12 a pound.
“The protein can come from animal or plant sources, such as whey, soy, pea, or hemp protein, and may contain more than just one type. ... 0.6 to 0.8 grams protein per pound, may be your protein ...
It also is a useful source of foodstuffs (hemp milk, hemp seed, hemp oil) and biofuels. Hemp has been used by many civilizations, from China to Europe (and later North America) during the last 12,000 years. [121] [122] In modern times novel applications and improvements have been explored with modest commercial success. [123] [124]
[55] [56]: 4 This caused limited availability and inflated prices for consumers. [ 56 ] : 10 During the first several months of legal sales, prices exceeded US$ 20 per gram. [ 58 ] : 28 Due in part to a strong harvest of outdoor-grown cannabis in the fall of 2014, supply levels increased and the state's licensed marijuana industry had ...
Prices and overall markets have also varied considerably over time. In 1997, cannabis was estimated to be overall the number four value crop in the US, and number one or two in many states, including California, New York, and Florida. This estimate is based on a value to growers of ~60% of retail value, or $3,000 per pound ($6,600/kg). [288]
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