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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 plant is also known as hemp, although this term is usually used to refer only to varieties cultivated for non-drug use. Hemp has long been used for fibre, seeds and their oils, leaves for use as vegetables, and juice. Industrial hemp textile products are made from cannabis plants selected to produce an abundance of fibre.
The Industrial Hemp Farming Act of 2009 (), introduced during the 111th United States Congress by House Republican Ron Paul of Texas) and House Democrat Barney Frank of Massachusetts) on April 2, 2009, [1] sought to clarify the differences between marijuana and industrial hemp as well as repeal federal laws that prohibit cultivation of industrial, but only for research facilities of higher ...
Hemp and marijuana are just different enough for hemp to represent a huge market opportunity for marijuana stocks.
Research and Markets estimates that the global industrial hemp market will reach $17.4 billion by 2027, up from $5.6 billion in 2020. A Short History of Hemp As a people, we have been using hemp ...
Federal policies, tightened by the Controlled Substances Act of 1970, virtually banned the production of industrial hemp during the war on drugs.According to an industry group, "the 1970 Act abolished the taxation approach [of the 1937 Marijuana Tax Act] and effectively made all cannabis cultivation illegal". [2]
The flowers of Cannabis sativa plants are most often either male or female, but, only plants displaying female pistils can be or turn hermaphrodite. Males can never become hermaphrodites. [ 3 ] It is a short-day flowering plant, with staminate (male) plants usually taller and less robust than pistillate (female or male) plants.
Even though hemp-derived products were federally legalized six years ago, products like delta-8 can still show up as marijuana on standard drug tests.