hemp industry

The hemp industry revolves around the cultivation and processing of hemp, a versatile plant belonging to the cannabis family. Unlike marijuana, hemp contains low levels of THC, the psychoactive compound. Hemp is used to produce a variety of products, including textiles, paper, biodegradable plastics, health foods, and CBD oil, which is popular for its potential wellness benefits. The industry has gained momentum due to increasing interest in sustainable and eco-friendly materials, as well as the legalization of hemp farming in many regions. Overall, the hemp industry contributes to economic growth and environmental sustainability.