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Wednesday, 03 July 2019 12:57

Global hemp market growing by 14 per cent

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The global industrial hemp market is growing at 14 per cent. Its driven by hemp’s nutritional and cosmetic qualities. Hemp is seen as a sustainable, organic and regenerative agricultural crop.

Almost everything that can be made with cotton or soy or corn can be made with hemp – with less impact on the earth. Hemp is a weed, so it grows prolifically with little water and no pesticides. It takes up relatively little space, produces more pulp per acre than trees and is biodegradable. Hemp crops even give back by returning nutrients to the soil and sequestering carbon dioxide.

Hemp is cultivated for a medley of biodegradable materials including plastic polymers, building products, fabrics, wood, biofuel, paper and even car components. Virtually every part of the plant can be used. The stalk’s outer bast fiber can make textiles, canvas and rope while its woody core – hurd – is used for paper, construction and animal bedding. The seeds are high in protein, fiber, omega-3 fats and other nutrients. The oil can be used for paints, adhesives, cooking and plastics. Even the leaves can be eaten and used to make juice. This fiber from industrial hemp has been used for thousands of years to make paper, rope, cloth and fuel.