The hemp market is set to grow at a Compound Annual Growth Rate (CAGR) of 34% to hit $26.6 billion by 2025. This is a market rise from $4.6 billion in 2019. From these statistics, there’s no better time to invest in the hemp industry than now. Whether you’re a seasoned hemp farmer or you [...]
With the sudden upsurge in popularity, hemp buds have seen an enormous demand growth since the 2018 Farm Bill‘s passing. Several people are now buying hemp buds for their therapeutic benefits. Sadly, a lot of people still confuse hemp buds with cannabis buds. If you’re one of these people, don’t feel inadequate – even our [...]
Today, all industries are on the lookout for innovative and sustainable ways to do things – and the wood-based industries aren’t left behind. While traditional wood comes from naturally renewable resources (trees), it still contributes to deforestation which has devastating effects on the environment even if it’s done in a controlled manner. [...]
By 2026, the hemp market is estimated to surge up to $13.03 billion – and there’s a good reason behind this. Not only does hemp have thousands of uses, but it also returns depleted nutrients to the soil by 60-70%. Over the last decades, we’ve seen the effects of unsustainable practices hitting our society from [...]
With growing concerns of harmful ingredients such as sulfates and parabens in synthetic soap, more consumers are turning to organic soap. The increased awareness toward environment conservation by reducing the impact of harsh chemicals have fueled the market growth of organic soap. It’s estimated that the global organic soap market will increase [...]
Did you know that humans have used the hemp plant for about 10,000 years? This makes it one of the oldest plants ever used by humankind. Hemp is also estimated to have more than 25,000 uses. This can be attributed to its long, strong fibers and rich nutritional profile that provides a wide range of [...]
Today, people have embraced the use of natural remedies over-prescribed medications. Natural substances have less-known side effects and work to treat the root cause of the problem. Hemp seed oil is one of the most nutritious compounds in the world with many health benefits. It’s estimated that the global hemp market is likely to grow [...]
Looking for ways to add protein and healthy fats in your diet? Hemp hearts are your best bet. Hemp hearts are hulled hemp seeds with a soft, chewy center and nutty flavor. 100g of hemp hearts contain approximately 31.56g of protein and 48.75g of healthy fats. The Omega-3 fatty acids found in the seeds are [...]
Known to have one of the strongest natural fibers in the world, hemp is an incredibly versatile plant. Today, it’s incorporated in different industries including medicinal, textiles, and construction industries. From as early as 1200 BC, the plant has shown limitless potential and has been so diverse in its application. The plant’s parts can [...]
In 2014, hemp farming was legal in only a few pilot programs in specific areas in America. At that time, hemp farming at an industrial level was illegal. However, that changed with the passing of the 2018 Farm Bill. Hemp was removed from the Controlled Substances Act and within a short period, many farmers started [...]
Did you know that hemp doesn’t need the soil to grow? Hydroponics refers to a method of cultivating plants on a water-based medium, instead of a soil medium. Hemp, an economically viable variant of the cannabis plant, can be successfully grown hydroponically. With hydroponic systems, you have increased control over the growth of your plants [...]
The Agricultural Marketing Act of 1946 authorized and directed the then Secretary of Agriculture to roll out several programs that were key to improving the food industry in the country. This included a well-laid-out plan to inspect and grade raw and processed food, conduct intensive agricultural research, and provide education and marketing [...]
Sustainable development is the ability to meet the needs of the present without compromising the ability of future generations to meet their needs. It’s the concerted effort towards building an inclusive future for the people and the planet. The 2030 agenda for sustainable development goals (SDGs) are a set of 17 objectives within a universal [...]
Hemp infused drinks have increasingly become a health trend over the last few years. In fact, hemp sodas have a popular choice at many food stores and restaurants. The increased market can be attributed to the passing of the 2018 Farm Bill. With the CBD market expected to reach $16 billion by 2022, beverage companies [...]
900 hectares – that’s the total estimated hemp farmland across the United Kingdom. Quite a low figure, considering that Europe has over 33,000 hectares of hemp farmland – and 14,500 hectares is in France alone. So, why does the U.K. – a global economic powerhouse – only have a small share of the European hemp [...]
The Australian hemp industry is estimated to be worth $17.7 million. In comparison, the U.S. market – which is currently one of the world’s leading hemp production markets – boasts a booming hemp sector worth more than $150 million, and estimated to hit $26.6 billion by 2025. So, why the huge difference? In Australia, hemp [...]
Here are some interesting statistics. In the U.S. alone, people use about 500 million plastic straws every day. It’s estimated that 8.3 billion plastic straws are populating the world’s oceans. From these statistics, you can see how much of an environmental menace, single-use plastic straws have become. Since plastic takes thousands of years [...]
In California alone, CBD worth about $730 million was sold in 2019, making it the leading cannabidiol market in that year. It beat other states like New York and Florida by huge margins which had 215 million and 290 million in sales, respectively. While California lags behind many other states when it comes to hemp [...]
According to the National Survey on Drug Use and Health (NSDUH) report, it’s estimated that the daily consumption of cannabis in 2013 was at 8.1 million – a significant rise from 5.1 million in 2005-2007. Many people used it as a recreational drug thanks to its high THC content. But what is THC? What does [...]
By 2027, the global hemp market is estimated to reach a valuation of $15.26 billion and exhibit a growth rate of 15.8%. This market growth can be attributed to the plant’s versatility, ease of use, and sustainability. The 3D printing industry isn’t left behind. 3D printing with hemp is environmentally sustainable since it reduces waste [...]
The global market size of hemp fiber is expected to grow to $280 million by 2025 at a Compound Annual Growth Rate (CAGR) of 5.1% throughout the forecast period. As a significant jump from a market size of $190 million in 2018, the growth symbolizes a major improvement from the humble beginnings of the hemp [...]
