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What does the exponential growth of the US hemp market indicate?
State-legalized sales of medical and recreational cannabis in the U.S. in 2024 could reach $32 billion, surpassing beef sales. It is highly likely that within a few years, sales of medical and recreational cannabis in the country will exceed the sales volume of alcoholic beverages ($37.7 billion).
What does the construction of industrial facilities for producing “hemp batteries” indicate?
The multiplication of industrial production of “hemp batteries” in the USA to the scale once again indicates a growing trend that is manifested in various segments of modern economics and concerns the replacement of fossils with plant raw materials that demonstrate similar characteristics.
What does the “launch” of the largest primary hemp processing plant in the US by “Panda Biotech” signify?
The “launch” of such a large-scale project for processing hemp fiber in the US may indicate several trends that have been observed on the American hemp market over the past few years. Several manufacturing companies in the US are completing large investment projects for constructing facilities aimed at the primary processing of hemp raw materials, primarily straw and hurd. The emergence of significant volumes of hemp fiber and hurd in the American market in the coming years will likely lead to the “launch” of several production lines based on the unique properties of industrial hemp (such as light industry, construction, production of biocomposite materials, etc.).
Why CBD gummies dominate the market
CBD gummies are one of the best forms of using plant-based cannabidiol and are preferred by consumers who regularly take cannabinoid nutraceuticals /supplements/formulations. The advantages of using CBD chewing candies include: ease of use, consistency of the dose of the therapeutically active substance, pleasant taste, and the possibility of use without attracting outside attention. CBD gummies are used to improve overall well-being, address various health problems, or treat a number of painful conditions such as anxiety, hormonal imbalances, inflammation, chronic pain, etc.
How Italians Defend the Modern Hemp Industry Against the Threat of Industry Destruction by Government Authorities
Late last month, the government proposed amendments to the safety bill that would relate to “cannabis inflorescences and products derived from them.” According to Italian hemp growers, the administration of Prime Minister Georgia Meloni has initiated another campaign aimed at cracking down on the hemp industry after numerous so far unsuccessful attempts to destroy modern hemp farming in Italy, undertaken since her election to power in 2022.
Differences in Approaches to Utilizing the Therapeutic Properties of Hemp in Ukraine and Slovenia
This past weekend, Slovenian voters in a non-binding referendum not only approved the possibility of growing and using therapeutically active hemp for medical purposes but also voted for the regulation of plant cultivation in residents' homes.
Share of Beverages in the American Market for Cannabinoid Food Products
Three-quarters (75%) of cannabinoid food product consumers reported having consumed gummy candies containing therapeutically active hemp components in the past six months, compared to 8% who reported using cannabinoid non-alcoholic beverages (teas, carbonated cannabinoid drinks, etc.) over the same period.
Features of Using Hemp Paper
The properties of the plant fibers determine the areas of application of hemp paper, which is still exclusive to the market. Both physical (length, strength) and biological (antibacterial, antimicrobial) characteristics are taken into account, which are most effectively used in economically developed countries of the world.
The Difference Between the Main Types of CBD Oils
All of the therapeutically active compounds found in the hemp plant (or its derivatives, such as full- or broad-spectrum CBD oil) interact with each other to enhance and modulate the effects of plant cannabidiol.
Antwerp firefighters will use hemp to decontaminate soil.
The use of industrial hemp as a phytoremediant is already a proven method in Belgium and is recognized as a cost-effective way to clean up contaminated soils. If the pilot project in Lillo is successful , the disinfection mechanism using industrial hemp can be used throughout the country.