The National Industrial Hemp Council (NIHC) promotes an international regulatory system that boosts consumer confidence, international trade, and innovation in the industrial hemp supply chain. We actively consult with leaders in developed and developing countries, the international hemp industry, and dome...
Going forward, the market will keep on growing with continuous loosening of regulations by governments to support hemp cultivation. The hemp seed segment hold the highest market share in the type segment of the industrial hemp market. Hemp seed hold highest market share in industrial hemp because ...
Industrial hemp, with low levels of the intoxicating cannabinoid tetrahydrocannabinol (THC), is grown for fibre and seeds. The industrial hemp industry is poised for expansion. The legalisation of industrial hemp as an agricultural commodity and the inclusion of hemp seed in foods is helping to dri...
Legalization of hemp cultivation in the US and Canada has opened opportunities for large-scale farming and production, especially for hemp-derived CBD products. The strong presence of key market players, coupled with favorable regulations and government support, enhances the availability of industrial ...
However, expansion of market opportunities with the liberalization of regulations on cultivation, processing, transportation, and the use of industrial hemp is expected to drive the market growth over the forecast period. The market is expected to witness a low threat of substitutes owing to the ...
and released regulations on a pilot program in January 2016. Since then, all 10 permits for the research of industrial hemp have been filled. And in the last few months, Governor Cuomo has loosened regulations around the hemp crop, making it easier than ever for farmers to join the ...
The industrial hemp market comprises major players such as Hempco (Canada), Ecofibre (Australia), Hemp Inc. (US), GenCanna (US), HempFlax BV (Netherlands), Konoplex Group (Russia), Hemp Oil Canada (Canada), BAFA (Germany), Hemp Poland (Poland), Dun Agro (Netherland...
Sustainable hemp farming practices, along with hemp paper, hemp-based biocomposites, and hemp protein, are becoming more prominent. The hemp industry also explores hemp in cosmetics, food products, and building materials while navigating hemp cultivation regulations to ensure environmental sustainability. ...
Cultivation of industrial hemp has been permitted inCanadasince 1998 and is currently regulated by Health Canada under theCannabis Act. HealthCanadalicenses the cultivation of hemp jointly under theIndustrial Hemp Regulationsand the Cannabis Act. ...
Future success of the industrial hemp industry in North America is heavily dependent on the breeding of more productive oilseed cultivars, the continued development of consumer goods, reasonable but not overly restrictive regulations, and discouragement of overproduction associated with unrealistic enthusiasm...