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In Nigeria, it is often referred to as ‘Indian hemp’, in the country, Cannabis Sativa, which has enjoyed use as fibre, seed and seed oils, medicinal purposes, and as a recreational drug traces its origin to Central and South Asia. billion dollars by 2025. Source: Sahara Reporters. MORE
According to the report, the global industrial hemp market was approximately USD 3.97 billion by 2025, at a CAGR of around 13.5% between 2019 and 2025. Industrial hemp is an exceptionally renewable resource. Industrial hemp also includes the by-products of hemp plants. MORE
Plants with a level of THC content low enough that they are considered non-intoxicating—with the specific definitions varying depending on the jurisdiction—are classified as industrial hemp. Hemp has been used for these purposes for centuries in cultures around the world. MORE
However, the latest hemp farm bill is a giant step in this battle since it means that, in a way, every part of cannabis has become legal except for the THC. The global legal marijuana market should be worth almost $150 billion by 2025. MORE
Cannabis Law Report
JULY 11, 2019
According to the report, the global industrial hemp market was approximately USD 3.97 billion by 2025, at a CAGR of around 13.5% between 2019 and 2025. Industrial hemp is an exceptionally renewable resource. Industrial hemp also includes the by-products of hemp plants.
Cannabis Law Report
APRIL 8, 2019
However, the latest hemp farm bill is a giant step in this battle since it means that, in a way, every part of cannabis has become legal except for the THC. The global legal marijuana market should be worth almost $150 billion by 2025.
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Cannabis Law Report
MAY 19, 2019
In Nigeria, it is often referred to as ‘Indian hemp’, in the country, Cannabis Sativa, which has enjoyed use as fibre, seed and seed oils, medicinal purposes, and as a recreational drug traces its origin to Central and South Asia. billion dollars by 2025. Source: Sahara Reporters.
Cannabis Law Report
OCTOBER 17, 2019
Plants with a level of THC content low enough that they are considered non-intoxicating—with the specific definitions varying depending on the jurisdiction—are classified as industrial hemp. Hemp has been used for these purposes for centuries in cultures around the world.
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