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Facts About Hemp and What You Need to Know to Start a Hemp Business

Hemp, marijuana, and CBD are all things that continue to dominate headlines. Unfortunately, they always end up getting lumped together, despite their differences. Although all three of these things are related to the Cannabis sativa plant, their differences are worth knowing about.

For example, hemp is a plant that has been used for centuries as both a plant medicine as well as an important industrial tool.

If you’re interested in getting involved in the hemp industry, it’s important that you learn the facts about hemp. So continue reading and we’ll walk you through what hemp really is and how you can make money by starting your own hemp business.

What Is Hemp?

Hemp is a phenotype of Cannabis sativa L. It’s also a dioecious plant. This means that you can separate it into female and male plants.

For over ten thousand years, hemp has been revered for its fiber, its protein, its oils, and its ability to be smoked. You can use the fibers of hemp to make a variety of industrial items including clothing, rope, paper, building materials, and furnishing fabric.

From stalk to seed, you can use the entire hemp plant in order to make feedstock as well as fuel. You can divide hemp into four general parts: the seeds, the shives or hurds, the bast fibers, and the flowers and leaves.

Can You Get High from Hemp?

Any and all controversy that has to do with hemp is about it’s relation to marijuana and THC. THC is a chemical compound that can be found in both the hemp and marijuana strains of Cannabis sativa. It’s also the primary cause for the notorious “marijuana high”.

The hemp plant produces a variety of cannabinoids, including cannabidiol (CBD) and tetrahydrocannabinol (THC). With that said, it doesn’t produce enough THC to give someone any intoxicating effects.

Although hemp doesn’t produce a significant amount of THC, it is able to produce CBD in concentrations. In fact, the CBD that you hear about all over the news is almost exclusively derived from the hemp plant.

Cannabis plants also produce Cannabinol (CBN). This chemical compound is known to be antibacterial and a good appetite stimulant. Finding a good CBN distillate oil for sale can help you better understand its positive effects.

The difference between the marijuana and hemp plant isn’t so cut and dry. A lot of countries differentiate marijuana from hemp based on how much THC is produced per weight of a dry flower. In the United States, we define industrial hemp as a Cannabis sativa L. plant that has a 0.3% concentration of THC or less.

In the European Union, the THC limit can be no more than 0.2%. Great Britain, on the other hand, has set its limit at zero. In order to grow hemp in the United Kingdom, a person must have a cultivation license to grow industrial hemp and the plant can’t have more than 0.2% THC.

What Can Hemp Be Used For?

Hemp is revered for its functionality and many different uses. For example, you can extract CBD oil from hemp flowers and leaves. That extracted CBD oil can then be used to treat all sorts of illnesses and mental health issues.

This is mainly why the CBD cultivation is currently booming across the United States.

You can use the hemp fires to make building materials, paper, textiles, and many other industrial items. Inside the stalk, you can find raw materials such as shives, or hurds. These are short, woody fibers.

These materials can be used to make absorbents, ceiling panels, bedding materials, particleboard, and a variety of other industrial products. The fibers are what make up the outer part of the stalk. You can split this into three categories, tow, secondary, and line fiber, or primary.

These are categorized based on their cell wall thickness and cell strength. These factors will then determine the fiber’s durability, strength, and also what it can be used for.

How Is Hemp a Food?

The hemp seed is rich in dietary fiber, minerals, protein, and vitamins. These seeds have an ideal ratio of omega-3 to omega-6 fatty acids which can lead to better health. Hemp proteins are also more digestible for people than the soy protein isolates so commonly found in our food products.

You can use hemp as a food ingredient either in the form of oils or raw seeds. To make hemp oil, you must first press the seeds in order to extract a concentration of protein. This illustrates that hemp as a food product always starts with the plant’s seeds.

You can also mix the seeds with water to make hemp milk or ground them up to make flour.

How to Make Money from Hemp Production

Now that we understand the industrial as well as medical uses that hemp can provide, it’s time to learn how we can take advantage of this miracle plant. Let’s look at the main steps you would have to take if you wanted to start your own hemp business.

Get a License

Getting a license for hemp cultivation is the most important part of the process. Not too long ago, Donald Trump signed the Agriculture Improvement Act of 2018. This is also known as the 2018 Farm Act.

This Act made it legal to commercial cultivate industrial hemp in the US. However, you can just go off and start growing your own hemp. First, you will have to get a license that gives you permission to cultivate hemp.

This license won’t apply to growing marijuana unless you live in a state where marijuana is legal for recreational or medical use. In order to be on the safe side, you should first consult with an attorney before applying for a license.

Figure Out Which Hemp You Want to Grow

Despite what you might hear online or on TV, hemp isn’t just for deriving CBD oil and other CBD products. You can use hemp to make paper, soap, textiles, rope, and even food and clothes. The kind of hemp that you’ll want to grow will most likely depend on the kind of hemp that people will want to buy.

Speak with potential buyers and see which kind of hemp they are looking to purchase. Don’t worry too much about this though. Since hemp is so versatile, it should be too hard to find a buyer for any type or part of the hemp plant.

These days, CBD seems to be the most lucrative when it comes to industrial hemp production. However, that all might change as more people start to discover the many different uses that hemp provides.

Stay Current with the Different Techniques for Cultivation

Hemp isn’t a particularly difficult plant to grow. You don’t need that much water and it doesn’t require a lot of pesticides, herbicides, or fertilizers. Still, if you want to harvest a full and healthy yield, you are going to want to stay current with the most modern techniques for cultivation.

This includes knowing what the ideal growing conditions are and where to source the highest quality hemp seeds. For example, growers discovered that you can get fuller harvests when you grow plants in greenhouses deprived of light as opposed to outdoors. This might not be something that crosses a beginning grower’s mind but it makes a huge difference.

Good places to start are farmers’ blogs and magazines. You can also learn a lot form hemp-related subreddits and forums as well as YouTube videos.

Find Your Buyers

As you begin to make preparations and plans to grow your industrial hemp, you’re going to have to ask yourself about what kind of person is going to buy your hemp. A majority of hemp farmers grow hemp under a futures contract with a processing company or a manufacturing lab. Since the demand for industrial hemp is so high, it shouldn’t be too hard to find a buyer.

A great place to find potential clients is on social media. A hemp company with a strong online presence will be able to easily connect with people and commercial businesses. Connecting online can help you cut out the middle man and increase your income.

The Importance of Knowing the Facts About Hemp and Hemp Production

Hemp is one of the most versatile plants on the planet. Unfortunately, due to special interests and other political complications, it has been illegal to grow for a long time in this country. However, now that people are starting to learn the fact about hemp, many people are starting to begin their own hemp endeavors.

Hopefully, after reading this article, you now know the facts about hemp and feel more confident to start your own hemp business.

Are you interested in reading other helpful articles? Check out the rest of our blog for more today!

About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

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