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Why is industrial hemp getting hot?
Release time:
2024-07-02 13:54
The reasons for the growing popularity of industrial hemp can be summarized as follows:
First, diversified application areas
Fiber materials: industrial hemp fiber has a high degree of antibacterial, environmental protection and abrasion resistance, is widely used in textile, paper, construction and other industries. With the rise of environmental awareness, the demand for renewable fibers is increasing, promoting the development of industrial hemp fiber market.
Food & Pharmaceuticals:The seeds of industrial hemp are rich in highly nutritious proteins, which can be used in food and nutritional supplements. Meanwhile, the CBD (Cannabidiol) in its flowers and leaves has various pharmacological effects such as anti-inflammatory, antiseptic, and analgesic, which can be used in the production of nutraceuticals, food, and skin care products.
Other areas: the rhizomes and seed shells of industrial hemp can be used to manufacture non-toxic paints, surface treatments and lubricants; its main stem can be used to manufacture biofuels and building materials; CBD can also be used to produce products such as electronic cigarettes.
II. Acceleration of global legalization process
Support of national policies: more and more countries and regions have begun to explore the legalization of industrial hemp, such as Canada, the United States, Australia, Argentina and other countries have made attempts to legalize industrial hemp one after another. This provides a favorable legal environment and market opportunities for the development of the industrial hemp industry.
Promotion by international organizations: For example, the establishment of the International Hemp Association has brought rapid and significant changes to the global hemp industry. These organizations are committed to unifying industry leaders, integrating market expertise, coordinating resources and speaking out globally on behalf of cannabis issues, which has driven the scaling up of industrial hemp production, marketing and trade.
III. Government Policy Support
Formulation of laws and regulations: Governments regulate the development of the industry by formulating laws and regulations to provide enterprises with a better market environment and policy support. For example, it may set up specialized regulatory agencies responsible for the supervision of cannabis cultivation, production and sales; and promote cooperation between scientific research institutes and enterprises to strengthen the research and development and application promotion of industrial hemp.
Financial support: the government may also encourage enterprises to invest in the industrial hemp industry and promote its rapid development by providing financial support and tax incentives.
IV. Growth of market demand
Enhancement of consumer awareness: As consumer awareness of industrial hemp and its products continues to grow, so does market demand. Especially in the fields of health care, environmental protection and sustainable development, the application of industrial hemp has a broad prospect.
Diversification of market demand: The demand for industrial hemp in different industries is also increasing. For example, the textile industry needs high-quality fiber materials; the food industry needs highly nutritious food ingredients; the health care industry needs CBD with a variety of pharmacological effects.
Fifth, the promotion of innovative technology
Improvement of breeding technology: Through the improvement of breeding technology, it is possible to breed industrial hemp varieties that are higher yielding, higher quality, and better adapted to different environmental conditions.
Advancement of extraction and processing technology: With the advancement of extraction and processing technology, valuable components such as CBD can be extracted from industrial hemp more effectively. At the same time, more diversified and higher quality products can be produced.
In summary, the reasons for the gradual fervor of industrial hemp mainly include diversified application areas, the acceleration of the global legalization process, the support of government policies, the growth of market demand, and the promotion of innovative technologies. These factors interact with each other and jointly promote the rapid development of the industrial hemp industry.
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