Wednesday, March 1, 2017

Hemp: The Multi-Billion Dollar Crop (Part 2)


Hemp - The Multi Billion Dollar Crop - Part 2: Cultivation, NSP Products, Hemp Seed Oil, Hemp Seed Oil Powder

The global market for hemp applications consists of more than 50,000 products
Markets include foods and beverages, nutritional supplements, pharmaceuticals, and cosmetics
Hemp Oil and CBD can positively affect cancer, arthritis, diabetes, chronic pain, Parkinson’s and multiple sclerosis, attested in more than 23,000 studies
Hemp seeds have the ideal ratio of omega 3/6 fatty acids of 3 to 1 and contain very high levels of vitamins, protein, carbohydrates, minerals and fiber
The Canadian cannabis market alone grew at a CAGR of 80.42% over the last two years
The global nutraceutical market was estimated at around 205.39 billion USD in 2016 and is projected to reach around 294.79 billion USD by 2022, at a CAGR of 6.7% from 2017 to 2022

In this edition of the Round Table, experts like world famous nutritionist David “Avocado” Wolfe and entrepreneur Craig Goodwin investigate nutritional, medical and environmental benefits as well as the splendid financial prospects of the outstanding super commodity hemp.

While all world is watching closely at the marijuana markets, its non-psycho-active sibling hemp still lacks the attention it deserves. This super commodity has been used for thousands of years by cultures all over the world. Industrial cultivation and processing of hemp offers tremendous opportunity, over 50,000 different applications for hemp are recorded up to date. With its superior health benefits, especially hemp seeds are not only a gift for personal nutrition, health- and body care, but also have the potential to change several industries, including the functional food, pharmaceutical and cosmeceutical markets.

Cannabis legislation is catching up to socio-cultural reality on a global scale, thereby creating vast fortunes for investors. The explosion of the industry is the best prove of that: the Canadian cannabis market alone has grown by more than 300% over the last two years.

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