The Hemp Products sector consists of companies that produce and sell hemp products.
Hemp has low to minute levels of the psychoactive compound tetrahydrocannabinol (THC) and high concentrations of the non-psychoactive compound cannabidiol (CBD).
As such, CBD is derived from hemp for use in CBD products such as oils and tinctures. Whilst marijuana also offers the same property, its high level of THC renders its use illegal in many jurisdictions.
Hemp is a versatile plant and is also used to make textiles, papers, and biofuel amongst other things.
Companies in the Hemp Products sector include Charlotte’s Web Holdings Inc, Hempco Food and Fiber, and CV Sciences to name a few.
