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Hemp oil is a "drying oil", as it can polymerize into a solid form. Due to its polymer-forming properties, hemp oil is used on its own or blended with other oils, resins, and solvents as an impregnator and varnish in wood finishing, as a pigment binder in oil paints , and as a plasticizer and hardener in putty .
In 2015 a report in Forbes laid out relationships among CannaVEST, money taken in by the real estate Ponzi scheme run by Llamas, Stuart Titus and the private equity firm General Hemp that he ran, and one of MMI's subsidiaries called PhytoSphere. [7] In 2015 the company hired Titus as CEO after having an interim CEO since Llamas' departure. [1]
In the US, hemp is classified by the federal government as cannabis containing no more than 0.3% THC by dry weight. This classification was established in the 2018 Farm Bill and was refined to include hemp-sourced extracts, cannabinoids, and derivatives in the definition of hemp. [92]
Cannabis, called má 麻 (meaning "hemp; cannabis; numbness") or dàmá 大麻 (with "big; great") in Chinese, was used in Taiwan for fiber starting about 10,000 years ago. [73] The botanist Hui-lin Li wrote that in China, "The use of Cannabis in medicine was probably a very early development. Since ancient humans used hemp seed as food, it was ...
It also is a useful source of foodstuffs (hemp milk, hemp seed, hemp oil) and biofuels. Hemp has been used by many civilizations, from China to Europe (and later North America) during the last 12,000 years. [121] [122] In modern times novel applications and improvements have been explored with modest commercial success. [123] [124]
Hemp, Cannabis, Marijuana, Indian hemp, Ganja Used worldwide since ancient times as treatment for various conditions and ailments including pain, inflammation, ...