Why Hemp is a Highly Viable Industrial Product of the Future
Our “Kannavis” brand is an obvious nod to the Cannabis Sativa plant, which includes the low-THC plant known as hemp. We have purposely chosen to include hemp as part of our business strategy to enter into the Nutraceutical sector for reasons we see as highly beneficial to nutraceutical production.
However, we understand that there is a need to engage our prospective investment partners in a dialogue to educate them on what the various hemp plants actually are, and why we are excited to include this industrial plant to optimize return on value.
The low-THC Cannabis plant known as hemp was one of the first plants spun into fiber almost 10,000 years ago. Now, along with other compounds found in high concentrations of the flowers of the plant, primarily CBDs, hemp has many industrial and medicinal applications.
Hemp also happens to be beneficial to the economy and environment. We believe the economic and environmental benefits of the hemp plant will surprise most people.
The resistance to promoting industrial hemp as an option for developing products of notable benefit and profitability likely comes from it’s close association to the higher THC counterpart commonly known as "marijuana". Importantly, until just a short time ago, it was very difficult to differentiate between the low-THC hemp plant and the high-THC plant by casual sight inspection. This was perplexing to local and federal authorities trying to regulate the psychoactive compound derived from the high-THC plants.
Differentiating between the plants required a complex and expensive testing process. However, this has changed dramatically with the advent of new, portable testing devices which make it possible to quickly and effectively field test Cannabis plants and biomass for THC and CBD levels. This significant development has enabled the re-emergence of industrial hemp as a viable raw material for a multitude of commercial uses and products that can positively impact our economy, and the social good.
Understanding and acknowledging that we can now verify a plant species and the levels of psychoactive (THC) and non-psychoactive (CBD) compounds more quickly and accurately should open up the many practical, economic, and legal uses of hemp.