Cannabis has versatile applications ranging from recreational and medicinal uses to vital industrial applications, emphasizing its historical significance and economic potential as a billion-dollar crop.
Hemp, often confused with marijuana, is actually a different variant of the cannabis plant characterized predominantly by its low THC levels, specifically 0.3% or less, distinguishing its industrial uses.
The historical importance of hemp extends to ancient innovations like the invention of paper by Ts'ai Lun, who utilized hemp in creating the first forms of paper, revolutionizing documentation practices.
Despite its early prominence, the paper industry shifted from hemp to wood pulp after the Marijuana Tax Act of 1937, marking a significant decline in hemp production.
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