12 Investor Report Industrial Hemp Sector New Zealand ’ s New Export Opportunity 2020
2 . What is Hemp
KEY TERMS SUMMARY
Cannabis Sativa is an annual flowering plant originating in Central Asia , which has been cultivated for several thousand years , for health and recreational purposes . Recently , it has been bred to enhance its active compound tetrahydrocannabinol ( THC ) which provides the euphoric effect or ‘ high ’ sought by recreational users .
THC ( Tetrahydrocannabinol ) the psychotropic chemical compound found in the buds and flowers of marijuana , induces a euphoric effect when heated and consumed .
CBD ( Cannabidiol ) a prevalent cannabinoid in the cannabis flowers which has a wide range of antiinflammatory effects in the body . CBD is nonpsychotropic .
Marijuana is another name for these high THC plants and their associated products which have more than 0.35 % of THC
Endocannabinoid system ( ECS ) a recently discovered , molecular system in the human body responsible for maintaining homeostasis ( stability of your internal environment ) in many processes in the body including the immune system , sleep , stress , chronic pain and moderating inflammation .
Cannabinoids More than 100 naturally occurring chemical compounds in hemp and marijuana which interact with the ECS in our body .
Hemp Fibre The Bast are the fibres that grow on the outside of the plant ’ s stalk- which can be manufactured into textiles , ropes , and all fibre-based products .
The Hurd ( or shiv ) is the high cellulose , woody core inside the stalk , which can be used for hempcrete and various absorbent products .
Hemp Industry in New Zealand Misuse of Drugs Act ( Industrial Hemp ) Amendment Regulations 2006 and 2018 allows cultivation of low THC ( less than 0.35 %)