More Americans than ever have begun to include hemp oil as part of their daily routines, whether as a nutritional supplement in the form of a capsule or tincture, or in cosmetic applications as a salve. In fact, according to estimates from Hemp Business Journal, the hemp oil market, which was valued at around $190 million in 2017, is projected to grow to $646 million by 2022.
Despite this astronomical growth, however, many consumers are still unclear about what exactly hemp oil is. That’s why knowledge from experts like Functional Remedies Chief Science Officer Tim Gordon is crucial. An international hemp expert with more than 25 years of experience working with the plant, Gordon acts as board president of the Colorado Hemp Association, is an advisor for the National Hemp Association, and is a sought-after speaker and expert for all things hemp.
To set the record straight, Gordon laid out the facts and myths around hemp oil:
1. Hemp oil contains a variety of phytocannabinoids — plant-based chemical compounds — including the well-known CBD, or cannabidiol. But CBD is only one of the hemp plant’s hundreds of cannabinoids. The plant also contains phytonutrients, essential fatty acids, and polyphenols, which often correlate with good overall health.
2. Hemp oil is non-intoxicating. In other words, hemp oil does not get you high. By law, a hemp plant (unlike the marijuana plant) contains less than 0.3 percent THC, the compound that does get you high.
3. Hemp oil is not the same as hemp seed oil. Hemp seeds, which are also part of the hemp plant, are often cold-pressed into an oil which can then be used in food and cosmetic products. However, hemp seed oil does not contain the same variety of phytocannabinoids that hemp oil does.
DISPELLING ONE BIG MYTH
Hemp oil is not snake oil: The hemp oil market is saturated, which means that the product efficacy and trustworthiness of many companies operating in the hemp space is dubious in many cases.
The reason for this has to do with the hemp’s journey to legality. While the 2018 Farm Bill legalized hemp once and for all (prior, the 2014 Farm Bill had legalized it only for limited state-university collaborative research), historically products made from hemp have had to be imported into the U.S. from countries like China or Romania, where oversight is lax and where there are no required testing standards to ensure hemp oil is safe, and free of toxins and other pollutants.
To this day, some hemp companies make a lot of promises about the safety and efficacy of hemp oil with nothing to back it up and will charge a lot of money for an inferior product.
Hemp oil from Functional Remedies is sustainably grown from proprietary hemp strains in Colorado, where the law demands rigorous testing. FR’s hemp oil then goes through testing by a third party to ensure it contains the highest possible phytocompound concentrations and the broadest spectrum of phytonutrients, phytocannabinoids, and essential terpenes.