Ancient Knowledge, Modern Science—Hemp Horizons Enters Medicinal Hemp Space3 min read . Updated: 04 Feb 2023, 06:48 PM IST
Hemp Horizons, a B2B2C company, with its in-house machinery and rigorous quality checks is ready to venture into the billion-dollar medicinal hemp market. Working in close association with experts, the company aims to manufacture products with a zero-waste policy and a carbon-negative footprint
The global industrial hemp market, which was estimated to be worth USD 4.9 billion in 2019, is now forecast to reach USD 18.6 billion by 2027. Due to the rising health awareness among people and growing demand for advanced medical technology, the Asia-Pacific region is expected to achieve the highest growth in this field this decade. Entering this billion-dollar market is Hemp Horizons, which has been working for the past six years to produce dietary and personal care products from hemp seeds and hemp oil, and is now set to venture into the medicinal hemp space.