In recent years, the agricultural cultivation of industrial hemp has been on the rise. The scope of this plant goes beyond its historical roles of textiles and food as it is proving to be a promising substitute for petroleumbased plastics. This development creates advantages and prospects for the market.
THE ENVIRONMENTAL IMPERATIVE
Waste plastic proliferation in our environment has reached critical levels. A 2021 study in the titled ‘An annual time series of global beach-cast plastic waste’, sheds light on the concerning extent of the impact.