The Hemp Products Sector comprises of companies that deal with producing and selling hemp products. Although both hemp and cannabis belong to the same plant species, hemp contains higher concentrations of CBD - the non-psychoactive compound and lower concentrations of THC - the psychoactive compound. It is regarded as one of the most versatile plants in the world and is used widely for making various products including clothing, food, paper, beverages, textile, biofuel, as well as different CBD products that are used specifically for medical purposes.