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Hemp is a commonly used term for varieties of the cannabis plant and its products, which include fiber, oil, and seed. in many countries regulatory limits for concentrations of psychoactive drug compounds in hemp encourage the use of strains of the plant which are bred for low tetrahydrocannabinol (thc) content or otherwise have the thc removed. hemp is refined into products like hemp seed foods, hemp oil, wax, resin, rope, cloth, pulp, and fuel.