Hempseed oil should not be confused with hemp oil. It is the result of pressing the seed of the cannabis plant (or hemp). It varies from hemp oil in that hemp seed oil has a very low level of psychoactive molecules. Hemp seeds themselves do not contain psychoactive molecules. Hemp oil is greenish in color; hempseed oil is clear and colorless.

Hempseed oil has very little flavor and lacks natural vitamins and antioxidants. The benefits of hemp seed oil center on the production of industrial oils for use in lubricants, paints, inks, fuel and plastics. It is also used in the manufacture of soaps, shampoos and detergents. Hempseed oil also has high nutritional value because its 3:1 ratio of omega-6 to omega-3 essential fatty acids matches the balance required by the human body. It has a pleasant nutty flavor that is ideal for use in salad dressings. It can be taken as a nutritional supplement for general health and well being.