Hemp is a term used to refer to the soft, fleshy stems of the cannabis plant. On the other hand, hemp seed oil is pressed from the seeds of the plant. Hemp seed oil is typically cold pressed and has various uses from cooking to medicinal remedies. People often mistakenly associate hemp with the psychoactive effects of recreational or even medicinal marijuana. However, it has a low tetrahydrocannabinol (THC) content. THC is the substance in marijuana that’s responsible for these effects.