Hemp oil is an excellent moisturizer for your lips. It contains a rich profile of nutrients, useful bioactive compounds, and healthy fatty acids such as omega and linoleic acid. ... These are important nutrients for cellular health and are excellent for relieving or preventing splitting and chapped lips.Hemp seed oil is very nourishing, without being too greasy on the skin When used in a lip balm, CBD extract works to moisturize dry, damaged lips. “CBD is very nourishing and has anti-inflammatory properties that can help soothe chapped skin