One hundred kilometres to the east of Edmonton, a small town is making its mark in a fast\u002Dgrowing sector many have never heard of — industrial hemp. Vegreville…
Long gone are the days when hemp’s uses were limited to such products as clothing, paper, and rope. Today, this highly versatile crop is being used in everything from plastics, to biofuels, to health foods.
This immense versatility is driving explosive growth in the global market. In 2019, the industrial hemp market was valued at $4.46 billion US. In just five years’ time, by 2027, it’s projected to grow nearly ten-fold to $43.75 billion US. Since then, he and his team at InnoTech Alberta have played an indispensable role in establishing hemp as a mainstream crop with industrial applications, including fibre processing, feedstock development, and biocomposite research. Their efforts are bearing considerable fruit.
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