“Over 25,000 products can be manufactured from hemp, from cellophane to dynamite.”
ㅤㅤ-Popular Mechanics, 1938

Vast Range of Serviceable End-Markets

Industrial fiber hemp is an agricultural commodity. The fiber’s performance characteristics and environmentally friendly nature make it desirable to many industries. As a result, many products already incorporate hemp fiber in their production, including personal hygiene products, fashion, paper/packaging, and construction/insulation materials.

The list of products incorporating industrial fiber hemp will continue to expand with the establishment of the foundational processing infrastructure in the United States. The consistent availability of high-quality, domestic hemp fiber will incentivize corporations to invest meaningfully in R&D, and many previously impossible opportunities will become viable.

Consumers are Demanding Sustainable Options and Brands Need New Solutions to Meet Sustainability Goals

According to a recent study by Forrester, consumers are more focused than ever on sustainability with 68% planning to step up efforts to identify sustainable brands. Brands’ push to reduce carbon footprint has led to localizing supply chains and brands demanding domestically grown and produced hemp fiber.

The global industrial hemp market size was estimated at USD 4.13 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 16.8% from 2022 to 2030. The market is driven by the growing demand for industrial hemp from application industries, such as the food & beverage, personal care, and animal care industries, across the globe. [1]

Once in a Multi-Generational Opportunity Presents Economic Incentive to All Industry Stakeholders

The passing of the 2018 Farm Bill resulted in the legalization of industrial fiber hemp in the United States and created a rare opportunity to develop a new industry from the ground up in a fair, socially responsible way, capable of providing substantial economic incentives for all stakeholders.

Economic incentive, also known as the opportunity to make a profit, plays a vital role in determining how much capital a company can allocate to Research and Development for a particular project. Industrial fiber hemp is a unique crop as it’s one of the few that can provide both substantial environmental benefits and strong economic incentives.

A Tool for the Transition to Regenerative Agriculture & Bio-Based Economy

CO₂ Sequestration
Industrial fiber hemp is one of nature’s fastest CO₂ biomass conversion tools due to its vigorous growth, deep roots, and ability to thrive with little to no fertilizer, pesticides, or herbicides.

Mop Crop
Industrial fiber hemp can be a tool for land reclamation. In a process called phytoremediation, hemp extracts lead, cadmium, and nickel from contaminated land. The deep penetrating roots increase the efficacy of removing widely distributed contamination. In addition, the cultivation of hemp has also been known to decrease nematode populations and reduce the prevalence of harmful soil fungi.

Water Conscious
Industrial fiber hemp’s roots penetrate deep into the ground to tap sub-soil nutrients and water table, eliminating the need for irrigation. Its high root biomass production, especially in deeper soil layers, provides additional evidence of the instrumental role that industrial fiber hemp can play in the transition to regenerative agriculture.