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CAN: Canada’s Hemp Industry Growing Fast

CAN: Canada’s Hemp Industry Growing Fast

Business is booming for Canada’s hemp industry, and industry experts say it could be on the cusp of even bigger things. Jan Slaski, a senior researcher at the government-funded Alberta Innovates Technology Futures, says she is confident that after several false starts, Canada will soon start to see traction on some of the more industrial uses of hemp. So far, it’s been food products that have put Canadian hemp producers on the map. “Hemp has really made its footprint with the food sector,” says Kim Shukla, executive director of the Canadian Hemp Trade Alliance. In the first four months of 2015, Canada exported $34 million worth of hemp seeds and oil, and is set to surpass the $48 million exported last year. To meet increasing demand for hemp foods, Manitoba-based Hemp Oil Canada is building a $14 million processing plant to triple its production capacity. (Source: canadiangrocer.ca)