2 Alberta hemp processors awarded CA$900,000 to expand production

Two hemp manufacturing plants in Alberta, Canada, will get roughly 900,000 Canadian dollars ($700,000) in public grants for improvements to expand fiber and grain processing through a joint federal-provincial program.

The companies – INCA Renewtech and Blue Sky Hemp Adventures – are building processing facilities worth more than CA$70 million each.

INCA Renewtech’s facility will make hemp fiber materials for composites manufacturing used for vehicles, renewable energy and environmental absorbance.

The Blue Sky Hemp Adventures grant will allow the company to expand hempseed oil production for use in foods and cosmetics and production of hemp protein concentrate, making it the first large-scale hemp food processing facility in the province, the government said.

Alberta produces about 40% of Canada’s total hemp output, according to Doug Schweitzer, Alberta’s minister of Jobs, Economy and Innovation.

Expert advice for a stronger shelf life

Learn the fundamentals for getting started in cannabis retail in this comprehensive guide curated by the editors at MJBizDaily with help from industry experts.

Inside the MJBizDaily Retail Buyers Guide:
  • Learn best practices for designing a cannabis dispensary.
  • Select display infrastructure that supports industry compliance.
  • Choose the right point-of-sale system for your operation.
  • How to incorporate e-commerce and home delivery.
  • And more!

 

“This investment will not only increase the demand for Alberta-grown hemp, it will also create new manufacturing and processing jobs,” he said in a statement.

The grants are part of a joint federal-provincial initiative created two years ago through the Canadian Agricultural Partnership.