Vegreville facility helping develop possible $1-billion Canadian hemp industry
InnoTech Alberta’s Vegreville research centre is on the cutting edge of a booming Canadian hemp industry one scientist predicts will be worth $1 billion annually within a few years. That’s roughly five times the industrial hemp industry’s current approximately $200-million value, but InnoTech Alberta’s Jan Slaski says the business is poised to become larger. His office is already crammed with such hemp items as insulated construction blocks; erosion control mats; lightweight, dent-resistant car parts; and a longboard made from a fibreglass-like bio-composite, not to mention beer, granola and Grande Prairie’s Stoked Vodka.
Read more about this in the Edmonton Journal here.