New Zealand: Unravelling hemp's potential
Isaac Beach, sporting a hemp briefcase, is looking for partners for a bigger industrial hemp trial in Hawke's Bay.
With an MBA under his belt Isaac Beach went looking for opportunity.
The event manager, who worked several years with Rhythm and Vines, decided his opportunity was industrial hemp from the cannabis plant.
It is grown legally throughout New Zealand but not in Hawke's Bay. The New Zealand market is for its oil but he saw a potential for the fibre's insulative/building potential, filling an urgent need in social housing.
This week the Government announced a new law that would require retrofitting of ceiling and underfloor insulation in rental homes over the next four years. It would apply to social housing from July 1, 2016, and other rental housing from 2019.
Industrial hemp can be processed into foods, oil, wax, resin, rope, cloth, pulp, paper, fuel and building materials. BMW lines...
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