Demand for Hemp is huge in the U.S., but American farmers can't grow it. In Canada the government is helping the Hemp Industry grow as a form of stimulus. America has yet to re-embrace the potential in it's own hemp industry. Even though American farmers have been begging to be able to grow it. - Baked Life
The [Canadian] federal government is pumping more than $700,000 into the hemp industry as it looks to increase production capacity and make inroads into the American market. A $410,000 repayable contribution is going to Fresh Hemp Foods to purchase and install new processing equipment in its new 20,000 square foot facility.
A $300,000 repayable loan is going to Hemp Oil Canada to purchase and install new air classification milling and cold press oil expeller technology. Meanwhile, the federal government is investing nearly $19,000 in the Canadian Hemp Trade Alliance's efforts to reach the U.S. market.
In 2009, exports of hemp seed and hemp products were valued at more than $8 million, with most of that going to the United States. While hemp's use as a fibre is well known, it also has many nutritional benefits and is used in pastas, salad dressings and frozen desserts.
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