Seed World

Hemp Oil Canada Gets Funding Boost

The Canada and Manitoba governments invest in new equipment to support the growth of the hemp seed processing industry, Manitoba Agriculture, Food and Rural Development Minister Ron Kostyshyn and Ted Falk, Member of Parliament for Provencher, announced._x000D_
“Manitoba’s hemp industry continues to expand, creating new opportunities for farmers, processors and many other stakeholders,” says Kostyshyn. “Hemp is a healthy and nutritious choice, and this is driving consumer demand here at home and around the world. We are pleased to invest in this new equipment with HOCI, as it will increase efficiency and support their ongoing commitment to food safety.”_x000D_
Governments will provide nearly $390,000 to Hemp Oil Canada Inc. (HOCI) to purchase and install a new optical sorter and packaging system at its new processing facility in Ste. Agathe. The equipment will modernize the packing line, improve food safety and ensure the company can remain competitive in the international hemp seed market._x000D_
HOCI is the largest hemp seed wholesaler in North America, with annual sales of more than $25 million. The company employs 30 full-time staff and purchases 10 million pounds of hemp from prairie farmers every year. The new facility is expected to open in summer 2015 and help create 10 new jobs.