Hemp company raising funds to mass-produce plastic pellets made from agricultural waste

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The Canadian Industrial Hemp Corporation (CIHC) is raising capital to build a facility capable of converting hemp and flax fibres into bioplastics. In an interview with Water Today, Ziner identified three market segments the company is eyeing, with kitty litter leading the way. CIHC has also received $10 million in repayable funds from the federal government to build out the Alberta facility. According to CIHC, the company’s prototype bio-composite pellets, made from agricultural waste, are stronger and lighter than conventional plastics and can be produced at lower costs. So far, CIHC has raised more than $1 million towards its $5 million goal.

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The Canadian Industrial Hemp Corporation (CIHC) is raising capital to build a facility capable of converting hemp and flax fibres into bioplastics.

So far, CIHC has raised more than $1 million towards its $5 million goal.

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