The governments of Canada and Alberta are supporting the Alberta Hemp Alliance (AHA) with a one-time grant to set up a provincial business affiliation for hemp processing. The AHA will receive greater than $300,000 over two years, by means of the Canadian Agricultural Partnership (CAP).
The grant will assist AHA construct capability to fulfil its mandate because the provincial affiliation for the hemp business within the province. AHA intends to be self-sustainable past its first years of operation by creating income streams from membership charges, an business gross sales levy, training and coaching, webinars, conferences, and commerce reveals.
Marie-Claude Bibeau, Minister of Agriculture and Agri-Meals Canada (AAFC) says supporting the hemp business is a crucial alternative for producers as it’ll present new market alternatives, and a method to diversify their crop rotation.
CAP has additionally supplied greater than $950,000 in grants to BioComposites Group Inc. (BCG) up to now three years, to help development within the hemp fibre business in Alberta. BCG sources hemp straw, which was beforehand seen as waste, from Alberta farmers.
Devin Dreeshen, Minister of Alberta Agriculture and Forestry, says the investments into the hemp business are a game-changer for Alberta.
“It’s great to see BCG and the AHA committed to rural revitalization and supporting our ambitious targets for job creation, investment attraction, and increased agricultural and value-added exports,” says Dreeshen.
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