Industrial Hemp Market Potential

The industrial hemp industry is presently driven by the expanding grain industry. Fibre markets and processing capability is being developed but at present there is not commercial processing and markets available. Currently there are plans for a fibre processing facility in the Parkland region. (Parkland Biofibre)

There are numerous companies in Manitoba that contract hemp for production of food and body care products. Food products include oil, dehulled hemp seeds or nut, flour, toasted hemp seed, coffee, butter and protein powder. Body care products include shampoo, conditioner, hand lotion and lip balm.

Overall, Growers should proceed With Caution as the market place is small but growing. Contracts are recommended to ensure a market and an economical return. Based on research and producer experience, we know we can grow this crop and grow it well in Manitoba. While the market situation is developing, both prices and potential acreages for the near future remain limited and somewhat uncertain. It must be emphasized to prospective growers that they must apply for a license or they will not be legally able to grow hemp.