The economic potential of the hemp industry is undeniable. The hemp market was worth $170 million dollars in 2016 and according to Forbes is projected to reach the $1 billion mark in the next five years. Since hemp agriculture was reinstated in 1998, Canada’s leadership has become front and centre on the world stage, and the Canadian Hemp Trade Alliance estimates that by 2020 Canadian hemp products will be worth $300 million. Canada’s landmark approach to hemp agriculture has opened the door for novel business opportunities for a new generation of entrepreneurs; and the proliferation of hemp products is suggestive of an explosive industry. Standing out in a potentially saturated market comes down to finding an untapped niche and selectively choosing your business partners. The status quo is no longer as viable or as lucrative as it once was.
For example, Hemp Naturals Inc is a Canadian distributor of hemp based products that has strategically partnered with the United Cannabis Society (UCS) – we’re an Alberta-based non-profit organization that focuses on patient and physician education. Our unique partnership is the basis for a social enterprise in which a portion of Hemp Naturals’ profits are donated to the UCS.
Using their proprietary nanotechnology and extraction processes, Hemp Naturals provides high quality consumable and topical products. Hemp Naturals’ 44 patented products are THC- and GMO-free and sourced from sustainable agricultural practices. They’re available for purchase without a prescription and each product is combined with its own unique blend of adaptogenic herbs to provide instant, temporary relief of symptoms.
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