NZ HEMP EXPORT DRIVEN INVESTOR (Full Report) Full Report | Page 56

56 Investor Report Industrial Hemp Sector New Zealand ’ s New Export Opportunity 2020

APPENDIX 1 - SCENARIO MODELLING ASSUMPTIONS

Extracts Value ( cannabinoids etc ) in 2030 - NZ $ 1.5 billion

• 1,000 hectares CBD flowers planted

• Using Wine share as a surrogate variable for the CBD market- NZ has 1 % of the global wine production in 2019 and 1.5 % of total CBD / cannabinoid nutraceuticals

• Total World Market CBD value in 2030 is forecast to be US $ 64.5 billion ( NZ $ 100 billion ) with an annual CAGR of 22.2 % ( https :// www . grandviewresearch . com / industry-analysis /

cannabidiol-cbd-market )

• Total = NZ $ 2.0 billion ( 2 % of the global market )

Fibre value in 2030- $ 317 million

• 10,000 hectares of Hemp fibre is planted in 2030

• Fibre : 80 % medium to high tech applications , 20 % low tech

• Hurd : 20 % low tech applications , 80 % medium to high tech

• Total = $ 317 mil

Seed Value in 2030 - $ 183 million

• 10,000 hectares for seed planted in 2030

• Pressed oils- bulk 20 %

• Pressed oils -own brand- 5 %

• Pressed oils with cannabinoids removed

1 %

• Nutraceutical extracts from seeds / hulls 5 %

• Seeds and fibre for food manufacturers 50 %

• Own brand / health products 19 %

Job Creation in 2030 Hemp is comparable to the Wine Industry which has a similar industry value chain and 20,000 jobs :

• Growers

• Wine makers

• International wine marketing

• Hemp estimate - 20,000 full time jobs ( based on $ 100,000 / job with $ 2 billion revenues ).

APPENDIX 2 - BIBLIOGRAPHy

1 . CBD safe for Human consumption https :// www . rtor . org / 2019 / 07 / 05 / who-reporton-cbd-oil /

2 . The Hemp Value Chain – Manufacturing Raw Materials into Products https :// newfrontierdata . com /

tag / hemp /

3 . https :// www . newswise . com / articles / the-discovery-of-the-endocannabinoid-system-centuries-in-the-making

4 . https :// en . wikipedia . org / wiki / Endocannabinoid _ system

5 . Hempseed in food industry ; nutritional value , health benefits and industrial applications , William Leonard et al , 2019

6 . Top Hemp Countries https :// ministryofhemp . com /

blog / hemp-growing-countries /

7 . Consumer demand for CBD https :// www . foodnavigator-usa . com / Article / 2019 / 12 / 16 / CBDawareness-on-the-rise-spark- ing-need-for-consumer-educa- tion

8 . Australia -CBD safety https :// www . tga . gov . au / sites / default / files / review-safety-low-dose-cannabidiol . pdf

9 . Over the counter CBD https :// www . tga . gov . au / consultation-invitation / consultation-proposed-amendments-poisons-standard-joint-acmsaccs-meetings-june-2020

10 . Report 2018 ‘ top-10- US-States ’