Fri, 01 Jul 2022

Investing in Alberta's Hemp Industry

Canada News Centre
22 Apr 2022, 03:40 GMT+10

April 21, 2022 - Edmonton, Alberta - Agriculture and Agri-Food Canada

In partnership with the federal government, the province of Alberta has awarded two grants totaling $900,000 to help grow the province's hemp industry.

INCA, a globally recognized hemp manufacturing company, will receive a grant of up to $400,000. INCA will use the funding to build a new $72-million hemp processing facility in Vegreville.

Blue Sky Hemp Ventures, a global leader in hemp whole plant utilization, will receive a grant of $500,000 to advance a proposed $75-million hemp food processing facility in Alberta.

Both projects are funded through the Emerging Opportunities program under the Canadian Agricultural Partnership, which supports strategic initiatives that contribute to significant sector growth and job creation in Alberta.

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