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Новости/Аналитика

How Canadians Enter Chinese Hemp Market

14.05.2020

Benchmark Botanics Inc. (holder of Canadian licenses for the cultivation , processing and sale of medical hemp ) signed a cooperation agreement with the China Textile Association of Bast and Leaf Fiber ( China Bast and Leaf Fiber Textile Association, CBLFTA) within the framework of which it is planned to conduct joint research , development , as well as promotion of new products and the most effective commercial use of hemp .A cooperation agreement covers research projects , educational and promotional activities for all essential patents, standards, technologies, and applications, and of industrial and consumer goods available to the Canadian company.

On the pages of the profile electronic publication of Ukrainian hemp breeders , it has already been noted that the largest Canadian companies specializing in working with medical hemp and actively investing in the creation of production capacities in Europe , over the past time, have been curtailing a number of their projects and firing employees. At the same time, their colleagues from Canada and the USA are actively diversifying their areas of presence on the international hemp market not only by investing significant resources in the medical sector of modern hemp breeding not in their “main base”, but by focusing on using other exclusive properties of the plant , for example , hemp fiber . Information about the Canadian company Benchmark Botanics Inc. in a falling hemp market not only expands the scope of its business from the point of view of diversification of investments , but also enters the extremely closed Chinese market can be useful to Ukrainian companies working in the field of modern hemp breeding .

Benchmark Botanics Inc. (holder of Canadian licenses for the cultivation , processing and sale of medical hemp ) signed a cooperation agreement with the China Textile Association of Bast and Leaf Fiber ( China Bast and Leaf Fiber Textile Association, CBLFTA) within the framework of which it is planned to conduct joint research , development , as well as promotion of new products and the most effective commercial use of hemp . A cooperation agreement covers research projects , educational and promotional activities for all essential patents, standards, technologies, and applications, and of industrial and consumer goods available to the Canadian company. “Benchmark” will create a reward program to encourage the development of Chinese hemp breeding and to stimulate project participantsto deepen and expand cooperation in various aspects of modern hemp breeding .

During an interview with Chinese media dedicated to the signing of the above agreement , the CEO of Benchmark Botanics Inc. William Ying said, “In addition to the core business of the Canadian company, Benchmark recognizes the huge commercial value of hemp fiber and its by -products . Partnership with an organization that represents the Chinese fiber industry and understands all aspects of the development of hemp products will provide Benchmark Botanics with a significant advantage in the Chinese market , as well as help the company set new benchmarks for both the hemp industry in China and Canada . ”

Commentary experts of the Association " Ukrainian industrial hemp "

The Bast and Sheet Fiber China Textile Association (CBLFTA) is a national organization founded and registered with the Ministry of Civil Affairs of the Celestial Empire in 1988. CBLFTA currently has about 300 members and represents all the organizations involved in the Chinese hemp industry . Members of the Association are farmers , processors , manufacturers , researchers , entrepreneurs and marketers . The key functions of CBLFTA are to liaise with the government and stakeholders to develop policies and standards in the field of modern hemp breeding , including the dissemination of objective information about hemp plants , promoting the use of hemp raw materials in various fields of management , coordinating research and organizing marketing events .

“Benchmark Botanics Inc.” - a diversified manufacturer of medical hemp , focused on a tripartite vertical business model aimed at the medical , pharmaceutical and entertainment markets of Canada . The company's business plan presupposes a development strategy , within the framework of which the company plans to become a Canadian licensed manufacturer and seller of medical and technical hemp throughout Asia . "Benchmark" is the co-owner of the company that owns the license to the research and development of medical cannabis , issued by the Ministry of Health Canada .

Обучение в рамках "Конопляного Университета"
13.10.2020

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