The Ministry for Primary Industries is investing $1.34 million in hemp research and development through its Sustainable Food and Fibre Futures fund (SFF Futures).
Funding recipient New Zealand Natural Fibres (NZFN) is itself putting $2 million into the five-year programme, which will explore flooring, food packaging and activewear among other innovations.
NZFN chief executive Colin McKenzie says it’s pleasing to have government backing.
“Hemp has huge potential to be part of the solution to some of the most crucial environmental challenges facing our planet today,” McKenzie says.
He says the funding will be used to both ramp up innovation and enhance the company’s growing, processing and marketing capability to propel it toward a global leadership position in the industry.
On the innovation side, NZNF will be developing blended wool and hemp fibres for use in soft flooring and outdoor activewear, McKenzie says. Continue reading