A hemp revolution is brewing – and the opportunities are endless.
, with the lofty goal to “continue to grow as the largest Hemp Plastic manufacturer in the world,” delivering plastic polymers at competitive prices to replace petroleum-based materials.
According to Beegle, Benhaim and his partner, Kevin Tubbs, plan to process 50 million pounds of hemp plastic this year. “It’s a drop in the bucket to the world consumption of plastics,” he says, “but it’s a big thing for the hemp industry because it’s more than anyone has ever been able to do so far, and he’s got some pretty exciting technology that’s going to be released unto the world in the coming years.
Currently, there are less than a million acres of hemp growing across the planet. Beegle sees this starting to grow exponentially over the next five to 20 years. “I don’t think there’s any way to stop it now."according to Grand View Research. Its compound annual growth rate is expected to expand by 14% during that time, largely driven by hemp’s nutritional and cosmetic qualities.
“But we don’t need hemp turning into another monoculture crop that’s GMO, going to be sprayed and farmed conventionally all over the planet and do the same shit that every other crop does,” says Beegle.
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