Canadian hemp is speeding onto the world stage in the 2022 Winter Olympics opening Friday in Beijing.
Calgary, Alberta-based processor Canadian Greenfield Technologies sent more than 60,000 pounds of its NForce-Fiber for use in competition luge and bobsled tracks.
The fibers were used in place of plastic fibers as a concrete strengthener.
The company sells hemp fibers for outdoor construction projects that use sprayed concrete – commonly called shotcrete – such as outdoor pools and skate parks. The fibers strengthen the concrete.
The company also made consumer hemp products, including cat litter, hemp-derived potting soil and food-preservation pads.
Earlier this week the company sold its hemp-products division to HEMPALTA, a newly formed hemp company also based in Calgary, for an undisclosed price. CGT retains its NForce-Fiber products and its business selling proprietary fiber processing equipment.
HEMPALTA is being led by Darren Bondar, former CEO of marijuana retailer Spirit Holdings Ltd.
