One of Canada’s most profitable food processing companies is planning to capitalize on its success and increase production of what may be the hottest food item in North America.
Hemp Oil Canada which produces and processes Canadian grown hemp seed into hemp seed oil, hemp protein powder and hemp flours, toasted & roasted hemp seed, hulled hemp seed and hemp coffee is planning to triple its production capacity at a new location in Ste. Agathe, MB.
“This spring we will break ground on a new state-of-the-art hemp food processing facility, with a planned move in for late fall 2014” said Shaun Crew, President & CEO with Hemp Oil Canada, which describes itself as Canada’s largest bulk wholesale supplier and private label packager of hemp food products on its website.
The new plant will be some 35,000 sq.ft. of production, processing, packaging, warehouse and office space. The building is being designed and situated to effectively double again in size at a future point.
Hemp Oil Canada has experienced double-digit growth annually for the past 10 years and over the last five years its sales have grown by 221 percent. Profit 500, the guide to Canada’s fasting growing companies, ranked Hemp Oil Canada eighth in the country amongst food processing and distribution firms in terms of revenue growth in the last five years.
“We look forward to moving into a completely automated, food grade facility this year, in order to continue as a world leader in the supply of nutritious hemp food products”, said Crew.