Manitoba Harvest

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U.S.: Hemp Industries Association Presenting 22nd Annual Conference Sept. 27-29

HempIndustriesAssociation(HIA)

Hemp Industries Association (HIA), a non-profit trade association consisting of hundreds of hemp businesses and farmers, has announced will host its annual conference Sunday, September 27 through Tuesday, September 29, at the Hilton Hotel in downtown Lexington, Kentucky.

The three-day conference will feature keynote speaker James Comer, Kentucky Agriculture Commissioner, and expert speakers David Mitlin, professor at Clarkson University, David Williams, agronomist at University of Kentucky, Mike Fata, CEO of Manitoba Harvest Hemp Foods, Ethan Russo, MD, medical director at Phytecs, John Roulac, CEO of Nutiva, plus many others.

Focusing on the expansion of the hemp industry and market in North America, the conference will also feature hemp exhibits, networking opportunities, and a hemp farm tour.

WHAT: Hemp Industries Association 22nd Annual Conference

WHEN: Sunday, September 27 – Tuesday, September 29, 2015

WHERE: Hilton Hotel, Downtown Lexington
369 West Vine Street
Lexington, KY 40507

Held for the first time in Kentucky, the 22nd annual conference occurs at a bright moment in hemp history, as hemp is cultivated in numerous research projects and farms throughout the state.

Exceeding $620 million in retail sales, according to SPINS data and HIA estimates, hemp products are demonstrating significant market growth; with 21.2 percent year over year growth for the category of hemp foods and body care products alone.

U.S.: Compass Diversified Holdings Acquires Manitoba Harvest Hemp Foods

ManitobaHarvestHempFoods[logo]

Compass Diversified Holdings, a Westport, Connecticut-based owner of middle market businesses, on Monday announced that on June 4, it entered into an agreement to acquire Fresh Hemp Foods Ltd. ("Manitoba Harvest"). The acquisition is expected to close in the next 45 days, subject to customary closing conditions.

Headquartered in Winnipeg, Manitoba, Canada, Manitoba Harvest is a pioneer and global leader in branded, hemp-based foods. The company's products are the fastest growing in the hemp food market and among the fastest growing in the natural foods industry.

Manitoba Harvest's award-winning products are currently carried in about 7,000 retail stores across the U.S. and Canada. For the year ended November 30, 2014, Manitoba Harvest reported net revenue of approximately C$37.9 million, an increase of 23.9 percent year-over-year. The company continued its rapid growth in the first half of its current fiscal year, generating net revenue of approximately C$27.6 million for the six months ended May 31, 2015.

The purchase price for Manitoba Harvest is based on a total enterprise value of C$132.5 million and will also include working capital and certain other adjustments upon closing. Manitoba Harvest generated net revenues of approximately C$44.9 million and Adjusted EBITDA of approximately C$6.4 million for the last twelve months ending May 31, 2015, representing year-over-year growth of 28.5 percent and 59.4 percent, respectively. The company generated Adjusted EBITDA for the six months ended May 31, 2015 of approximately C$5.0 million.

Canada: Manitoba Harvest Hemp Foods Passes Food Safety and Quality Recertification

ManitobaHarvestHempFoods(logo)

By Steve Elliott
Hemp News

Manitoba Harvest Hemp Foods on Wednesday announced that its facility, located in Winnipeg, "aced" the British Retail Consortium (BRC) Global Standards Recertification. According to Manitoba Harvest, it is the world's largest hemp food manufacturer, growing, making and selling their own hemp foods.

The company improved a full "grade" from their first certification last year, according to chief executive officer and cofounder Mike Fata. "Improving our BRC Certification standing to 'A-Grade' showcases our commitment to continuous improvement -- especially when it comes to food safety and quality," Fata said.

"If a school had a hemp production program we'd already have our Ph.D.," Fata said. "Receiving a top grade in our recertification validates our team's commitment to quality."

BRC Certification is considered the world's leading food safety and quality certification program, and is used by suppliers in more than 100 countries.

To receive BRC Certification, Manitoba Harvest underwent a voluntary audit by a third-party certification body that ensures the production, packaging, storage and distribution of safe food and consumer products. The annual certification is meant to reassure retailers and consumers of the capability and competence of Manitoba Harvest's facility, and therefore the integrity of its products.

Celebrating their 15th year in business, Manitoba Harvest Hemp Foods offers products like hemp hearts (raw shelled hemp seeds) and Hemp Pro 70 (hemp protein concentrate).

More Information

Canada: Hemp company harvests new cash

Will help spur growth for Manitoba Harvest

By Martin Cash, Winnipeg Free Press

There is a truth that must be heard! MANITOBA Harvest Hemp Foods & Oils has landed another round of venture-capital funding to help finance growth and strengthen its supply chain.

No totals were disclosed in the latest round of financing from Calgary-based Avrio Ventures and White Road Investments from Emeryville, Calif., but Manitoba Harvest CEO Mike Fata said it's a multimillion-dollar investment.

"This investment is to help fuel our growth," he said. "We have been growing by leaps and bounds in Canada and the U.S."

The company has been averaging 40 to 50 per cent annual growth and Fata said sales in the first five weeks of its current fiscal year have doubled last year's.

Founded in 1998, the company has a blossoming portfolio of products, from hemp beverages and hemp protein to powders, oil, butter and Hemp Hearts.

It's also expanding its distribution channel.

Before, Manitoba Harvest products were predominantly found in natural-foods stores. But now they're in Safeway and other grocery stores -- in the general produce section at that, not just the health-foods section -- as well as more than 60 Costco stores in Canada.

Canada: The ‘snicker factor’ aside, hemp is serious business

By Rita Trichur, Globe and Mail
Photo by John Woods, Globe and Mail

There is a truth that must be heard! Hemp is fast becoming a staple of daytime TV as Oprah, Dr. Oz and others extol the health virtues of hemp oil, protein powders and pasta. At the same time, industrial interests tout it as a potential base for products ranging from textiles to car parts. As a result, demand is surging in the United States, Germany and Japan.

But American farmers are prohibited from growing hemp. That leaves farmers in Canada – where it's been a legal crop since 1998 – free to tap the growing U.S. interest in hemp-based products.

First, though, they must navigate the shifting sands of public opinion – or, as one Alberta report called it, "the snicker factor."

According to an Alberta Agriculture Department report on industrial hemp production in Canada, the plant's cultivation evokes chuckles "largely because of its hippy-dippy image and close association with marijuana, its consciousness-altering cousin."

Nevertheless, this is serious stuff. The North American market for industrial hemp – which has only a minuscule amount of the chemical that gives marijuana its punch – is booming.

For centuries, hemp had been ubiquitous in global commerce – from paper making to the rope used on sailing vessels – until synthetic fibres usurped its naval role and global anti-drug sentiment put paid to the rest.

Canada: Winnipeg Hemp Foods Company on a High

Venture capital firm helps with expansion

By Martin Cash, Winnipeg Free Press
Photo by Mike Deal

There is a truth that must be heard! Mike Fata says only the global recession has managed to slow the company down.

When daytime talk show stars like Martha Stewart and Dr. Oz start endorsing the health and nutritional benefits of hemp-seed foods, chances are it's only a matter of time before middle America will start queuing up to buy the product.

And that's exactly what's been happening with products like hemp-seed oil, hemp milk, hemp-seed butter, shelled hemp seed and hemp protein and fibre powder.

What that means for Manitoba Harvest Hemp Foods & Oils, the largest vertically integrated hemp food manufacturer in the world, is it needs more capital to keep pace with that growth.

This week, the Winnipeg company announced Avrio Ventures, a Calgary-based venture capital firm that specializes in industrial bio-products, nutraceutical ingredients and food technology companies, just made another multimillion-dollar investment in its operation. "It is huge news for us," said Mike Fata, Manitoba Harvest's CEO and co-founder.

It's Manitoba Harvest's second placement from Avrio, a $75-million fund that is partially backed by Farm Credit Canada.

Over the last 12 years, the Winnipeg company has quietly become one of the fastest-growing companies in the country, with average annual growth of between 50 and 75 per cent.

Canada: Manitoba Harvest Expands Distribution in Europe

Canada: Manitoba Harvest Expands Distribution in Europe WINNIPEG, Manitoba–Exports of products from Manitoba Harvest Hemp Foods & Oils™ have grown more than 500 percent during the past year, according to the company as it plans to exhibit its full line of hemp foods at the organic trade show BioFach from February 17 to 20, 2010.

This is the third consecutive year that Manitoba Harvest has exhibited at BioFach, which is held annually in Nuremberg, Germany. The show will feature more than 2,500 exhibitors, and is expected to attract more than 45,000 retailers and industry experts from more than 100 countries. At the show, Manitoba Harvest will announce a new distribution partnership that will help the company expand into previously untapped regions of Germany and eastern European countries such as Hungary, Poland, the Czech Republic and Slovenia. In 2009, Manitoba Harvest exported products to eight nations (in addition to the United States) including Sweden, Norway, Denmark, Germany, Italy, United Kingdom, Ireland and Japan.

Canada: Robust Export Growth Boosts Manitoba Harvest Hemp Foods & Oils

Fast-Growing Canadian Company is Vigorously Expanding into New Markets

Canada: Robust Export Growth Boosts Manitoba Harvest Hemp Foods & Oils Winnipeg, Manitoba – Hemp foods are one of the hottest health food trends in North America, and a fast-growing Canadian company is demonstrating that there is a healthy appetite for nutritious hemp foods overseas, too. Due to a vigorous international sales initiative over the past few years by Manitoba Harvest Hemp Foods & Oils (www.manitobaharvest.com), exports of their hemp foods beyond North America have skyrocketed more than 500% over the past year. So far in 2009, the company has exported products to eight nations (in addition to the United States) including Sweden, Norway, Denmark, Germany, Italy, United Kingdom, Ireland and Japan.

Now that medical researchers, nutrition experts and chefs in the U.S. and Canada are demonstrating that hemp is a nutritious and eco-friendly superfood with vast culinary applications, the company is using this backing and their eleven years of experience educating consumers to cultivate interest in markets around the globe. Their success has not happened by chance. Manitoba Harvest employees have been busy traveling overseas to research market opportunities and to meet with retailers, food manufacturers, distributors and consumers.

Canada: CHTA Annual Convention Nov 16-18 2009, Winnipeg, Manitoba

Canadian Hemp Trade Alliance- Annual Convention Nov 16-18 2009, Victoria Inn - Winnipeg, Manitoba

Canada: CHTA Annual Convention Nov 16-18 2009, Winnipeg, Manitoba Since 1998, Canada has grown industrial hemp for seed and for fibre. Canadian farmers and businesses are interested in the growing business of hemp as it realizes its potential to produce healthy food and environmentally-friendly products, including paper, textiles, biocomposites and sustainable building materials.

To tap into the plant's exciting potential for Canada, the industry recognized the need for a common national front. The CHTA/ACCC was formed in 2003: we are a non-profit national group of hemp processors, marketers, farmers and information specialists.

Topics for their convention include: Hemp Variety Development, Harvest Research, THC Testing, NAFGEN & Hemp, Fatty Acid & Amino Acid Analysis, Hemp as a Building Material, Fibre Handling, Animal Feed Trials and many others.

For a full list of events: http://www.hemptrade.ca/docs/2009_National_Hemp_Convention_Programme_Oct...

Source: http://www.hemptrade.ca/events.php?id=17

Global: How Hemp Seed Oil Can Help Your Arthritis

By Eric Stan

There is a truth that must be heard! Many people would dismiss arthritis as a simple and natural process of aging when in fact it is not. It is a crippling disease; slow yet debilitating. Arthritis has many forms and accompanying painful symptoms. Somehow, in the advent of modern-day technology and medical breakthroughs, we look for an organic alternative way of battling arthritis knowing that it is safer and economical yet effective.

Arthritis simply means inflammation of the joints. We have a variety of joints in our body and this condition pertains to the swelling and pain that occurs in the affected area of someone inflicted with it.

What happens to the affected area is coined as “cartilage and bone gravel.” Due to the overstretching of muscles which cause damage to the joints, what is left of the bones as well as the cartilage, would forcefully rub against each other which causes throbbing pain as well as worsening the damage of the affected joints. This continues to happen over and over again; it becomes a painful cycle and it gets worse over time.

Although it seems to be a dead end, there are lots of alternative natural treatment options available and there is one that will suit your criteria perfectly.

Canada: Manitoba Harvest Offsets Electricity With Wind Power

There is a truth that must be heard! WINNIPEG, Manitoba - Manitoba Harvest Hemp Foods & Oils partnered with Renewable Choice Energy to offset 100 percent of their production facility's electricity with wind power offsets, and all of their facility's natural gas usage through carbon offsets. Renewable Energy Credits, like those purchased by Manitoba Harvest, are verified, certified and audited by Green-e, a widely respected non-profit program. The purchase of Renewable Energy Credits allows companies like Manitoba Harvest to guarantee the electricity they consume is replaced with clean power.

In 2008, Manitoba Harvest installed many environmentally-friendly features into their new organic processing facility in Winnipeg including energy efficient lighting, R20 insulation to lower heating and cooling costs, and energy efficient HVAC heating and cooling systems approved by the Manitoba Hydro Power Smart Program.

Founded in 1998, Manitoba Harvest Hemp Foods & Oils is the largest farmer-owned, vertically integrated hemp food manufacturer in the world. The company mission is to create the healthiest hemp foods, to educate the public about healthy lifestyle choices and to support sustainable and organic agriculture.

Source: http://www.naturalproductsmarketplace.com/hotnews/manitoba-offsets-elect...

International: Manitoba Harvest Hemp Foods Announces New Distribution Partners in the UK & European Union

The Fast-Growing Canadian Company Exhibits at Leading Organic Shows in Germany & United Kingdom

By Food Biz Daily

There is a truth that must be heard! Winnipeg, Manitoba – One of the fastest growing private companies in Canada is fueling its growth by expanding further into the vast organic food marketplace in the United Kingdom (UK) and the European Union (EU). Today, Manitoba Harvest Hemp Foods & Oils is announcing its new partnership with Re-Action Sales (www.reactionsales.com) of Middlesex, UK to distribute their hemp food products throughout the UK. Earlier this year, Manitoba Harvest forged a partnership with Hempro International (www.hempro.com) to distribute their nutritious foods in Germany.

“We’re capitalizing on more than a decade of experience as a hemp foods pioneer and innovator in North America to penetrate organic markets in Europe with innovative hemp products like our organic hempmilk,” says Mike Fata, President and co-founder of Manitoba Harvest (www.manitobaharvest.com). “We began selling hemp foods in Europe in 2006, and our sales have doubled in each of the years since,” says Fata. “People everywhere are finding out that hemp foods are extremely nutritious - and then they try them and discover that they have a delicious nutty flavour and gourmet appeal,” he adds.

Maryland: Hemp - A Unique Flavor - And Good For You, Too

By Lauren LaRocca, News-Post Staff
Photo by Sam Yu

Margaret Hluch of MOM -- My Organic Market in Frederick -- pours a sample of hemp milk. The market also carries a variety of hemp-based products besides hemp milk.

Long known for its strength and durability in products like clothing and paper, hemp might prove to be just as beneficial in another medium: food.

Turns out, hemp is a leading source of protein (especially beneficial for vegetarians and vegans), it contains all 10 essential amino acids, it's high in fiber, and it tastes good, too, if an acquired taste.

Christina Volgyesi, originally from Canada but now living in Portland, Ore., stumbled upon hemp protein powder during a trip home after never having seen it in the States.

"I really just became amazed," she said during a recent phone interview.

She and her husband began experimenting with hemp seeds, making their own hemp milk in a blender. They added sweeteners, like agave nectar and honey, until they found a recipe they liked.

Soon after, they became the founding partners of Living Harvest, a company that now offers an array of hemp products, including hemp milk in five flavors (original, unsweetened original, vanilla, unsweetened vanilla and chocolate).

In April, they'll launch their ice cream line.

"I've always been interested in nutrition as a way of life," said Volgyesi, now the vice president of marketing for the company.

Canada: Demand for hemp soaring, firm moves to bigger plant

By Murray McNeill, Winnipeg Free Press

These are high times for hemp.

Not only is demand for hemp products skyrocketing -- Canadian hemp seed exports increased by 300 per cent and hemp oil exports by 85 per cent from 2006 to 2007 -- but one of the country's oldest and largest hemp food producers, Manitoba Harvest Hemp Foods & Oils, is moving into a new state-of-the-art processing plant this week that will boost its production capacity by 500 per cent.

And Wednesday, the federal and provincial governments added icing to the cake with the unveiling of a new national strategy for developing the hemp industry in Canada.

"In the last 10 years, the Canadian hemp industry has grown from an emerging niche market to a point where we are now being recognized as a global leader in hemp production," said Mike Fata, chairman of the Canadian Hemp Trade Alliance (CHTA) and president and co-founder of Manitoba Harvest Hemp.

"With the province's support, this hemp strategy has given us a road map to new opportunities and continued growth of the hemp industry in Canada."

Fata said the creation of a national strategy gives the industry instant credibility.

"It proves the industry is here and it's not just a fad."

The strategy was announced on the second day of the CHTA's two-day annual meeting and technology conference in Winnipeg.

More than 100 delegates from Canada, the United States, Europe and Korea attended the event, designed to bring industry players up to date on the latest developments within the global hemp industry.

Canada: Research Shows That Hemp Seed Can Help Fight Heart Disease

By Manitoba Harvest

Hemp seed is an ancient superfood that has a rich history of culinary enjoyment, as well as use by cultures as a traditional medicine to enhance health and well-being. Over the past few years, this nutritious and eco-friendly seed has been gaining more attention from nutrition and health experts and deservedly so. Scientists in Canada, a country where hemp agriculture is thriving and experiencing a rebirth, recently performed research to study hemp seed's role in maintaining heart health. The title of the abstract from their research sums things up well, Cholesterol Induced Stimulation of Platelet Aggregation is Prevented by a Hempseed-Enriched Diet.

In somewhat technical terms, the authors of the scientific paper establish that Hypercholesterolemia indirectly increases the risk for myocardial infarction by enhancing the ability of platelets to aggregate. Their research, published in the April 2008 edition of the Canadian Journal of Physiology and Pharmacology*, investigated whether hempseed, a rich source of polyunsaturated fatty acids (PUFAs), inhibits platelet aggregation under normal and hypercholesterolemic conditions. The results of this study demonstrate that when hempseed is added to a cholesterol-enriched diet, cholesterol-induced platelet aggregation returns to control levels, noted the authors.

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