Hey lads what do you think of this taking place tomorrow?
The international market for hemp foods is currently estimated at $1 billion annually. Approval of the plant will pave the way for Aussies to reap the health, economic and environmental benefits of a healthy local hemp food industry, with legalisation of the crop a key step towards more sustainable farming in the country too.
Hemp is a highly nutritious source of plant-based protein and can be used as food ingredients like flour, oil and protein powder.
The decision by FSANZ is a key step toward encouraging Ministers to approve of the plant for human consumption, with a decision due to go before the Australia and New Zealand Ministerial Forum on Food Regulation on Friday, 28 April 2017, when the next Council of Australian Governments meeting is scheduled to take place.
Vita hemp is a hemp seed food company aiming to produce Australia’s first legal hemp seed food products.
QBL hold a 55% stake in MCL who own Vita hemp.
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