Fata’s ability to overcome many business challenges has earned him a full-page write-up in the current April 2005 edition of Entrepreneur Magazine.
Fata’s ability to overcome many business challenges has earned him a full-page write-up in the current April 2005 edition of Entrepreneur Magazine.
Hemptown Clothing Inc received confirmation of $223,118.00 from the Government of Canada’s Scientific Research and Experimental Development program (SR&ED).
In just five years, Mike Fata, 28, and his two partners at Manitoba Harvest Hemp Foods & Oils have built a healthy business from the ground up, literally. What started as a seed of an idea and $50,000 in sales the first year, has bloomed into an industry leader with annual sales in excess of $1 million and a consistent growth of 50% annually.
National Research Council (NRC) technology could help clothe Canadian athletes at the 2010 Winter Olympics in Whistler, B.C. and help pave the way for a range of advanced products made with industrial hemp, such as auto parts and airplane fuselages.
Proponents of a hemp-processing factory in Dauphin met with provincial officials Monday to present an updated business plan and secure financial backing. The Parkland BioFibre hemp factory would process locally grown hemp straw into fibre products.
Canadian rock artisit Bif Naked recently gained 20 pounds of muscle, while still maintaining a size 3, through weight training and hemp protein supplements.
Hemptown Clothing Inc. is the world’s largest hemp T-shirt apparel brand and continues to extend into new product lines and new channels of distribution. The company currently markets and sells a line of hemp / cotton active wear including T-shirts, sweatshirts, hoodies and ball caps to wholesalers for imprinting as well as directly to retail and consumers.
Xinchen Wang of the University of Toronto Schools also won this award for research on the ability of a particular species of fungus to break down hemp into pulp. Her findings may have commercial value in the hemp industry and in the pulp and paper industry.
Dragla, a Ridgetown College plant breeder and probably Canada’s leading hemp specialist, just returned from a trip down under to work with the Aussies to develop hemp seeds that would grow well in a subtropical climate.
Record revenue and concrete growth in 2003 underscore the increasing strength and drive of the company’s position in the natural fiber and clothing market. Year-end results reflected the increased orders from new clients, increasing contribution from existing customers, and new product launches. Through aggressive sales tactics and successful marketing initiatives, the company expects to continue its expansion and financial growth.