1Question, with Ken Meyer
We asked leaders from across the industry to answer a single question, offering insight into where opportunity exists today and what it takes to connect supply, demand, and execution across the hemp value chain.
NIHC:
“From your vantage point, where are the strongest investment opportunities in industrial hemp (across U.S. and global markets) and how should investors weigh those against current regulatory, market, and infrastructure challenges?”
Ken Meyer, Co-Founder of Complete Hemp Processing:
“The strongest investment opportunity in industrial hemp in the U.S. and in global markets is investing in hemp decortication businesses that process hemp stalks in regions in which hemp, corn, and soybeans can be grown in rotation in large acres within 100 miles of the hemp decortication business.
“The raw products produced by hemp decortication businesses are used to make numerous final hemp products, including animal bedding, building materials, bioplastics, and textiles.
“Strong investors in the hemp space should invest in the decortication step and in the development of one or more final products as well.
“Alternatively, investment in decortication by one group of investors can work well in a joint venture in which another investment group develops the final hemp product.
“Current regulatory, market, and infrastructure challenges for successful entry into the hemp market are steep but much more surmountable now than six years ago. Investors can mitigate risks and increase profitability by learning from current successes achieved by established hemp businesses.
“Understanding mistakes that have been made is essential.”
NIHC thanks our member Ken Meyer for his time and perspective.