Tree Frog Forestry News

Hemp-based wood startup ready to enter market, but US-China trade war stands in the way

By Esteban Fernandez
The Hemp Industry Daily
June 14, 2019
Category: Wood, Paper & Green Building
Region: United States, International

Count Greg Wilson among those who believe hemp could bring a new business opportunity to an old industry. …Wilson had an idea when the 2014 Farm Bill opened opportunities to grow hemp in the United States: …The result was a material he calls HempWood. …After years of research and development, his business is ready to start production – though America’s trade uncertainty with China has delayed his start. …Fibonacci has since set up shop in Murray, Kentucky, where the company has an 11,000-square-foot building and plans to begin production this summer. …Though the company has a stockpile of hemp fibers, Fibonacci is still awaiting the delivery of an industrial wood press from China. …However, wood made from hemp is far from receiving widespread adoption, said John Dupra… an expert in the hardwood flooring space.

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