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Home 🌿 Marijuana Business News 🌿 2022 Winter Olympics feature Canadian hemp fibers in luge, bobsled tracks 🌿2022 Winter Olympics feature Canadian hemp fibers in luge, bobsled tracks
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The fibers were used in place of plastic fibers as a concrete strengthener.
The company sells hemp fibers for outdoor construction projects that use sprayed concrete – commonly called shotcrete – such as outdoor pools and skate parks. The fibers strengthen the concrete.
The company also made consumer hemp products, including cat litter, hemp-derived potting soil and food-preservation pads.
Earlier this week the company sold its hemp-products division to HEMPALTA, a newly formed hemp company also based in Calgary, for an undisclosed price. CGT retains its NForce-Fiber products and its business selling proprietary fiber processing equipment.
HEMPALTA is being led by Darren Bondar, former CEO of marijuana retailer Spirit Holdings Ltd.
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