After nearly 10 years of extensive research and development in industrial hemp, Stonehedge Bio-Resources Inc. is now poised to lead in commercializing hemp in North America. Building on a Business Case developed through the Eastern Lake Ontario Regional Innovation Network (ELORIN), Stonehedge is set to establish a bioprocessing facility in Eastern Ontario to serve North American markets. Some of the products and co-products are aimed at the automotive, energy, agriculture, construction materials, and pulp and paper markets. This fibre separation facility (decortication plant) is expected to provide new farm income for 200-250 growers putting more than 12,000 acres into cultivation.
Stonehedge founder and Chairman John Baker is pleased at the prospects of the research efforts leading to a commercial venture and providing rural economic development in Eastern Ontario through the commercialization of industrial hemp. Mr Baker has a strong history in agriculture, bio-prospecting, and applied biology. He is a Health Canada licensed bio-prospector and plant breeder for hemp.
The goal for Stonehedge is to have a facility up and running by early 2009, with the capacity to process a minimum of 6 tonnes an hour of hemp straw. Stonehedge is currently in the process of confirming equipment sales and plant location. Stonehedge Bio-Resources is building a leadership team to meet the corporate expectations of a world class Hemp Refinery.