New Green Hemp Inc. is transitioning into the renewable advanced materials market by integrating EcoGreen Biotech, aiming to create hemp-based alternatives to conventional plastics. Based in Tallahassee, Florida, the company is shifting its focus from agriculture to developing biomaterials for various industries, including packaging, healthcare, and manufacturing. CEO Travis Cockerham emphasizes the innovative potential of hemp as an industrial resource, as the company pursues a platform approach to develop multiple biomaterial solutions. They are also collaborating with academic institutions for research and validation to expand their technology and commercial applications in response to rising sustainability demands.
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Link to original article source: https://www.citybiz.co/article/883879/new-green-hemp-outlines-advanced-materials-strategy-following-ecogreen-biotech-acquisition/
