Market Opportunity

Our location is strategically positioned close to the key end-user plastics and automotive manufacturing industries and Pennsylvania is a top state for LEED construction.

U.S. automotive manufacturers are looking at hemp as a light-weighting component in electric vehicles.  Plastics manufacturers are exploring hemp fiber and cellulose nanocrystals to “green” their products.  Both see the tensile strength of hemp fibers as an exciting replacement which performs better than current materials.

Leadership in Energy and Environmental Design (LEED) is a green building certification program.  Pennsylvania is one of the top states for LEED-certified contractors, and the northeast region has the oldest housing stock.  Hemp construction materials are in a prime position to capture major market share as their use in retrofits increases in tandem with the dramatically growing interest in sustainable and healthy building materials.

Until 2019, the attention was on CBD due to extremely high market prices, driving a significant overestimation of the potential to stand out in the crowded health and wellness markets.

Conversely, hemp fiber prices are not over-inflated.  There is very high interest to use hemp fiber in multi-billion-dollar markets because it offers improved performance over current materials and decreases the carbon footprint significantly.

First Movers will define the U.S. Market. 

HempWood™ Lumber is an American innovation, with no added formaldehyde, and is a suitable replacement for traditional solid hardwoods such as white oak in most interior non-structural products and processes.

  • Adhesives are bio-based and pass VOC emission standards in all 50 states
  • High-profile HempWood projects include the new J.P Morgan headquarters

Hempcrete will lead a dramatic shift in direction for the building industry away from petroleum-based materials.  It replaces siding, plastic sheathing, fiberglass insulation, and drywall.  It has a dynamic thermal performance, allowing moisture to escape the interior, which in turn lowers heating and cooling costs.

 

Hempitecture LLC

Co-Founders  Tommy Gibbons and  Mattie Mead named in Forbes 2020 “30 Under 30”

  • HempWool®: R value 3.7 per inch, non-abrasive, non-toxic, cuts easily, can be installed with bare hands, no protective gear needed
  • Hempcrete: Made with hemp hurd, lime and water, cast in place or pre-cast blocks non-structural, bio-composite, fire-proof, pest-proof, mold-proof

Americhanvre, LLC 

Americhanvre LLC is located in Allentown, PA and specializes in spray-applied hempcrete for new builds and retrofits.

Principal owner Cameron McIntosh is a PA-licensed contractor with world-wide hempcrete installation experience.  His Tiny Hemp Home has literally traveled thousands of miles (with no cracking!) to be featured at high-profile events to promote awareness of hempcrete’s potential.