The founders of Asia’s fastest growing hemp firm, Cannacubed, have launched the Asia Industrial Hemp Association or AIHA with its headquarters in Hong Kong, as the first ‘in-country’ office in Kunming. The organisation is looking to appoint additional board members and recruit new country members to support the regions push into the booming hemp industry.
Rising awareness about the benefits of industrial hemp, increasing legalisation to cultivate industrial hemp in many countries throughout Asia, and the rising application of industrial hemp in diverse industries such as textiles, pharmaceutical, food, beverage, personal care, construction & material, furniture, and paper is driving the market for industrial hemp in the Asia region.The founders of Asia's fastest growing hemp firm, Cannacubed, have launched the Asia Industrial Hemp Association or AIHA with its headquarters in Hong Kong, as the first 'in-country' office in Kunming. The organisation is looking to appoint additional board members and recruit new country members to support the regions push into the booming hemp industry.#
The launch of AIHA follows a strong global trend around the legalisation and support for the liberalisation of the Hemp industry. Several countries have already taken the step to set up similar associations including the European Industrial Hemp Association (EIHA), the National Hemp Association in the US, & the Canadian Hemp Trade Alliance. Closer to home, India has the Indian Hemp Association, and the Hokkaido Hemp Association launched as far back as 2013 in Japan. There are even industry specific bodies such as The International Hemp Building Association (IHBA) which is a knowledge sharing group with members in 25 countries, according to a press release by the company.
“AIHA has been set up as an independent, not-for-profit association to support countries across Asia looking to legalise and industrialise Hemp as a new industry. Our mission & goal is to work with private companies, industry bodies, government organisations, NGO’s & institutions to educate, support, and help liberalise the hemp industry in Asia. Some countries in the region have already set up trade associations to support the sector such as India, Japan, and Thailand, and we hope many more countries follow suit and join us on our quest,” AIHA president Glenn Davies said.
“Hemp will play a major role throughout several Asian countries in the coming years. The region already has a substantial hemp textile industry, and a growing CBD market which is poised to explode when consumers become more familiar with the product’s versatility. Asia’s booming beauty industry is beginning to see hemp CBD-infused cosmetics enter the market, and once hemp & CBD personal care products establish their niche, they could become must-have items among billions of consumers across Asia,” Ronny Weisz, a co-founder of Cannacubed and board director of AIHA said.
“We’ve been rolling out a major hemp project in China for over a year now and we’re seeing how fast the industry is moving. Governments and private companies are looking for support, industry data, working models and expertise as they consider regulating and legalising hemp as a new growth sector, and we see AIHA playing a key role in helping to educate and provide this information,” AIHA board secretary Mark Roberts said. (GK)
Fibre2Fashion News Desk – India
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