Invest in CIHC: Mass produce eco-friendly plastic using agricultural waste | Wefunder
min $100
A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $32M eventually
The Canadian Industrial Hemp Corporation (CIHC) is a private manufacturing company using hemp and flax stalks to produce bio-composite plastic pellets. At the helm is founder and CEO Robert Ziner. Along with a highly experienced team, Mr. Ziner is set on becoming the leading global supplier of plant-based manufacturing materials
Hemp is among the most sustainable plant materials in the world, making CIHC’s proposal to use it as the basis for everyday materials even more attractive
It’s an eco-friendly substitute for plastics and fiberglass: it's non-toxic, plant based, and biodegredable. Also, growing hemp removes carbon dioxide from the air. And every part of the hemp plant can be used: stalks for manufacturing materials, flowers for medicines, and the seeds are a delicious source of protein and omega-3s
Farmers benefit from its short growth timeline, positive effect on soil fertility, ability to grow without pesticides or herbicides and the opportunity to make more money
Within 10 years, CIHC's sales are projected to exceed $1B annually, in North America alone. And the global market is expected to grow to over $20B
Initially, the company’s two products will be bio-composite plastic pellets and hemp fibers. Bio-composite plastic pellets can replace over a million tonnes of traditional plastic annually
Hemp bio-composite plastics are already produced and used commercially in Europe, where hemp and flax fiber are also used in the textile, construction and pulp and paper industry. Hemp was never made illegal in Europe, but the prohibition on hemp (until recently) in the U.S.A. has resulted in the waste of a large portion of hemp and flax stalks produced in North America—up to 93% is burned or wasted annually, and in Canada that number reached up to 500,000 tonnes as of last year
CIHC's bio-composite plastic pellets are stronger and lighter than traditional plastics, and lower-cost
There is currently a $6 billion dollar market for bio-fibers, which can be used in textiles, insulation, flooring and lumber products, pulp and paper, printed circuit boards and as an alternative to carbon fiber in cars, airplanes and windmills. Other potential products could include kitty litter, animal bedding, construction blocks, mulch and much more
The Project requires $US 32M to begin commercial production with the development of the company’s first facility—CIHC will finance this work with an equipment financing and mortgage loan, as well as an equity capital raise
Future facilities are expected to be financed from the company's profits
CIHC's patent-pending and trade secret technologies enable high-performance, eco-friendly plastics for everything from car components to consumer products and home furniture
The company’s strategy is to develop facilities that incorporate primary processing and secondary production, processing the raw hemp and using the processed materials to create bio-composite pellets to sell to plastic product manufacturers
CIHC's Smart Stalk System adds scanning and artificial intelligence to existing equipment to significantly increase the quantity, quality, and consistency of outputs. CIHC's strategic partner, Cretes, is the world's leading supplier of high-throughput, automated flax / hemp stalk processing equipment
To build out this supply chain, CIHC anticipates building a minimum of five Smart Stalk facilities by 2026. Each plant will generate $50 million in revenue, 69 full-time jobs and 35,000 hours of trucking. The company’s first facility is expected to be in Alberta, Canada, where it will process 50,000 tonnes of stalk in a 60,000 square foot processing facility
CEO Robert Ziner has curated a core team of executives with extensive combined experience in fiber processing, automation technologies, AI, plastics, automotive manufacturing and global exports
Previously, Mr. Ziner patented lumber manufacturing technology leveraging AI and computer integrated manufacturing
After patenting the technology, he grew his lumber and building product business to over $200M in annual sales
In founding CIHC, Mr. Ziner's goal is to help develop more sustainable, healthier, higher performance products, bringing a process already being done successfully in Europe, across the pond to North America
The company continues to add to its management team. Most recently, Richard Levesque, an entepreneur and the innovator of CIHC’s hemp plastic compounds has joined the team. Mr. Levesque is a chemist by training and an expert in plastic materials and product development. He started his career as a technical specialist at Dupont
CIHC also welcomes Erwin Doll, a longtime investor, expert advisor and highly successful executive with a golden rolodex. Mr. Doll's background includes enterprise software and automation, as well as automotive, plastics, medical and industrial manufacturing
For documentation on the company's customers, suppliers, financial information and inplementation plans please check out the data room:
https://drive.google.com/drive/folders/1jZDODGgD1KttuRDAZVmqf4SMv4quQ9Qs?usp=sharing
For more information, email [email protected]
Wefunder means Wefunder Inc and its wholly owned subsidiaries: Wefunder Advisors LLC and Wefunder Portal LLC. This page is hosted by Wefunder Portal LLC
CIHC is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind