Mass produce eco-friendly plastic using wasted bio-mass

Claim My Business
Security Type
Technology, Manufacturing, Agriculture, Financial Services, Retail
Min Investment
Lewes , DE
Offering Date
September 15, 2021
Expected Close Date
April 08, 2022
Target Raise
Security Price

Company Description

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.

Key Deal Facts

Invest to build a factory to produce plastic pellets using wasted stalk from flax / hemp food crop.
Patent-pending technology to reduce cost and improve quality compared to existing global competitors.
Plastic manufacturers use hemp / flax because it is lighter, stronger and less costly.
Use proven, high-throughput automated equipment that is already being used across Europe and Asia.
North America's first hemp plastic pellet production facility to replace imports from Europe.
CIHC can replace over a million tonnes of plastic with hemp bio-composite plastic annually.
CIHC expects to generate $1B of revenue annually in the next 10 years.
CIHC is led by a top notch team with more than 110 years in manufacturing, technology & plastics.

Use of Proceeds

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.

Management Team / Advisory Board Bios

Robert Ziner, Founder, CEO
More than 30 years experience in the building materials distribution and secondary wood processing industries. As CEO he acquired 3 companies and generated $240M a year in sales. An expert in M&A, manufacturing, b2b marketing and distribution.

Erwin Doll, Head of Automotive Business Development
Executive in the global automotive, plastics, medical, industrial and chemical industry expediting digital transformation with smart factory and smart administration. Former CEO, President, CTO, and Vice Chairman at Rochling Group.

Richard Levesque, Head of Plastics Business Development
Proven business manager and technical expert in the plastics industry. Operator of proprietary plastics lab formulating customized compounds and additives for use by large global manufacturers.
Amount Raised : $1,621,346
Reveal the Score by Voting
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.

Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

Research Reports

No reports have been submitted

Become a Reporter