New breakthroughs are emerging in the cannabis industry and now a New Zealand food company has developed the world’s first hemp-based meat.

According to the latest cannabis news, Sustainable Foods, the New Zealand-based food manufacturer, has pioneered the making of hemp-based fake meat. The company mainly deals in plant-based fake meat products, which sells through the Craft Meat Co brand. 

Products offered to clients include soy-based burgers, sausages, and mincemeat. Over the past few months, the company together with researchers from Massey University Institute have spent time working on plant-based fake meat products.

So far, they have produced a line of hemp-based meat products, which are expected to hit the shelves in 2021. The team has been using hemp supplied by a medical cannabis manufacturer Greenfern Industries. This development shows just how fast the cannabis industry is unfolding, even as the push to legalize recreational marijuana continues. 

Green fern Industries is a certified medical cannabis producer. It powers its processing and production facilities using hydroelectric power plant. Currently, New Zealand allows hemp to be grown outdoors and Greenfern believes the cost of growing hemp locally is lower than that of growing soy. 

Additionally, hemp also generates higher profits. According to hemp entrepreneur Langdon Brown, hemp generates a profit of $1912 per acre while soybeans can manage around $250 per acre.

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