Super Hemp: Hempitecture is on the move!
Dear friends of Christensen Global,
My father, Doug Christensen, was a builder who from the start of his career in the 1950s was dedicated to protecting our environment. He incorporated passive solar building techniques in his projects as well as solar PV and solar thermal in his personal residences and in client projects as much as they would let him. He was a major proponent of hemp, using some of the earliest hemp building materials and would be so pleased to see this incredible plant’s potential starting to be realized. For him, for our planet, and for our farmers, I am proud to be part of helping Hempitecture to grow, for their success is to all of our benefit.
All my best,
Aimée Christensen, Founder & CEO
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June 1, 2020
As Christensen Global continues our work to shape the world we need, restoring nature, building economic opportunity and equity for our health, security and prosperity, we are excited to share that today our client, Hempitecture, is announcing several major milestones:
Receipt of an Idaho Global Entrepreneurial Mission (IGEM) grant in partnership with the University of Idaho to further research on hemp building materials;
Plans to build its U.S. manufacturing in Idaho’s Magic Valley; and
Launch of its WeFunder campaign, which has already raised investment close to $1M!
Hempitecture is a Public-Benefit Corporation leveraging the agricultural powerhouse of industrial hemp to produce better building materials for our health, economies and the environment. Industrial hemp is a miraculous crop generating valuable food and fiber while sequestering carbon and building healthy soil. Hemp produces nutritious protein and fats from the seeds (which are tasty on their own!) and its fiber makes ropes as good or better than any out there including nylon.
Hempitecture’s inaugural product, HempWool, is a biobased, non-toxic insulation product that sequesters carbon and advances energy efficiency, creating a market for industrial hemp, a “growing” opportunity for farmers worldwide. Recognizing Hempitecture’s innovation leadership, the Idaho Department of Commerce has awarded Hempitecture and the University of Idaho a GEM grant to progress research and development.
Now that Idaho’s Governor, Brad Little, signed into law Idaho HB 126 legalizing the production of industrial hemp, all 50 states are welcoming this whole new industry open to businesses, farmers, and economic growth, including in our home state of Idaho, also home to Hempitecture!
Learn more in today’s full press release below and here, and on the WeFunder campaign site here, and more:
About Hempitecture:
Hempitecture Inc. is a Public Benefit Corporation with a mission to create healthier, energy efficient habitats with biobased materials that capture carbon dioxide. Hempitecture is an early growth stage company with an active and growing customer base. They are working to scale the production of a biobased insulation product called HempWool with a US manufacturing facility.
Legal disclaimer:
We are 'testing the waters' to gauge investor interest in an offering under Regulation Crowdfunding. This is not an offer to sell to or a solicitation of an offer to buy from, nor shall any shares be offered or sold to any person or entity until a Form C is filed and only through Wefunder’s platform and in compliance with the securities laws of the appropriate jurisdiction. Each prospective investor should obtain the advice of the investor’s attorney, tax consultant and business adviser with respect to the legal, tax and business aspects of any investment. No money or other consideration if sent, will be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received Any indication of interest involves no obligation or commitment of any kind.
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Press Release:
HEMP BUILDING MATERIAL MANUFACTURER TO EXPAND TO THE MAGIC VALLEY
PRESS RELEASE
MEDIA CONTACT:
Amanda Worthington, Marketing Manager
(208) 732-6459
HEMP BUILDING MATERIAL MANUFACTURER TO EXPAND TO THE MAGIC VALLEY
Hempitecture Inc. will manufacture sustainable hemp-based insulation potentially replacing fiberglass insulation and other conventional building materials.
JEROME, ID – June 1, 2021 – Hempitecture Inc., a Sun Valley, Idaho-based company that manufactures and distributes sustainable building materials, will be expanding its operations to bring a new, 20,000 sq. ft. facility to Southern Idaho. Hempitecture’s facility in the Magic Valley is expected to be operational by May of 2022, bringing both investment and high-skilled jobs to Southern Idaho.
The proposed facility will manufacture HempWool®, a sustainable, high-performing fiber insulation for residential and commercial construction projects. The plant-based insulation product captures CO2, helping build healthier and more sustainable homes. Hempitecture, holding the US patent for HempWool insulation, will be utilizing proprietary textile technology to manufacture HempWool insulation.
Learn from Founder & CEO Matthew Mead about the health and sustainability of this product.
“We’re thrilled to be locating our first manufacturing facility in Southern Idaho, an agriculturally focused region,” said Hempitecture Founder & CEO Matthew Mead. “The Magic Valley strategically situated along the I-84 corridor, allows us to easily reach our target markets across the Rocky Mountains, the Pacific Northwest, and West Coast. We're thankful for the support of the community in making this project possible, and we look forward to being an asset to the region for many years to come.”
As recipients of the Idaho Global Entrepreneurial Mission (IGEM) grants, the University of Idaho and Hempitecture partnership was awarded a $206,624 grant to further research hemp building materials. “Hempitecture’s expansion brings high paying jobs, opportunity and innovation to the Magic Valley,” Idaho Department of Commerce Director Tom Kealey said. “This isn’t just a win for Southern Idaho, but also for the state. This project is a testament to the innovation we strive for in Idaho.”
Read the full announcement of the IGEM Grant recipients.
“We are so excited to welcome Hempitecture to the Magic Valley,” said Southern Idaho Economic Development Executive Director Connie Stopher, CEcD. “The combination of sustainability, agricultural technology, and innovation makes this a wonderful addition to Southern Idaho.”
In addition to the announcement of the Magic Valley manufacturing facility, Hempitecture has also just announced an equity fundraising campaign designed to support the build out of this facility. More can be learned about the facility fundraising plans at: www.wefunder.com/hempitecture
Find out more about Hempitecture by visiting their website: hempitecture.com.
To learn more about Southern Idaho Economic Development and the Southern Idaho region, please visit us online at southernidaho.org.
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About Hempitecture, Inc.
Hempitecture Inc. is a Public Benefit Corporation specializing in the manufacture and distribution of biobased building materials that are healthier for both people and planet. For more information about HempWool® and Hempitecture, visit hempitecture.com.
About Southern Idaho Economic Development
Southern Idaho Economic Development is a joint venture of public and private sectors throughout the Magic Valley, formed to help diversify and strengthen the local economy by retaining and attracting business to the Southern Idaho region. Southern Idaho Economic Development works closely with communities throughout the region to promote economic development through expansion of existing business and to implement a focused consistent program to attract new businesses and talent to the region. For more information about Southern Idaho Economic Development and/or the Southern Idaho region, please visit southernidaho.org.
Legal Disclosure
We are 'testing the waters' to gauge investor interest in an offering under Regulation Crowdfunding. 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 only through Wefunder’s platform. Any indication of interest involves no obligation or commitment of any kind.