Released 8 hours ago
Submitted by Victory Hemp Meals
Mark Vollmar (Vollmar Spouse and children Farms), Chad Rosen (Victory Hemp Foods), and Jordan Vollmar (Vollmar Organics) at Vollmar Loved ones Farms in Caro, Michigan.
Victory Hemp has partnered with Steward, the world’s initial CrowdFarming platform™, to start a marketing campaign to finance regenerative hemp grain manufacturing. Crowdfunding through Steward is set up as a personal loan, not a donation, so day-to-day people today can invest in sustainable agriculture and gain healthful returns.
Take a look at the Steward task web site now to read through the aspects of this compelling story, which include the problems that regenerative hemp farmers are suffering from with the U.S. banking sector, and to find out of the lending possibilities out there through this campaign (the least investment decision is $100).
LOUISVILLE Ky., January 14, 2021 /CSRwire/ – Kentucky-based mostly most important food stuff ingredient processor, Victory Hemp Foods, recently launched a campaign to finance regenerative hemp grain production on Steward, the world’s 1st CrowdFarming platform™. Steward’s platform provides investment chances to day to day folks, allowing for them to devote in sustainable farming. Victory Hemp’s campaign will fund the order of hemp seeds from farmers that need to have up-front funding to make investments in the health and fitness of their land. Creditors can contribute as minimal as $100 to the marketing campaign.
Direct partnerships with farmers give Victory Hemp a obvious see of the issues that farms confront when hoping to diversify their procedure and transition to natural and organic and regenerative agriculture procedures. As a Community Profit Corporation, Victory Hemp contracts only with U.S. hemp farmers and is fully commited to producing hemp grain as a optimistic addition to American agriculture.
A single of Victory Hemp’s contracted farms, Vollmar Loved ones Farms, centered in Caro, Michigan, is a 6th-technology family members farm that has been licensed organic and natural given that 1996. Vollmar Household Farms is currently getting their commitment to agricultural stewardship to a different degree by transitioning their creation to regenerative natural and organic practices—incorporating deal with crops and minimizing tillage to feed and protect soil biology— to reach Regenerative Organic and natural Certification (ROC).
A vital instrument for farmers, like most other enterprises, is obtain to money. In most conditions, charges precede cash flow and farmers will need to depend on financial institutions for aid. A excellent amount of rural banks’ lending portfolios is farm operations operating cash and asset backed financial loans. Some banking institutions are concerned with the threat profile related with hemp due to polices and or market uncertainty (even as a lawful and USDA permitted foodstuff component). In the scenario of Vollmar Household Farms, their lender basically will not let them draw their line of credit history in opposition to their contracts with Victory Hemp, which was not learned right until mid-season.
Victory Hemp Foods’ Founder & CEO, Chad Rosen, is doing work with farmers to introduce hemp into their rotations and has found these banking challenges firsthand.
“When the USDA started certifying crops (and their merchandise) natural output confronted the very same headwinds in advance of marketplaces were being clear and properly set up — this is an outdated tale repeating alone in a new way,” Rosen remarked. “Thanks to Steward we’re equipped to cut the banking companies out of the offer, increase funds democratically from people that want to invest in the alter they want to see and generate a return considerably improved than a financial institution would spend for their dollars.”
Mark Vollmar, Owner and Operator of Vollmar Household Farms, sights hemp as a vital crop to bring into their rotation to meet up with their regenerative agriculture goals. He’s thrilled to see the momentum developing all around the CrowdFarming campaign.
“We take pleasure in Victory Hemp contracting our creation for a honest rate prior to planting and prompt payment on shipping. Nonetheless, for the reason that we do not have entry to our line of credit rating, we require upfront payment for the stock that is at this time in storage to spend our landlords. We think this campaign will deliver focus to the banking issues farmers are dealing with when it comes to hemp generation,” Vollmar mentioned.
Crowdfunding by way of Steward is set up as a bank loan not a donation. The conditions of the personal loan are set at a 6% interest fee, with an 18-thirty day period time period, and thoroughly amortized month to month payments beginning in 3 months right after an preliminary deferral interval. The bare minimum expense is $100.
To read through the entire story and lend to this campaign, stop by: https://gosteward.com/assignments/victory-hemp-food items/funding-u-s-regenerative-hemp-grain-manufacturing
About Victory Hemp Foodstuff
Victory Hemp Meals is a company-to-business foodstuff ingredient processing organization on a mission to support farmers, brands, and consumers notice the possible of hemp. Victory Hemp is passionate about bringing about optimistic adjust in the way men and women stay and eat by working with innovative know-how to course of action tremendous-nutritious American-grown hemp grain into leading proteins and oils. These internet marketing-shifting items give companies compelling taste and effectiveness benefits, especially for plant-dependent foodstuff.
Victory Hemp serves the food stuff and beverage, cosmetic and personalized care, and animal diet marketplaces. All of their hemp seed elements are Non-GMO Task verified, Alright Kosher qualified, and are out there as natural or USDA Licensed Natural.
Get in touch with: Aleah Rouse, Marketing and advertising Director, Victory Hemp Foodstuff
E mail: [email protected]
Victory Hemp Foodstuff
Victory Hemp Foods
Victory Hemp is a organization-to-company primary food items component processing enterprise on a mission to support comprehend the likely of hemp for farmers, manufacturers, cooks, and buyers. As a Community Gain Company, Victory Hemp is dedicated to leveraging in-residence technological innovation to boost ideal characteristics of the hemp seed as a result of non-GMO breeding packages and minimum processing steps, resulting is very valuable proteins and oils from the hemp seed. All of Victory Hemp’s solutions are developed by American farmers, certified Non-GMO and Kosher and are presented as natural or licensed Organic and natural.
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