HempFlax CEO Mark Reinders tells Proactive the privately-held Netherlands-based hemp group saw a boost in growth from the coronavirus, which he says, shows hemp is 'stable and sustainable in times of crisis.'
Reinders says in 2020 revenues rose 43% in 2020 to €14.5 million, with construction materials sales leading the pack including bedding for pets, fibers for the automotive industry, as well as its acquisition of Thermo-Natur, a German company that makes insulation from natural fibers.