Punter: Hemp gives CropLogic shares a boost

May 6 2019 - 4:00pm
Industrial hemp not only provides fibre for clothing and building products, but produces high-protein seeds that can be used in food, non-dairy milk and oil production.
Industrial hemp not only provides fibre for clothing and building products, but produces high-protein seeds that can be used in food, non-dairy milk and oil production.

CropLogic (ASX code CLI) saw its shares almost double to 4.3 cents in April, due almost entirely it seems to its decision to go into direct cultivation of industrial hemp in the US.

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