Bombay Hemp Company (BOHECO) of India will be an exclusive supplier of its products to Spring Sciences Australia Pty. Ltd. (SSA) under a cooperation agreement.
BOHECO products will be marketed under the SSA brand, and the partners are to explore establishing an R&D platform to make new products for both the consumer and pharmaceutical markets, the companies said.
“We strongly believe BOHECO’s health and wellness products align well with Australians’ increasing focus on prevention and maintenance of health through a balanced lifestyle” said Steven Newbery, CEO of SSA. The deal involves also BOHECO’s hemp-based textiles.
SSA, part of the Michigan, U.S.-based Spring Sciences Group, said it is licensed by Australia’s Office of Drug Control to cultivate and manufacture medical cannabis products, and is working to establish a network of medicinal cannabis growing and manufacturing facilities in Queensland, Australia. The company plans a cultivation operation and processing facility in Caboolture, Queensland.
BOHECO makes hemp hearts, hempseed oil and hemp protein powder, as well as hemp fabrics and a clothing line.