Vertically integrated hemp company Australian Primary Hemp (APH) has announced a A$760,000 deal to supply FMCG food manufacturer Annex Foods with hemp seeds.
The exclusive, two-year agreement will see Annex use APH’s hemp seeds as ingredients for products sold in supermarkets in Australia and globally under its Red Tractor health food brand.
APH produces, manufactures and distributes a range of hemp products to retail, wholesale and white label customers in Australia. Annex launched the Red Tractor range in 2013.
In a statement to the ASX, APH CEO Neale Joseph said the partnership “demonstrates our ability to meet customers’ needs in terms of product quality and customer service”.
Annex managing director Kane Fetterplace added: “The agreement extends our range of Red Tractor Australian-grown grains and seeds to include world class hemp seeds, ensuring we can continue to offer Australians more locally grown food.”