Industrial hemp production is regulated in Australia under the Industrial Hemp Act 2017 and the Industrial Hemp Regulations 2017. According to the Australian Hemp Industry Report 2020, hemp cultivation in Australia reached approximately 9,000 hectares in 2019-2020, more than doubling the previous year’s area. Although the number of hectares devoted to hemp cultivation has decreased, with more than 500 license holders planting just under 2,500 hectares of industrial hemp in the 2022-2023 season, the industry is expected to grow in the coming years. Hemp cultivation is common in various states of Australia, with regions such as Tasmania, Victoria and New South Wales leading the way. The industrial market in the Oceania region is projected to be worth some $18.6 million by 2028. Australia is expected to be the largest market in the region.

Australia Hemp Business Plan Sample. Table of Contents.


EXECUTIVE SUMMARY
  • Project Scope

  • Market Opportunities

  • Start-up Summary

  • Financial Projections

COMPANY DESCRIPTION
PROJECT SCOPE
  • Mission/Vision/Goal

  • Objectives

  • Products & Services

  • Key Markets

MARKET OVERVIEW
  • Global Market Overview

  • Australia Hemp Market Projections and Perspectives

  • Fiber Sector Analyses

  • SWOT Analyses

STRATEGY & IMPLEMENTATION
  • Marketing Plan

  • Launching Strategy

  • Sales Forecast

 

OPERATIONAL PLAN
  • Location/Facilities

  • Cultivation Method/Equipment

  • Fiber Products Manufacturing/Equipment

  • Physical Security Plan

  • Packaging and Labeling

  • Transportation

  • Tracking Solution

ORGANISATIONAL STRUCTURE & MANAGEMENT
FINANCIAL PROJECTIONS
  • Direct and Operational Costs

  • Profit & Loss Forecast

  • Cash Flow Statement

  • Balance Sheet

  • Main Ratios

  • Funding Analyses

APPENDICES
  • Income Statements, monthly

  • Cash Flow Statements, monthly

  • Floor Plans

Australia Hemp Business Plan Sample

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