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International Cannabis Business Conference

International Cannabis Business Conference

Volkswagen partners with German start-up to develop hemp-based leather

International Cannabis Business Conference
Summary
Nutrition label

59% Informative

Volkswagen has entered into a cooperation with the German start-up Revoltech GmbH to research and develop sustainable materials based on industrial hemp.

The main focus of the new partnership will be hemp-based leather materials to be used on some of Volkswagen ’s automobile lines.

According to a recent market analysis, the global industrial hemp market is projected to be worth an estimated $24.30 billion by 2033 .

VR Score

33

Informative language

19

Neutral language

73

Article tone

formal

Language

English

Language complexity

61

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

long-living

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