Markets
Algae Dynamics is engaged in the development of unique health products and pharmaceuticals that utilize hemp, cannabis and algae oils
Cannabis Oil
Canadian oil extraction marketplace forecasted to grow from C$1 million in 2015 to C$1.5 billion in 2020, assuming full legalization in 2019
In terms of conversion from dried marijuana to extracts/oil, due diligence has been conducted on Colorado market, finding that 45% of dried marijuana users would eventually convert to marijuana extracts/oil
We expect the Canadian market to follow a similar trend as Colorado, and we assume the market would gradually reach an approximate 45% conversion rate by 2018
Chlorella
Chlorella is a type of microalgae that can be processed into a consumable powder by drying it until it takes a powder form, similar to coffee. Chlorella is rich in minerals, prebiotics, vitamins, and other nutritional substances. It can be added to a baked goods and a number of other products, or taken as a supplement on its own.
Despite a market for Chlorella in North America, there are no commercial North American producers of it.
Omega-3
Algae-derived Omega-3 is created by extracting the oil from the algae biomass, then separating the Omega-3 fatty acids (oil) from the algae oil.
Due to its health benefits, Omega-3 can be added to a very wide range of products. Consumers are increasingly aware of these benefits, leading to substantial growth in
the industry. Revenue in the Omega-3 ingredients is forecasted to grow by an average of 12% each year to 2015, resulting in total annual revenue of $2.8 billion.
