Self-assessment tasks

a. Create a business plan for a hemp-based company that prioritises sustainability. Consider incorporating principles such as circular economy, fair trade, and green supply chain management. Identify the stakeholders involved in your business and explain how your company will reduce environmental impact while supporting local communities.

b. Select a hemp product (e.g., hemp clothing, hemp cosmetics, or hemp building materials) and evaluate its environmental and social impact. Discuss how the product was sourced, the sustainability of its production process, and its lifecycle. Propose ways to improve its sustainability, such as by using better materials or adopting more sustainable manufacturing practices.