Commercial production of the first hemp biocomposite products expected to begin in Fall 2026, expanding the product range as part of MVP's portfolio

VANCOUVER, BC — August 26, 2026 — Microfactory Venture Platform (MVP), together with its Pioneer Partner Legacy Fibers, has reached a major technical milestone with the successful completion of its first production trials using agricultural hemp byproducts. This validates the adaptability of its modular manufacturing platform across an entirely new resource stream.

The trial used hemp byproducts generated through Legacy Fibers' existing production of hemp for bedding, mats, and hempcrete. MVP and Legacy Fibers successfully produced hemp biocomposite material using both an in-house developed automated production line and a semi-automated production setup, marking an important step from technology development toward commercial production. 

MVP's decentralized manufacturing approach allows its production systems to be adapted to different locally available resources. Depending on product and performance requirements, the resulting material is composed of approximately 6–10% water-based resin and 90–94% hemp biocomposite.

"Our manufacturing platform was designed to adapt to different resources while maintaining a consistent production foundation," said Felix Böck, Founder and CEO of MVP, the parent group behind commercial flagship brand ChopValue. "Successfully manufacturing hemp biocomposites shows how the Microfactory model can be applied to new resource streams, creating a pathway to bring locally sourced materials into viable, commercial production."

MVP has established its initial hemp product portfolio for applications in architecture and commercial furniture. As testing and data collection continue, early laboratory results show promising mechanical properties across different material densities. For high-performance furniture and semi-structural applications, initial samples have reached densities above 1,150 kg/m³ and a modulus of elasticity (MOE) of 15,800 N/mm². This high-density material can be formed into three-dimensional shapes, creating potential applications in molded furniture such as seating and curved components. A lower-density material profile is also being evaluated for non-structural architectural applications, including appearance products and acoustic panels. This range demonstrates the potential to tune the hemp biocomposite's density and performance characteristics to meet different product requirements.

For Legacy Fibers, the partnership creates an additional value stream from agricultural byproducts generated through its existing operations. Instead of leaving these materials underutilized, the hemp byproducts can now become the resource for a new line of commercial-grade products, creating an opportunity to capture additional economic value.

“This partnership opens up a new avenue for us to grow beyond our existing hemp products,” shared Matt Hanger, Founder and CEO of Legacy Fibers. “We can take the byproducts already generated through our operation and develop them into engineered materials for furniture and interior applications. As this production scales, it can support new local jobs and create a stronger economic base around hemp processing in our community.”

MVP and Legacy Fibers are now moving toward commercial production, with manufacturing scheduled to begin in Fall 2026. The first commercial deliveries are expected to reach MVP's existing customer network by the end of the year, followed by broader market availability in 2027.

The Legacy Fibers partnership demonstrates how MVP's Microfactory model can be applied to new resource streams, establishing a scalable approach to transforming locally available, underutilized resources into commercial-grade materials and products. As MVP expands its Microfactory network, this model can be adapted to new resources, markets, and applications.

About MVP

MVP (Microfactory Venture Platform) redefines global manufacturing with a hyperlocal approach utilizing a decentralized network of Microfactories to achieve net-zero production goals. With a mission to invest in untapped resource streams, progressive technology, and market development for sustainable commercialization of circular products, MVP harnesses circular design principles to transform under-utilized resources into value-engineered end products. The platform prioritizes purpose and the planet, without compromising its superior product performance for carbon storage. This maximizes the viability of a circular product economy while empowering people, the Most Valuable Players, in our communities. ChopValue, MVP’s flagship brand, pioneered this model by transforming recycled chopsticks into commercial-grade products through a global network of Microfactories, establishing the foundation for scalable circular manufacturing.

To learn more about how MVP is leading the change towards a circular economy, offering scalable solutions that promote responsible resource management, please visit www.builtbymvp.com.

About ChopValue

ChopValue is the world’s first circular economy franchise for commercialized decentralized manufacturing, with operations in 10 countries and over 80 Microfactories in development to create local impact on a global scale. Since its founding in 2016, ChopValue’s urban harvesting approach has diverted over 275 million chopsticks from the landfill. This underutilized resource is engineered into climate positive wood alternative products with zero trade offs to quality or design for homes, restaurants, and businesses. As a Top 5% Certified B-Corporation, ChopValue serves as a blueprint for implementing reverse logistics in urban environments, showcasing the potential of hyperlocal business operations to drive impactful change. To learn more about their resource-efficient impact for a carbon negative future, please visit www.chopvalue.com.

About Legacy Fibers

Legacy Fibers is a family-owned and operated farm in Canada, focused on producing high-quality hemp-based fiber products. Built on five generations of agricultural experience, the company is committed to creating sustainable employment while unlocking new value from farming through innovative, environmentally responsible applications. By connecting agriculture to emerging industries, Legacy Fibers is working to build long-term economic and environmental resilience for its community and future generations. Learn more at www.legacyfibers.ca.