Live Verdure Ltd (ASX:LV1)
Live Verdure Ltd (ASX:LV1) was founded in August 2016 with the aim of providing high-quality hemp-based food, skincare and nutraceutical products to consumers.
The Company retains storage silos in Tasmania, however, its operations are now predominately outsourced to third parties and its management are based in Victoria. Live Verdure's first product was a range of cosmetic products incorporating hemp such as facial serum, body wash, day cream renewal, night creams toners and cleansers.
On 12 November 2017, hemp was legalised for human consumption in Australia, following which Live Verdure launched a gourmet food range, including hemp hearts, protein, super greens, oil, porridge, muesli, chai, chocolate and hemp honey.