Manitoba Harvests fast Growth is honored by 2006 'Profit 100' ranking

Winnipeg, Manitoba (June 5, 2006) – Something exciting is growing on the prairies of Manitoba - and business experts in North America are taking notice. Manitoba Harvest Hemp Foods & Oils has been recognized as one of the fastest growing companies in Canada. The Winnipeg-based company is featured in the 18th Annual PROFIT 100 ranking of Canada’s Fastest-Growing Companies by PROFIT: Your Guide to Business Success.

Manitoba Harvest earned a ranking of 58th based on revenue growth of 1,057% from 2000-2005. Ranking Canada’s Fastest-Growing Companies by five year revenue growth, the PROFIT 100 profiles the country’s most successful growth companies. Published in the June issue of PROFIT and online at, the PROFIT 100 is Canada’s largest annual celebration of entrepreneurial achievement.

“The PROFIT 100 are role models for anyone who wants to seize today’s best business opportunities,” says Ian Portsmouth, editor of PROFIT. “By differentiating their products and applying creative management thinking, Canada’s Fastest-Growing Companies are outpacing the competition home and abroad,” he adds. PROFIT, which reaches more than 419,000 readers nationally, was founded in 1982 as Canada's first national magazine designed for entrepreneurs.

Awards and accolades are raining down on Manitoba Harvest like a storm over a thirsty hemp field. In March, Mike Fata, President and Co-founder of Manitoba Harvest Hemp Foods & Oils, was cited as one of the Top 10 Reader’s Favorites in Fast Company Magazine’s Fast 50 . The ranking was the result of a worldwide search for leading creative thinkers that have already made significant accomplishments but whose best is yet to come over the next decade.

The 29-year old Fata was presented with the Business Development Bank of Canada’s (BDC) 2004 Young Entrepreneur Award. He and his fellow co-founders were also honoured by Food in Canada Magazine in May 2005 as one of the Top Ten Emerging Food & Beverage Entrepreneurs. Manitoba Harvest’s meteoric sales growth was recognized with a 2004 Business Achievement Award from the Nutrition Business Journal.


Founded in 1998, Manitoba Harvest contracts hemp seed production on 5,000 acres by more than 25 farmers who are shareholders in the company. Their organic, non-GMO seed is processed into hemp protein powder, hemp seed oil, hemp seed nut, and hemp seed nut butter at the company’s 6,000 square foot USDA organic certified processing plant. Since Manitoba Harvest is an integrated producer of hemp food products, the largest in North America, they control production from “seed to shelf,” and are therefore able to ensure freshness and quality. Manitoba Harvest products are offered by more than 3,000 natural food retailers in North America, including Whole Foods markets and Wild Oats. For more information, please visit .

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