020: Hemp: The Source of Fats that Heal with Mike Fata

Essential Ingredients Podcast

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1+ y ago 18:18

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"If you have a foundation of good products and good people, more of the world needs to hear about it." -Mike Fata

Hemp is now considered a superfood! Hemp has a very high nutritional profile and offers plenty of health benefits, including being high in omega-3 fatty acids, antioxidants, vitamins, minerals, and fiber content.

A lot of the misconceptions around hemp is associated with it being closely related to marijuana. However, unlike its counterpart, hemp doesn’t contain enough THC (0.3%), the chemical compound responsible for getting high. Rather, it is high in Cannabidiol (CBD), a phytocannabinoid that helps in easing symptoms of many health issues including pain, inflammation, and a wide range of neurological disorders.

Inspired by his own personal health transformation, Mike Fata co-founded Manitoba Harvest, one of today's global leading manufacturers and brands of high-quality hemp food products. Weighing over 300 pounds, Mike took decisive action to change. He focused his diet on fiber, protein, and healthy fats— all components of hemp. Amazed by his results, Mike made it his mission to spread the word about the power of hemp to as many people as possible.

In this episode, Justine and Mike talk about the health benefits of hemp, where to get trusted resources, the foundation of a successful business, what it's like to sell your business, and how the shift in narrative is gradually changing our current food system for the better.

Meet Mike:

Co-founding Manitoba Harvest Hemp Foods in 1998, and serving as Chairman of the Board and CEO until 2016, Mike helped guide the strategic sale of the company to Tilray for $419 million dollars in 2019. Since then, Mike has celebrated and supported other business ventures as an entrepreneur, board member, investor, and advisor.

Mike is an award-winning author and keynote speaker. He is currently the Chief Executive Officer of Fata & Associates and host of the Founder to Mentor podcast. Mike is an investor/advisor to a portfolio of world-class companies, a Lifetime Member (Past Chairman) of the Canadian Health Food Association (CHFA), and a Lifetime Member (Past Chairman) of the Young Presidents’ Organization (YPO).

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Episode Highlights:

00:45 Discovering the Health Benefits of Hemp

04:49 What It's Like to Sell Your Business

07:40 Fats That Heal

09:17 The Right Foundation for Entrepreneurship

13:03 We Need More Good Products & Good People

16:19 The Shift of the Narrative

100 episodes

#Fitness #Entrepreneur #Business #Nutrition #Justine Reichman