# Victory Hemp Foods

Clean protein from hemp

## Elevator pitch
Victory Hemp Foods manufactures superior proteins and oils from the hemp seed that offer food brands and product manufacturers compelling taste and performance advantages, especially for plant-based foods.

- Canonical URL: https://wefunder.com/victoryhempfoods
- Entity ID: wefunder:company:84030
- Last updated: 2026-06-24T05:00:37Z
- Generated at: 2026-06-24T12:28:14Z

## Quick facts
- Clean, functional, nutrient dense protein powder and oil made from hemp hearts
- $1.5M projected 2025 revenue; 139% YoY growth - 3.87× in two years
- Reinventing protein with hemp in a fast-growing $3B market
- Led by an experienced team with successful exits to Conagra, Treehouse Food, Givaudan, &amp; Polycor
- Scaling production by 500%, unlocking $30M in annual revenue (projections not guaranteed)
- Backed by Keyhorse Capital, Applied Food Science and the Commonwealth of Kentucky
- Proprietary process with 2 issued patents and 3 more pending approval
- InvestorPlace, Yahoo! Finance, Food Business News, Baking Business, and MarketWatch features

## Active fundraises
- wefunder:fundraise:139136: 4(a)(6) successful (USD)
- wefunder:fundraise:139135: 4(a)(6) successful (USD)

## Story
Victory Hemp is powering the shift to better-for-you foods with the next generation of plant protein: clean, functional, and ready for real food applications. From gluten-free bread to snack bars, shakes and much more, Victory Hemp helps consumer packaged goods (CPG) companies create products that taste better and nourish more, without compromise. Our revenue has more than doubled each of the last two years combined.As the largest hemp heart and oil manufacturer in North America, our patented, solvent-free process unlocks the core of the crop to produce nutrient-dense ingredients used by national food brands.While our products reach across the world, our supply chain never leaves North America — reducing emissions, shortening supply chains, and creating jobs in the communities where we live.To meet soaring demand, we’re expanding production five-fold with a new facility that puts us on track toward $30 million in annual revenue by 2028 (not guaranteed). With $4.5 million raised to date from VCs and strategic investors including Applied Food Sciences, we’re leading the transition to hemp, a climate-tolerant, nutrient-rich crop built for the modern food system.Victory Hemp is the clean-label protein platform CPG giants are looking for. Join us as we scale it.The protein market has been optimized for scale, not for health. Soy, wheat, and dairy dominate the ingredient lists of most protein packaged foods, even though millions of U.S. adults have a food allergy, intolerances and sensitivity to these ingredients.With GLP-1s on the rise, even more consumers need protein that is not over processed or filled with allergenic ingredients.Heavily processed plant proteins offer incomplete nutrition, off flavors, terrible textures and are frequently imported through opaque, unsustainable supply chains. 1 in 3 U.S. adults experience recurring digestive symptoms like gas, bloating, and abdominal pain. Yet many of the proteins marketed as “healthy” are loaded with gums, sweeteners, and fillers.Independent testing by the Clean Label Project on 160 top selling protein powders from 70 brands found that a whopping 47% exceeded California’s Proposition 65 threshold for toxic heavy metals such as lead and cadmium.At the same time, farmers face limited choices. Mono-cropping systems and commodity pricing squeeze margins and deplete the land. Much of the protein and food ingredients on store shelves are imported through long, fragmented supply chains that drive up emissions, reduce transparency, and put consistency at risk.The result is a broken food system at both ends: a production model that shortchanges farmers and a supply chain that delivers cheap calories instead of meaningful nutrition.Consumers are demanding more from the food they consume. The rise of high-protein, clean-label, and free-from foods has reshaped the food aisle. Brands are racing to meet that demand with ingredients that are functional, nutritious, scalable, and digestible.Victory Hemp delivers what other proteins can’t.We’re the engine behind hemp’s breakthrough into the mainstream. Our hemp protein hearts deliver healthy fats and protein in one ingredient. By starting with the hemp heart, the nutrient dense core of the seed, we produce a smooth, neutral tasting protein and functional oil. Our ingredients help brands increase protein allocations, improve texture, and keep labels simple and familiar.Our products contain no CBD or THC. They contain zero psychoactive compounds. We give food and beverage brands a single ingredient that supports ‘better-for-you’, ‘free-from’, and ‘food is medicine’ movements – all without sacrificing taste or performance. Our ingredients are recognized by the FDA as Generally Regarded As Safe (GRAS).We operate as a B2B ingredient supplier, working directly with food and beverage brands to integrate our protein and oil into everyday foods. Our products are in-market, chosen by food scientists looking for clean, scalable, high-functioning protein ingredients.Our products offer an ideal 3 to 1 ratio of Omega 6 to Omega 3 fatty acids and are rich in essential fatty acids like ALA and SDA, all while staying very low in saturated fat. Plus, this powerful protein source naturally delivers around 70% protein with all nine essential amino acids, plus critical micronutrients like iron, magnesium, and zinc.Hemp makes it easy to scale with existing farming equipment. The crop fits naturally into diversified crop rotations, supports soil health, and reduces input needs. By using dehulled hemp hearts instead of the whole seed, we get better taste, denser nutrition, and an allergen friendly ingredient - opening the door to more commercial food applications.We’ve built a supply chain that reflects those values, too. It starts on North American farms and ends in our Kentucky processing facility, where we turn hemp hearts into consistent, high quality ingredients. We can trace every load back to the farm where it was grown, and we maintain full control of our process.Our products meet rigorous consumer and corporate sustainability targets.Our state-of-the-art facility is fully automated and certified by multiple trusted food and safety organizations. Our patented technology can run 24 hours a day, 7 days a week with precision and consistency. It’s engineered for efficiency today and expansion tomorrow.Our leadership team hails from academic institutions renowned for sustainable business practices and environmental sciences. We combine research with extensive experience from leading fast-moving consumer goods and manufacturing companies like PNC, Treehouse Foods, Conagra, Givaudan, Polycor, and DD Williams.Clean-label and free-from foods have shifted from a niche interest to a global force. Consumers now expect organic, non-GMO, dairy-free, gluten-free, and allergen-free options that still deliver nutrition and taste. We’re pioneering the hemp protein segment inside the $400B better-for-you food market.Our products offer complete amino acids, clean flavor, allergen-free nutrition, and regenerative single sourcing.As major brands reformulate to meet new consumer expectations, we’re positioned to unlock the $3–5B U.S. clean label and allergen-free market opportunity. Every day our R&amp;D department is unlocking new applications for hemp protein across snacks, bakery, beverages, and functional foods.Our core business is built on business-to-business (B2B) enterprise contracts, supplying bulk hemp protein and oil to food manufacturers and food ingredient providers. Consistent, high-volume orders and long term contracts create a stable, recurring revenue stream.Additionally, we operate a direct-to-consumer (DTC) line offering health-conscious consumers protein. While a smaller revenue channel, our DTC channel deepens our understanding of consumer preferences, builds brand equity, and serves as a ground for future innovation.To meet soaring demand, onboard more enterprise customers, and grow with existing partners, we’re breaking ground on a new 25,000 sq. ft. facility in Carrollton early next year, set to be operational by early 2027.This new facility will enable our proprietary process for continuous, mechanical de-oiling of hemp hearts with no solvents or shortcuts. The system combines advanced oilseed crushing with automation, capable of running unstaffed periods up to 64 hours.With this new build, we’re setting the stage for operational profitability at a projected 15% EBITDA margin (not guaranteed).Our patented manufacturing set-up allows us to expand into high-potential categories like sustainable personal care, pet nutrition, and industrial applications in the future. Beyond protein, our platform positions us for growth into adjacent markets like nutraceuticals, personal care, and sustainable biofuels with easy to use ingredients.We see multiple pathways toward generating shareholder return. The M&amp;A environment in the plant-based protein space is active and attractive. Recent acquisitions reflect a strong interest in both B2B ingredient supply and D2C nutritional products. This puts us in a favorable position with optionality.As we scale production, we’ll unlock more efficiency gains that enable us to produce large volumes of high-value ingredients, all derived from a single regenerative crop as many brands before us have done.Investors have the chance to receive perks in addition to their monetary investment.America deserves protein that is clean, delicious, and better for the body. We built Victory Hemp to unlock the full potential of the hemp heart and deliver ingredients that food and beverage brands and consumers can trust. They taste good, digest well, and fit naturally into the growing demand for better-for-you and free-from foods.By working with regenerative farmers and processing close to home, we’re building a stronger and more resilient supply chain. Our products are already used by national brands, and demand continues to outpace production.Backed by leading investors in food, agriculture, and sustainability, we’re scaling better protein so that more Americans have access. We built Victory Hemp to help create a healthier food system and a stronger rural economy.Invest in Victory Hemp today.

## FAQ
1. **Hello, what is the liquidation preference on the shares sold in this round?**
   - Hi Lea - Thanks for your question. We are offering a 1.0x Non-Participating Liquidity preference for this preferred round. Detailed investment docs for the round can be found at https://wefunder.com/victory.hemp.foods/invest, but we're happy to talk through any details that may need clarification!
2. **When someone invests in a Victory Hemp through Wefunder and purchases shares, does the individual receive shares and the individual's name go on the Victory Hemp cap table? Or does the individuals name go into some sort of Special Purpose Vehicle and the name of the Special Pu...**
   - Hi Roger, thanks for your question. It's the latter; all investments through Wefunder get bundled into a Special Purpose Vehicle. There are quite a few topics related to SPV in the Wefunder FAQ link here; https://help.wefunder.com/#/investor/getting-started-for-investors. Just search SPV and it will return all the results.
3. **Hi Chad or Tyler, I love your product and attention to quality. Besides being a lectin-free protein source, hemp seems the ideal cash crop to regenerate the depleted Ag belt. I run an investing club with 29k members. I'd like to announce your offering so they can invest too. C...**
   - Hi Mark - Thanks for your investment! This sounds like a great opportunity to get some targeted exposure. I have scheduled some time for us to connect.
4. **Hi Chad, I’m Zac Stahlhut with D3VC, where we focus on identifying promising opportunities across investment crowdfunding. After reviewing your materials, we were hoping to better understand how you’re managing margins given the current cost structure and the capital requireme...**
   - Thanks, Zac, great question. Much of the debt is very friendly, held by equity investors and board members, as well as a large portion being forgivable and non-serviceable over its life, owing to the origin of New Market Tax Credits. Happy to share the model if you'd like to dig in and see how the growth forecasts accommodate the growth in working capital needs. Expansion of margins is achieved as we lower raw material costs by taking more of the upstream processing in-house and adding value ...
5. **Hi Chad, can you give an update on securing lending for the new facility and timeline for construction (sorry if this is in the webinar, I haven't had time to watch it yet)? Also, have you heard of Steward (https://gosteward.com/) which provides loans for regenerative farms an...**
   - Hi Brian, thanks for your question. I apologize for the delayed response. We have worked with Steward in the past raising $177k for raw material. It worked out well. When we circled back to raise capital with them this time around, we learned that they are unable to lend to companies involved in hemp. Unfortunately, this is all too common a response, and steeply narrows our window of access to capital. There have been some significant updates to our 2026 operating plan. We won't begin constru...

## Team
- Chad Rosen (CEO & Founder)
- Benjamin Raymond (VP of Research & Development)
- Thomas Hardy (Director of Sales )
- Marlone Calhoun ( Director of Food Safety and Quality Assurance )
- Ron Ritter (Plant Manager)
- Anthony Medellin (employee)

## Recent posts
- Sales Update: $1.3M+ Year-End Revenue &amp; Strong Momentum Into 2026 (2026-02-04T16:32:48Z)
- Hello everyone,I wanted to share a timely update and invite you to tune in tonight.Last month, Jeffrey Brown of PBS NewsHour visited Victory to interview me about recent legislative developments affecting hemp—specifically the language proposed by Senator McConnell in the Continuing Resolution (CR) bill—and what it means for the future of industrial hemp in the United States.The interview is airing tonight and will be available to stream beginning at 6:00 PM ET on pbs.org/newshour and on the ... (2026-01-14T20:12:57Z)
- This photo was taken by one of the cameramen who was literally behind the scene, as PBS NewsHour Correspondent Jeffery Brown interviewed Victory's Founder, Chad Rosen, about the business and how changes to legislation are helping grow Victory’s business. This interview will air on the PBS primetime NewHour show in January. (2026-01-08T19:36:58Z)
- 🎧​ Listen: KingsCrowd Podcast + EB Terms 70% sold out! (2025-12-08T22:36:17Z)
- Our community round is open to the public! 🚀 (2025-12-02T15:39:26Z)
- Hemp protein acts like a multivitamin with all nine essential amino acids and 70% protein. It packs iron, magnesium, zinc, and a balanced 3:1 Omega ratio. Gram for gram, hemp offers more protein than a chicken breast from a single regenerative plant. (2025-12-01T20:34:18Z)
- Investor Update &amp; Last Chance For Preferred Terms (2025-11-20T17:41:35Z)
- What investing in Victory Hemp really means 🌿 (2025-11-13T13:16:59Z)
- Senator McConnell's language is not a ban of the Hemp Industry (2025-11-11T21:23:22Z)
- Watch the webinar replay now: Hemp’s soybean moment is here 🌱 (2025-10-24T19:29:13Z)
- Multi-exited founders discuss what's next for hemp #webinar 💻​ (2025-10-21T15:13:06Z)
- 🎥​Join our live hemp conversation &amp; get your questions answered (2025-10-15T12:04:52Z)
- Standing at the Edge of the Next Agricultural Revolution (2025-10-10T14:14:17Z)
- We’re on a hot streak 🔥 (2025-10-07T19:46:17Z)

## Q&A
- Q: When someone invests in a Victory Hemp through Wefunder and purchases shares, does the individual receive shares and the individual's name go on the Victory Hemp cap table? Or does the individuals name go into some sort of Special Purpose Vehicle and the name of the Special Purpose Vehicle is what goes on Victory Hemp's cap table?
  - A: Hi Roger, thanks for your question. It's the latter; all investments through Wefunder get bundled into a Special Purpose Vehicle. There are quite a few topics related to SPV in the Wefunder FAQ link here; https://help.wefunder.com/#/investor/getting-started-for-investors. Just search SPV and it will return all the results.
- Q: Hi, I’ve been following your progress on Wefunder and am genuinely impressed by the vision behind VICTORY HEMP FOODS My name is Julian Vance, and I head Catalyst Equity Partners. For the past seven years, I have worked exclusively within the Wefunder ecosystem, helping founders bridge the gap between 'launching' and 'successfully funding.' One of the biggest hurdles in a crowdfunding campaign is maintaining consistent momentum. My work is specifically focused on providing highly curated, niche-specific lists of potential investors who are already active in your industry. Founders I work with have seen significant support and increased investment volume through their Wefunder links by utilizing this targeted data. I’d love to discuss building a specialized investor list for your niche at a very low and affordable price point, designed to ensure you get the highest possible ROI on your outreach efforts. Please reach out to me here at catalystequitypartner@gmail.com so we can discuss a strategy tailored to your industry and help you hit your funding milestones faster. Best regards, Julian Vance Catalyst Equity Partners"
- Q: how likely and when do you expect to get the bigger financing for the facility do u expect to make this full time and when thanks
- Q: what is the exit plan what timeline what would be considered a good valuation at the time of exit if all goes well how would u keep in touch after the close of this round thanks
- Q: when is the round ending would like to invest at least 10k
  - A: Hi Yaaakov - Thanks for your interest! We expect to close the round in early February.
- Q: Hi Chad, can you give an update on securing lending for the new facility and timeline for construction (sorry if this is in the webinar, I haven't had time to watch it yet)? Also, have you heard of Steward (https://gosteward.com/) which provides loans for regenerative farms and supply chains? They are providing a big chunk lending to Cairnspring Mills (just completed a wefunder raise) to support their build out of a production scale mill after reaching capacity and demonstrating high demand from their original small facility.
  - A: Hi Brian, thanks for your question. I apologize for the delayed response. We have worked with Steward in the past raising $177k for raw material. It worked out well. When we circled back to raise capital with them this time around, we learned that they are unable to lend to companies involved in hemp. Unfortunately, this is all too common a response, and steeply narrows our window of access to capital. There have been some significant updates to our 2026 operating plan. We won't begin construction until the 2nd quarter and plan to be in operation on that line by the 4th quarter. Our capital stack will be a mix of USDA guarantee B&amp;I loan and CPACE for construction. Happy to send you more detailed sources and uses, as well as the operational budget for 2026. Please email me at chad@victoryhempfoods.com
- Q: I am a full supporter of hemp, and have used it personally to develop two invention concepts, one of which has cured my psoriasis. I am working on a third currently, and was slightly put off by your mention of cattle and 'methane' and also lack of stating hemp requires zero pesticides and uses less water than any other crop and grows from seed to harvest in about 2 months, providing superior sustainability, or have I missed previous mentions?
- Q: Hi Chad, I’m Zac Stahlhut with D3VC, where we focus on identifying promising opportunities across investment crowdfunding. After reviewing your materials, we were hoping to better understand how you’re managing margins given the current cost structure and the capital requirements tied to the new Carrollton facility. With the noted debt levels and negative net income trajectory, how do you plan to maintain sufficient cash flow while scaling production? Any clarity you can provide on how the new facility impacts your path toward improved gross margins would also be helpful. Thanks!
  - A: Thanks, Zac, great question. Much of the debt is very friendly, held by equity investors and board members, as well as a large portion being forgivable and non-serviceable over its life, owing to the origin of New Market Tax Credits. Happy to share the model if you'd like to dig in and see how the growth forecasts accommodate the growth in working capital needs. Expansion of margins is achieved as we lower raw material costs by taking more of the upstream processing in-house and adding value to co-fractions of the manufacturing process, while also achieving better operating leverage with the expanded production. — Chad
- Q: Hi Chad or Tyler, I love your product and attention to quality. Besides being a lectin-free protein source, hemp seems the ideal cash crop to regenerate the depleted Ag belt. I run an investing club with 29k members. I'd like to announce your offering so they can invest too. Can one of you please set a Zoom to discuss this: Calendly.com/mark-perlmutter. VeganInvestingClub.org
  - A: Hi Mark - Thanks for your investment! This sounds like a great opportunity to get some targeted exposure. I have scheduled some time for us to connect.
- Q: Hello, what is the liquidation preference on the shares sold in this round?
  - A: Hi Lea - Thanks for your question. We are offering a 1.0x Non-Participating Liquidity preference for this preferred round. Detailed investment docs for the round can be found at https://wefunder.com/victory.hemp.foods/invest, but we're happy to talk through any details that may need clarification!