Thursday, May 19, 2016 10:36:08 AM
Perlowin also mentioned the company will have a 6th product soon but the company is keeping it under wraps for now. "We are in negotiations to either rent 10,000 square feet of our 70,000 square foot facility or provide a separate building on or near our property to the company that wants to purchase this 6th product from us. This seems to be a budding trend with our customers. As with this particular order, we estimate it will take over 10,000 acres of hemp to process enough material to supply their needs," said Perlowin.
"We have also been in negotiations with several CBD manufacturers who want to rent 1,000 to 3,000 square feet in our facility to process CBDs. Reason being? They want to be where the largest supply of hemp will be grown in America. We suspect we'll be growing a lot more in North Carolina than we originally anticipated, so we're considering expanding this model of creating space in our facility or building additional buildings on or near our existing campus as we quickly become America's first Hemp Hub. With rapid technological advances in CBD extraction, CBD manufacturers will want to have a place to showcase their manufacturing equipment for sale, and create a somewhat turnkey solution for the production of their CBD oils and other products. Our North Carolina Hemp Hub is the perfect place for this."
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM
One World Products, Inc. Issues Shareholder Update • OWPC • May 29, 2024 8:20 AM
Green Leaf Innovations, Inc. Engages Olayinka Oyebola & Co for Two-Year Audit • GRLF • May 28, 2024 8:30 AM
HealthLynked Introduces AI-Powered Chat Function to Enhance Healthcare Accessibility • HLYK • May 28, 2024 8:00 AM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM