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Monday, June 10, 2019 2:45:12 PM
Sunstrand
GenCanna
Vertical
Colorpoint
... to name a few. Pretty sure they are all private companies, and none of them have the Temafa/Mactavish equipment for high-volume fiber processing. Someone can correct me, but pretty sure most of those companies are starting with CBD production. Colorpoint has an impressive op for high CBD hemp grows. Each one of those companies are doing large-scale production/processing.
Just another sign of the industry flourishing. Can't say if any of them are making money yet. They are most likely operating in the red, as they establish their facilities and operations. But the industry is painted green, and projections are in the billions. Everyone is rushing in for a piece of the hemp processing pie.
As far as I can tell, each hemp-state is trying to establish more than one processor.
HEMP INC is doing the same, albeit in multiple states.
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