A surprise announcement at Tuesday’s annual State of the City address, as hemp oil manufacturer Folium Biosciences is the newest large company to make the move to Medicine Hat. Near the end of his address in front of a packed room of hundreds of community leaders, Mayor Ted Clugston announced two plants will be constructed over the next year, which will bring 250 full-time positions once opened.
Hemp oil producer Folium Biosciences is planning to build an extraction and processing facility in Medicine Hat this year, bringing with it 250 full-time jobs, officials with the Colorado-based company announced Tuesday. The news, delivered at the Mayor’s State of the City Address, caused a major stir among the several hundred attendees.
Australis Capital Inc. (CSE: AUSA) (“Australis” or the “Company”) is pleased to announce the Company has invested $3,000,000 USD in Folium Biosciences (“Folium”), the largest vertically integrated producer, manufacturer, and distributor of hemp derived phytocannabinoids in the United States.
As the 2018 Farm Bill awaits being signed into law by the White House, Colorado based Folium Biosciences announced the first outside member of its board of directors: J.P. Bilbrey, the immediate […]
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