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The largest hemp company in the USA officially revealed its first international expansion. Southwest Alberta’s Medicine Hat was chosen as this very first site. “We have secured acres of land to build our 100K square foot state-of-the-art Health Canada approved vertically integrated hemp extraction and purification facility,” announced Kashif Shan, CEO of Folium Biosciences.
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.
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.
The future is hemp, Tim Gordon says. And the future is now. Gordon is president of the board of the Colorado Hemp Industries Association. Some have called the passage last month of the U.S. farm bill, which takes hemp from a Schedule 1 controlled substance to an agricultural commodity, as a game-changer.
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.
Past President, CEO And Chairman Of The Hershey Company Joins Hemp Industry Leader Folium Biosciences on Board of Directors. -December 2018 As the 2018 Farm Bill awaits being signed into law by the White House, Colorado based Folium Biosciences announced the first...
THE GAZETTE: Colorado Springs supplier looks to expand production of popular hemp oil By: Rich Laden - Feb 16, 2017 A Colorado Springs company that bills itself as one of the nation's largest hemp oil suppliers wants to more than quadruple the size of its local...
HEMP MAGAZINE: Colorado: The Nation's Hemp Basket By: Joel Hathaway - March 20, 2018 How the state is setting the standard for industrial hemp production in the U.S. If you stroll through the streets of La Junta, Colorado, it will appear, in many ways, to be the...