Colorado-primarily based Paragon Processing stated it will take on 250 workers as it opens an industrial-scale hemp processing facility close to Colorado City in the south central portion of the state.
Paragon stated it has a target to approach two million pounds of hemp biomass with this year’s harvest, which runs by means of November.
The organization presents solutions in extraction, distillation, isolation, THC-totally free processing, sales, storage and third-celebration testing, as properly as private- and white-label goods.
In a press release, Paragon Co-President Matt Evans referred to as the organization a “one-cease-shop partnership for customers, no matter whether they are farmers looking for help, new providers testing an notion or an established company looking for to strengthen its production practices and/or solution lines.”
Centered about proprietary processing technologies for cryo-ethanol extraction and 3-stage molecular distillation, the facility can turn out CBD distillate, THC-totally free distillate, CBD isolate, CBG, CBN and CBD-infused merchandise, Paragon stated.
The 250,000 sq. ft. factory is in former industrial space on 38 acres, 140 miles south of Denver. Storage capacity is up to 50 million pounds of hemp biomass, and the facility has 13 dock loading positions.