Colorado-primarily based Paragon Processing mentioned 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 mentioned it has a target to course of action two million pounds of hemp biomass with this year’s harvest, which runs via November.
The corporation provides solutions in extraction, distillation, isolation, THC-cost-free processing, sales, storage and third-celebration testing, as nicely as private- and white-label goods.
In a press release, Paragon Co-President Matt Evans referred to as the corporation a “one-quit-shop partnership for customers, irrespective of whether they are farmers in search of help, new organizations testing an notion or an established organization in search of 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-cost-free distillate, CBD isolate, CBG, CBN and CBD-infused items, Paragon mentioned.
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.