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 approach two million pounds of hemp biomass with this year’s harvest, which runs via November.
The enterprise presents solutions in extraction, distillation, isolation, THC-cost-free processing, sales, storage and third-celebration testing, as effectively as private- and white-label goods.
In a press release, Paragon Co-President Matt Evans known as the enterprise a “one-quit-shop partnership for clientele, no matter whether they are farmers searching for help, new organizations testing an thought or an established small business searching for to strengthen its production practices and/or item 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 goods, 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.