Hemptown USA is employing technology to improve hemp cultivation by keeping production costs low and optimizing yields. An article discussing the company reads, “Hemptown employs a ‘soil to oil’ methodology that involves experienced professionals working in a few selected agricultural microclimates across Oregon’s Emerald Triangle, Kentucky and Colorado. In 2018, Hemptown harvested 110,000 pounds of full-spectrum biomass with CBD content of approximately 17% from the Oregon hemp farm. . . . In 2019, the company is scaling up operations to meet the growing market demand for affordable hemp and CBD oil. As per initial estimates, it will cultivate over one million pounds of hemp. By 2020, the company’s projected revenue will reach $100 million to $200 million as the additional farming operations reach full capacity.”
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About Hemptown USA
Hemptown USA is growing some of the finest high-cannabinoid hemp plants in the world. Following an impressive first-year yield, Hemptown USA is scaling up its operation to meet the ever-increasing global demand for cannabinoid products. With expanded farmland spanning three states and in-house extraction and processing facilities, Hemptown USA is now positioned to vertically integrate into the Consumer Packaged Goods sectors with top-quality-branded product lines for the consumer market. Hemptown USA’s vertically integrated business model is well positioned to capitalize on a global market expected to exceed $22 billion by 2020. For more information, visit the company’s website at www.HemptownUSA.com.
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