A report from Grand View Research said that the global cannabidiol market size was valued at US $2.8 billion in 2020 and is expected to expand at a compound annual growth rate of 21.2% from 2021 to 2028.
HempRise has opened its 100,000-square-foot operation in Jeffersonville, Indiana. The plant has the capacity to produce 10 metric tons of hemp biomass per day, which is equivalent to approximately 8 million pounds of biomass per year. The company selected Gray to design and build the facility.
All-In-One NanoStabilizer®-LSO enables the creation of water-soluble nanoemulsion powders from active ingredients such as CBD, Delta 9 THC, Delta 8 THC, essential oils, vitamins and nutraceuticals.