Episodes
Monday Jan 28, 2019
EQUITY.GURU: Hemptown Organics
Monday Jan 28, 2019
Monday Jan 28, 2019
Hemptown Organics is a private company which produces high-quality, full-spectrum CBD and CBG isolate out of its facility in southern Oregon.
Part of Southern Oregon intersects with the legendary Emerald Triangle. As such, the company is well situated for cultivation: Hemptown grew 150,000 pounds of bio-mass in 2018 during its first season.
The company is currently in the process of raising USD$10.5 million for farm expansion.
With up to an additional 3,780 acres of farmland available for expansion, in-house extraction and processing facilities and a branded product line, Hemptown Organics intends to capitalize on a global CBD hemp-oil market estimated to hit USD$2.5 billion by 2026.
Equity.Guru’s own Chris Parry, spoke with Mike Townsend, Hemptown’s CEO, to get an inside look at the company, its portfolio and its future prospects.
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