Mile High Labs International Inc. reports its patent-pending, modular, CBD-extraction technologyâcurrently installed on a partnering farmâis processing 50 acres of hemp daily into full spectrum oil, the baseline ingredient from which CBD products are made.
Â
Â
Called the Mile High Monster, the CBD extraction technology increases Mile Highâs production capacity by more than 500 percent, reports the company, which extracts exclusively from industrial hemp flower material and offers bulk and wholesale CBD ingredients and co-packing services to manufacturers, retailers and companies industry.
Mile High Labs recently installed the first unit on a hemp farm in eastern Colorado and a second unit is slated for installation in southern Colorado later in March, notes a press release from the company. This will âgive hemp farmers the security of having a reliable buyer as they increase hemp production, while ensuring Mile High Labs has the raw material to supply safe CBD ingredients to meet global consumer demand,â it adds.
Â
Â
âThree years ago, the technology and equipment did not exist to produce CBD at an industrial scale or allow the worldâs largest brands to deliver safe CBD products to consumers around the world,â says company founder and CTO Stephen Mueller, adding that the new technology is the culmination of company efforts to optimize the CBD extraction process and build the equipment needed to achieve this.
Citing the passage of the U.S. Farm Bill late last year, the company statement notes âwhile the increased hemp production provides the raw material needed to help develop wildly popular CBD products, no one has optimized CBD extraction at an industrial scale, causing a bottleneck between cultivators and consumers.â
Calling the companyâs new offering a solution, âit was built specifically around the ability to process mass quantities of hemp to supply a global marketplace, both today and long into the future,â the statement notes.
âWeâre in such a rapidly evolving industry that itâs essential to be hyper-focused on science and compliance,â says Wendi Young, director of compliance and regulation for Mile High Labs.
Â
Want to keep up to date on whatâs happening in the world of cannabis?  Subscribe to the Cannabis Post newsletter for weekly insights into the industry, what insiders will be talking about and content from across the Postmedia Network.