NEESES, S.C. (AP) — An industrial hemp company based in North Carolina has built a new cannabis oil extraction facility in a South Carolina town.
Carolina CannaTech built its 2,400-square-foot (223 square-meter) cannabidiol facility on a 50-acre (20-hectare) parcel of Carolina Fresh Farm’s 3,000-acre (1,214 hectare) hemp and sod farm just south of Neeses, The Times and Democrat reported.
“Our food-grade facility enables us to bring hemp-processing in-house, giving us greater control of quality and cost,” Carolina CannaTech co-founder John Jameson said.
“We now grow, harvest and extract our hemp on-site, furthering our mission to vertically integrate our company and make CBD more accessible and affordable to the consumer,” he said.
Company officials declined to comment on the cost of the investment except to describe it as “significant.”
The farm currently employs three people with plans to expand the extraction facility, company officials said.
Carolina CannaTech worked with New River Distilling Company in Boone, North Carolina, to design and build the facility’s equipment and systems. The local investors are Andy Fogle and Carolina Fresh Farms.
The facility uses extraction and evaporating methods and equipment to turn their farm-grown hemp into crude oil and eventually to a distillate, or full-spectrum CBD, which is used in…