
Hemp2Lab
Crafting Exceptional Hemp Oil Products - Hemp2Lab.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
$50.0k | Grant | ||
Total Funding | 000k |
Hemp2Lab, established in 2019, operates within the agribusiness sector with a specific focus on the hemp-derived CBD market. The company was founded by Bill Margaritis, an entrepreneur and former FedEx senior corporate executive, who now serves as the President and CEO. His extensive background in global communications and investor relations provides a strong foundation for leading the venture. The company's core business revolves around the extraction, processing, and manufacturing of hemp into crude ingredients and finished CBD products, positioning itself as a key link in the supply chain between farmers and consumers.
Headquartered in a 10,000-square-foot facility in Rossville, Tennessee, Hemp2Lab employs advanced processing technology and proprietary extraction methods to ensure product consistency and safety. The company's business model caters to wholesalers, retailers, and consumers by converting hemp harvests into marketable goods. A notable partnership includes a licensing agreement with the lifestyle brand Easyriders to supply CBD oil for their line of products, which includes creams, oils, and tinctures. To guarantee quality, the hemp is cultivated on organic-certified farms, and all products undergo third-party testing.
Hemp2Lab's establishment was timely, following the legalization of hemp cultivation under the 2018 Farm Bill. In a significant milestone, the company received a $50,000 grant from the Tennessee Agricultural Enterprise Fund in November 2020, recognizing its operational quality and business potential within the state's growing hemp industry. Keywords: Hemp2Lab, CBD extraction, hemp processing, Bill Margaritis, Rossville Tennessee, CBD oil manufacturing, hemp supply chain, agribusiness, CBD products, third-party tested CBD, organic hemp, Easyriders CBD, Tennessee Agricultural Enterprise Fund, B2B CBD, wholesale CBD, retail CBD, hemp-derived products, cannabis industry, phytocannabinoids