Business

Blühen Botanicals to open largest hemp facility in Tennessee

The cannabis industry is growing and its branches are rising through the ranks as well. It is not recreational or medical marijuana that has become the darling of the cannabis industry but the cannabidiol (CBD) oil market is drawing the most attention. Once they extract the oil from the hemp, companies now say that they will use the remaining biomass for other things.

The cannabis industry is growing and its branches are rising through the ranks as well. It is not recreational or medical marijuana that has become the darling of the cannabis industry but the cannabidiol (CBD) oil market is drawing the most attention. Big names are using CBD as a gateway into the cannabis industry, and it is inspiring more companies to do the same.

Tennessee-based Blühen Botanicals is one of the recent entries into the growing CBD market

Spearheading the venture is Joe Fox and longtime friend Erich Maelzer. The duo hopes to launch the largest industrial hemp processing and extraction facility in Tennessee and the southeastern region of the U.S.

The facility will be located at 2209 N. Central St., where farmers will be able to get their locally grown hemp processed. The facility will be capable of producing CBD oils. One will be 99.99 percent CBD, which means it will be free of the psychoactive compound tetrahydrocannabinol (THC). The other will be at least 85 percent CBD, with limited amounts of THC.

Plans for the CBD oils

The CBD oils will be sold to wholesale and wellness retailers. The company plans on releasing its own line of CBD oils, but it will not come until 2019. What is important for the company now is to get the facility up and running.

Tennessee-based Blühen Botanicals is one of the recent entries into the growing CBD market. (Source)

A healthy ecosystem for cannabis

The new facility will help Blühen Botanicals create a good ecosystem for cannabis in Tennessee. The farmers will be encouraged to grow hemp because there is an increasing demand for it. This will likewise allow them to easily tap into the CBD market that is expected to grow to $2.1 billion by 2020 and to $57 billion by 2027.

The processes for extracting CBD oils vary but they are a meticulous process nonetheless. Farmers typically do not have access to extraction machines without the help of big companies so a firm leading the way is always necessary.

Considering how easier it is to grow hemp than marijuana, the farmers will have a steady stream of income aside from the crops they already cultivate. Hemp can grow in an array of weather conditions. As long as there is no extreme heat or cold, the plants will be able to thrive on their own.

The CBD oils will be sold to wholesale and wellness retailers (Source)

The company will use everything form the hemp plants

Once they extract the oil from the hemp, Fox said that they will use the remaining biomass for other things. The 18,000 square-foot facilities can process 2,000 pounds of hemp biomass daily and this can be used to make bioplastics and other disposable products. Basically, nothing will go to waste in the upcoming facility.

Blühen Botanicals has big plans in introducing CBD into Tennessee. The facility is expected to have a big positive impact on the state’s agricultural sector and the economy as well. More importantly, the state will have a strong source for the naturally occurring beneficial compound.

(Featured Image by futurefilmworks.)

Angelique Moss

Angelique Moss is a London-based entrepreneur, writer, and traveller. The world of business, finance, and technology, is her preferred cup of tea. She also writes about the developments and discussions on health, art, luxury and media. A top writer for several Medium publications, she has published hundreds of widely read articles on investing, stocks, global markets, cannabis, and technology for multiple platforms. She is also interested in culture, history, and social affairs.

Recent Posts

Ontario Increases Efforts to Combat Illegal Cannabis Market

Ontario is investing $31 million over the next three years to enhance efforts against illegal…

5 days ago

Hanover and Frankfurt Will Be the First German Cities to Legally Sell Cannabis for Adult Use

Frankfurt and Hanover are launching five-year pilot projects for legal, regulated cannabis sales to adults,…

6 days ago

CBD Decree Suspended By Italian Administrative Court for Third Time

Italy's Regional Administrative Court suspended the Health Ministry's decree labeling CBD as a narcotic, pending…

1 week ago

Which U.S. States Will Vote on Cannabis Legalization in November 2024?

This November, five U.S. states will vote on measures related to legalizing recreational or medical…

2 weeks ago

Italy to Be Investigated By EU Commission Over Proposed CBD and Hemp Ban

The European Commission has launched an investigation into Italy after its recent proposal to ban…

2 weeks ago

Prolonged Cannabis Use May Leave a Unique DNA Signatures

A new study has found that prolonged use of high-THC cannabis leaves a unique mark…

2 weeks ago