ExtractionTek Solutions (ETS) and Pinnacle Stainless, two Colorado-based innovators in cannabis extraction technology, equipment design and fabrication, are pleased to announce they are merging operations, effective Jan. 1, 2021. The company will operate under the name ExtractionTek Stainless, Powered by Pinnacle.
The merger brings together expertise in closed-loop hydrocarbon and ethanol extraction methodologies, and allows the companies to centralize all equipment design with in-house fabrication, all of which will facilitate business expansion. As a result of this merger, the company projects combined revenues of $45 million in 2021. Company leadership plans to maintain current staffing levels.
“As the cannabis space continues to grow more competitive, we understand that combining our forces is the path forward to achieve a level of synergy impossible alone. ExtractionTek Solutions brings industry-leading hydrocarbon extraction technology, and Pinnacle offers expertise in ethanol extraction, excellent fabrication capability and an advanced
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Greeley, Colorado, Sept. 30, 2020 (GLOBE NEWSWIRE) — Greeley, Colorado-based CBD-hemp extraction company, Vantage Hemp Co., has been granted the Occupancy and Safety Certification for its second facility after passing regulatory inspections.
The Occupancy and Safety Certification gives Vantage Hemp Co. the ability to operate with complete extraction flexibility depending on the biomass and customer needs with CO2 and hydrocarbon extraction. Both production lines will run simultaneously, which maximizes the production capabilities of the two facilities.
“We’re very excited for the completion of our hydrocarbon extraction facility,” says Harvinder Johal, Director of Vantage Hemp Co. “This facility will further define and demonstrate our mantra of extraction based on science and driven by data.”
Vantage Hemp Co. announced the completion of its world-class facilities earlier this year. With the addition
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Sep 28, 2020 (The Expresswire) —
Global “Cannabis Extraction Market” report includes overview of industry characteristics, manufacturing technology, industry chain analysis and latest market trends and dynamics. The Cannabis Extraction Market report also explores future trends for supply, demand and growth rate, size, prices, Cannabis Extraction market share, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2020 to 2026.
Scope of the Cannabis Extraction Market report is as follows:
● To define and segment the market for Cannabis Extraction ● To analyse and forecast the Cannabis Extraction market share and size, in terms of value and volume ● Raw Material Supply and Downstream Consumer Information are provided in Cannabis Extraction market report. ● Industry Barriers and New Entrants SWOT Analysis
Top Key Manufacturers in Cannabis Extraction Market Report: