Extraction Lab Hemp Synergistics Gets $1.5M Seed Investment

Extraction Lab Hemp Synergistics Gets .5M Seed Investment

Hemp Synergistics, a hemp extraction laboratory producing THC-free custom CBD formulations recently announced it received $1.5 million in seed funding to launch a high-tech laboratory. The lab has been designed to resolve the problem of inconsistent THC levels in a range of cannabinoid-based consumer products, the company told Benzinga. The 18,700 square foot facility will deliver extractions of THC-free broad-spectrum hemp distillates and custom formulated cannabinoid blends for clients in the pharmaceutical, nutraceutical, food and cosmetic markets within a Current Good Manufacturing Practices environment. “Our top priority is creating 100% THC free formulations to ensure the health and safety of all consumers. Products have been falsely marketed as THC free, or with levels below 0.3% THC, for years, when in many cases levels far exceed those claims. That is not fair to consumers and can be detrimental to their health in some instances,” Co-Founder Russ Cersosimo told Benzinga. “Hemp Synergistics will set an industry standard for a higher quality product through our technology and expertise- with or without FDA regulations.” Hemp Synergistics has a modular design that will allow the company to scale up production and expand to locations across the country to cut down on shipping time, with ease. The company is…

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