Seed-to-sale industrial hemp company Carolina CannaTech raises $1.26M to build extraction lab
Story Date: 11/22/2019

 

Source: Chantal Allam, WRAL TECHWIRE, 11/21/19

 
Industrial hemp startup Carolina CannTech originally wanted to grow and sell hemp biomass. However, it didn’t quite go to plan. “We discovered the extraction business is the wild West,” its co-founder and manager John Jameson told WRAL TechWire. “A lot of labs here pay little for biomass, or they do an oil split where they take a pretty large chunk.” So instead, they decided to do it themselves.

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