Agribusiness  July 17, 2018

Full-range hemp company forms in Durango

DURANGO — A Durango company has formed to capitalize on the growing popularity of hemp and products extracted from hemp.

The Durango Herald reported that Cannagenics Inc. has located in Bodo Industrial Park and together with its subsidiaries will manufacture pharmaceuticals based on cannabidiol, or CBD, extracted from hemp. It will also grow hemp in Southwest Colorado and manage transactions involving hemp using a website designed for hemp trading.

It is the only business currently extracting CBD in the Four Corners area, according to the report.

 

DURANGO — A Durango company has formed to capitalize on the growing popularity of hemp and products extracted from hemp.

The Durango Herald reported that Cannagenics Inc. has located in Bodo Industrial Park and together with its subsidiaries will manufacture pharmaceuticals based on cannabidiol, or CBD, extracted from hemp. It will also grow hemp in Southwest Colorado and manage transactions involving hemp using a website designed for hemp trading.

It is the only business currently extracting CBD in the Four Corners area, according to the report.

 

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