April 30, 2024 7:33 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Proposed $65M hemp extract facility to employ up to 175 in Phoenix

Hemp seeds were planted last week on this 10,000-acre farm near Yuma that will be used to create hemp-derived CBD products. / Provided by Integrated CBD / Phoenix Business Journal

Disclosure: Rose Law Group represents Integrated CBD LLC

Hemp-derived CBD industry is expected to reach $16 billion nationwide by 2025

By Angela Gonzales | Phoenix Business Journal

Integrated CBD LLC is investing about $65 million to build a 154,000-square-foot manufacturing plant in Phoenix that is expected to employ between 125 and 175 people.

Launched in January, the Scottsdale-based company is a vertically integrated, pharma-grade manufacturer of industrial hemp-derived CBD products, said Jeff Dreyer, co-founder and COO of Integrated CBD.

The hemp-derived CBD industry is expected to reach $16 billion nationwide by 2025.

READ ON:

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.