Global Hemp Industry Leader, Folium Biosciences Forges Partnership With Canada

COLORADO SPRINGS, Colo., Feb. 1, 2019 /CNW/ -- The largest hemp company in the USA officially revealed its first international expansion. Southwest Alberta's Medicine Hat was chosen as this very first site.

"We have secured acres of land to build our 100K square foot state-of-the-art Health Canada approved vertically integrated hemp extraction and purification facility," announced Kashif Shan, CEO of Folium Biosciences. "Months of planning has gone into these momentous preparations and the community of Medicine Hat has been nothing but accommodating and gracious."

Kashif Shan was Mayor Clugston's special guest at the annual State of the City address, hosted by the Medicine Hat & District Chamber of Commerce, as well as Kiwanis International on Tuesday, January 29.

"Our PCR rich products help so many people in their daily lives, and while this partnership is crucial, I never want us to lose sight of that," Shan added. "I am more than confident that together we will be able to help so many in need."

"The fact that Folium Biosciences chose Medicine Hat as their first location in Canada is such an accomplishment for our City," says Ted Clugston, Mayor of Medicine Hat. "The scale of their operation will have a huge impact on our community – from employment to real estate to retail. We're excited to welcome them to our growing economy."

The Trade Commissioner Service at the Consulate General of Canada in Denver, Colorado also received the news with optimism for Medicine Hat's imminent economic growth and certain prosperity with such a large scale operation professionally led by the hemp industry's trailblazer.

About Folium Biosciences:

Folium Biosciences is the largest vertically-integrated producer, manufacturer, and distributor of hemp derived phytocannabinoids in the USA, if not the world. It is a B2B, bulk and wholesale supplier of hemp derived CBD 0.0% THC oil, CBD water-soluble technology, CBD 0.0% THC edibles, and CBD for animal health as certified by the state of Colorado.

This Colorado Springs headquartered company ships 0.0% THC white label, bulk and finished products to customers worldwide. It has been certified by the Colorado Department of Public Health and Environment as a producer of 0.0% THC products and has been issued Free Sale Certification.

Folium Biosciences has over 300K square feet of manufacturing space in southern Colorado which supports processing, extraction, and purification operations.  Their brand new state-of-the-art facility in Medicine Hat will mirror their current operations in Colorado.

press@foliumbiosciences.com

SOURCE Folium Biosciences