Khrysos Industries, a subsidiary of Youngevity International (NASDAQ: YGYI) hasannounced that it has received a hemp seed dealer license from Florida’s Agricultural Environmental Services Bureau of Licensing and Enforcement.
The company has already purchased six 45 X 8 hemp seed grow houses featuring auto temperature and humidity-controlled systems. All houses also contain UV lighting systems and automated irrigation, according to a Khrysos statement.
“These automated climate control grow houses all are housed with dehumidification systems and will be located on our 45-acre tract of land in Central Florida,” President of Khrysos Dwayne Dundore stated.
Khrysos is a manufacturer of commercial hemp-based CBD extraction, post-processing equipment, and end-to-end processor of CBD isolate, distillate, water-soluble Isolate, and water-soluble distillate. Its subsidiary INX Laboratories provides a range of testing services including potency analysis for its supply partners of hemp-derived CBD products.