Sunsoil Boosting Hemp Production to Meet Growing CBD Oil Demand

Sunsoil, a manufacturer of CBD oil, said that it will increase production to 100,000 kilos of organic hemp for the 2020 growing season, outpacing 2019 production of around 35,000 kilos.

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The company is requited to boost the hemp production due to its growing retail partnerships. By the end of 2019, Sunsoil’s products expected to be sold in over 1,500 retail locations.

In a bid to meet the growing retail demand of whole plant CBD products, Sunsoil is in the final stages of acquiring additional farmland in Vermont, according to a company statement.

“As the demand for CBD oil products has accelerated, retailers and consumers are recognizing that not all CBD products are equal,” stated Alejandro Bergadco-founder and CEO of Sunsoil.

“Consumers want to know that the products they are ingesting are consistently of the highest quality and meeting purity standards. Sunsoil has taken the steps to ensure that not only is our hemp USDA certified organic, but that our processing facilities are also certified organic, Bergad added.

Scaling Operations to Boost Production

Sunsoil is investing in its operational capabilities. The company used a $7 million investment from One Better Ventures to acquire additional acreage, build a new processing center to accommodate the increased hemp demand, and hire new talent.

“Scaling the operation to accommodate growing demand has been an initiative throughout 2019. We’ve built a new organic certified processing facility that can accommodate up to 800,000 pounds per year and sustain our organic best practices. With the new facility, land and additional team members, we have the right tools to continue to scale our operation and meet growing demand for organic CBD products, Bergad noted.

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