A California company announced Thursday its plans for a $400,000 hemp processing plant in Kentucky.
Genius Extraction Technologies, a plant-oil extraction company from Lake Arrowhead, Calif., will open a full-plant extraction center at the Atalo’s Hemp Research Campus in Winchester, according to a news release. This announcement was made Thursday at the Cannabis World Congress Business Expo in New York.
According to Genius Extraction CEO Brenna Gaither, preliminary setup and testing has been in progress since March, when they installed a chilled ethanol extraction system and successfully processed 35 pounds of hemp an hour. Next they will ramp up to 100 pounds an hour, then 20,000 pounds.
They expect to process 250,000 pounds for commercial production this fall for Atalo and its subsidiaries, Super Food Processing and KentuckyCBD.
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“Their core business is developing cutting edge essential oil processing equipment,” said William Hilliard, Atalo CEO. The facility employs four people and will add four more positions in the fall, according to the release.