On today's episode Seth and Kevin speaks to Steve Borden, VP of Business Development for Help Extraction Labs USA, about why they are currently seeking equity partners to finance 2,400 lb/day hemp extraction labs in Colorado. The investor will receive a Thirty Percent (30%) Equity Stake in the lab. Funds required to initiate this plan will be $5,350,000*. An investor would also have the option to upgrade the facility up to but no more than 6,000 lbs/day if they choose, at an additional cost of $4,200,000*.
Steve's group expertise and current involvement in the Oil & Gas sector over the last two decades allows them to design, fabricate, equip and produce state of the art portable industrial labs quickly and efficiently for the O&G market. They have applied that same knowledge to the hemp industry.
They have expert industrial design, electrical and mechanical engineers, along with bio-chemists and molecular biologists that are part of their team. Their extraction partners are also market leaders in molecular isolation. Their unique advantages and the incredible speed to fabricate and furnish the hemp labs opens up numerous possibilities for them right now without the constraints associated with site built construction. Currently they can fabricate (in house) 50 extraction labs a year at peak production. First to market wins the race.
More about Hemp Extraction Labs USA here,
www.hempextractionlabsusa.com
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