Mile High Labs – the biggest CBD Isolate manufacturer in the world – yesterday announced its purchase of a production facility in Broom Field, Colorado. Mile High Lab’s new production facility measures 400,000 square foot and includes land, buildings, labs, and ready-to-use manufacturing equipment.
Stephen Mueller, the co-founder, and Chief technology officer of Mile High Labs, noted that this transaction is the hugest infrastructure purchase the CBD market has ever had and just marks the beginning of Mile High Labs. Mueller said that in the coming quarters, the company plans to leverage this enormous infrastructure to build the world’s center for the manufacture of CBD products.
The new facility is fully operational, and this allows Mile High Labs to commence the production of private label products such as capsules, tinctures, gummies, and topicals. The facility also has equipment and infrastructure for quality assurance, research and development, filling, bottling, packaging, labeling, warehousing, compliance monitoring and shipping.
An Upcoming CBD Global Center
The Mile High Labs campus will be the epicenter of Colorado, the center for the hemp industry. The company has plans to create an environment for advanced research, training, and collaboration within the hemp industry.
According to Mr. Mueller, CBD is a fantastic molecule that they’re only starting to understand. He went on to say that just as California’s Silicon Valley has fostered collaboration and innovation in the technology industry; Mile High Labs is looking to create a CBD center for the industry to innovate, learn, grow and succeed.
Maximum Capacity for Supplying the Growing Demand.
The Broomfield campus marks Miles High Labs’ third move since it was founded in 2016. This company was originally based in Longmont and later moved its production in 2017 to a bigger building in Loveland. After the 2018 Farm Bill made hemp legal and created a high CBD demand, Miles High Labs started looking for a bigger production facility.
Mueller reported an increase in their product’s demands following recent legislative developments and held that the company would have even a greater chance to provide higher quality consistently for their large and small customers with the new production facility.
A Gain for Broomfield
With the new production facility, Mile High Labs will create jobs for people in mid-and-high wage fields. These range from production, maintenance, engineering, sales, marketing, research and development, accounting, and compliance/ regulation.
Talking in this respect, Mr. Mueller was grateful to Broomfield and Colorado for creating an environment where the company can be a long-term partner in the community’s economic success. Mueller said that they are looking forward to sustained growth and hope that former employees of the facility and Broomfield residents will consider the new opportunities offered by the company.
About Mile High Labs
A large-scale CBD product and ingredient manufacturer, Mile High Labs has been offering reliable delivery of private label services and bulk CBD to leading consumer brands. Miles High Labs has an extensive network of contracted cultivators and a GMP-certified facility that supplies high volumes of quality CBD orders throughout the year. Mile High Labs exclusively extracts its CBD from industrial hemp material. Learn more about this company at www.milehighlabs.com.