SACO, Maine – PHCO2, announced a distribution partnership with Open Book Extracts (OBX). The agreement includes distribution of all of PHCO2’s USDA-Certified Organic ingredients with all natural minor cannabinoids.
“We see this partnership as a great opportunity to work with a company that has built a complementary business to our own, in that OBX offers the market a wide variety of high-quality and high-purity products, including whole plant hemp extracts and isolates. OBX has a strong commercial team with a great deal of depth and experience across the hemp, dietary supplement, nutraceutical, and pharmaceutical industries, and has geographic commercial coverage in North America, Europe, and Asia. This partnership marks the next step in getting PHCO2’s superior organic ingredients to a larger share of the expanding whole plant hemp extract market,” said John C. Quinn, CEO of PHCO2. This relationship represents a natural progression for PHCO2, which already provides superior quality ingredients, including PHCO2’s organic ingredient product line, that are USDA-Certified Organic and kosher certified, grown, processed, and packaged in the U.S.A., and operates a 30,000-square-foot cGMP third-party-certified facility for operation in compliance with 21 CFR 111 and 21 CFR 117 regulations. PHCO2’s whole plant hemp extract ingredients are certified for two-year stability from the manufacturing date for cannabinoids and microbial contaminants.
PHCO2 has 40 years of scientific expertise in patented supercritical CO2 process and extraction; combined with the powerhouse team of scientists, formulators, researchers, and technical experts at OBX, companies seeking the USDA-Certified Organic whole plant hemp extracts with the finest, purest, most potent* ingredients have come to the right place when they seek us out.
Open Book Extracts, with a 76,000-square-foot, cGMP-certified research and production facility in Roxboro, North Carolina, is also an established and trusted leader in the burgeoning cannabinoid industry, providing cGMP-certified manufacturing and product formulation of premium plant-based cannabinoid products. OBX and PHCO2 are effective and dependable partners and sources of the highest quality whole plant hemp ingredients in the market, as both companies share the same focus on quality, purity, reliability, scientific protocols, and transparency. OBX has developed proven methods to efficiently manufacture a broad range of cannabinoids from hemp and natural sources, including CBD, CBN, CBC, CBG, CBGa, CBT, CBDa, CBDv, and THCv. OBX offers concept-to-market formulation and product development services, leveraging leading water soluble technology and unique delivery mechanisms to help its clients bring to market a wide range of finished goods—from core softgels, capsules, and gummies, to orally dissolving tablets, tongue strips, and aerosol sprays.* OBX sees this partnership as a clear way to add a unique supercritical CO2-processed Certified-Organic whole plant hemp extract offering to its line of ingredients.
PHCO2 and Open Books Extracts will be exhibitors at the White Label CBD & Hemp Expo on September 30 through October 1 at the Javitz Center in New York, available to speak with expo attendees about the varied ingredients, products, and services they offer. PHCO2 will be at booth #3654, and OBX will be at booth #3263.
William Smart, head of New Business Development for PHCO2, said, “We’re looking forward to exhibiting at this expo and thrilled that our distribution partners at OBX will be just a few booths away so attendees can speak to us both about their whole plant extract and CBD needs. It’s an exciting time to be in this industry.”
(This information is primarily sourced from PHCO2. Highly Capitalized has neither approved nor disapproved the contents of this news release. Read our Disclaimer here).