Company name: Thar Extracts Alberta
Description: Producer of solvent-free extracts, ingredients and blends cannabinoids from hemp in Lethbridge, Alberta. The company specializes in purification/isolation services, including THC-Free Distillate, CBD Isolate and minor cannabinoid isolates.
Industry: Materials and Resources | Group: | Code:
Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Privately Held (backing)
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Financing Status: The company was formed as a joint venture between Thar Process and 51st Parallel on December 17, 2019. The company formed will provide a significant opportunity along with access to bulk standardized cannabinoid-based APIs, derivates and other formulations at a price comparable to biosynthesis and lower than the production cost to most licensed producers and will have Thar Process with 40% stake and 51st Parallel with 60% stake in the joint venture.
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Profile last updated: 18-Dec-2019
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