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The question as to the difference between hemp and marijuana often causes confusion because they come from the same plant species, cannabis sativa. The short answer to what the difference is between the two plants is hemp does not cause a psychoactive effect and is primarily used for industrial purposes, while marijuana, on the other...
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Last year was hard to beat for Hemp Depot, which won a No. 1 spot in the 2019 Fast 50 with 9,621% revenue growth between 2016 and 2018. Heading into Covid-stricken 2020, that three-year growth rate has dropped for the Greenwood Village-based company. But when a “drop” means 861% growth and increased revenue, Hemp Depot...
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Take a look inside Hemp Depot, a Springs-based wholesale provider of hemp CBD oil products, seed and clones. (Video by Katie Klann)
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DENVER, Sept. 08, 2020 – Hemp Depot was named Colorado’s “Cannabis Manufacturer of the Year” in Company Week’s 5th Annual Colorado Manufacturing Awards, an annual honor bestowed upon the top manufacturers from across the state in multiple categories. Touted as the “top regional industrial awards and recognition program” in the country, the Colorado Manufacturing Awards...
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Winners were announced last week in the fifth annual Colorado Manufacturing Awards, with participants convening at a virtual event after two pandemic-related postponements. Company executives from around the state were on hand as finalists competed for top honors in 14 industry and achievement categories. Company leaders were effusive in recognizing the resilience and exemplary work...
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A Denver-based insulated drinkware company ranked the highest of the 151 Colorado companies on Inc. magazine’s 2020 list of the fastest-growing private companies in America. BruMate, which was founded in 2015 by now 25-year-old Dylan Jacob and featured in Forbes magazine recently, sells insulated can coolers, tumblers and drinkware. It reported that 2019 revenue increased 11,951...
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An old adage suggests that “when the going gets tough, the tough get going.” But for manufacturers, an adapted version might be, “When the going gets tough, the tough get smart.” But how do you get smart when multiple business-threatening disasters seem to be occurring all at once? It’s a question our leadership team, along...
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As both your business and industry evolve, you may be wondering if it’s time to evolve your business practices as well. A thorough review of your processes can help you define what you’re currently doing, identify areas of strength and potential improvement and guide you toward future solutions. As industry leaders, the members of Forbes Business...
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Hemp Depot CEO and co-founder Andy Rodosevich was interviewed live on Muse TV on April 20, 2020, on the state of the CBD industry during the COVID-19 pandemic. Hear how Hemp Depot is responding by shifting a portion of the business to manufacturing hand sanitizer and supplying personal protective equipment (PPE) to employees of the...
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As states continue to implement and extend stay-at-home mandates, cannabis dispensaries have, for the most part, been among a select number of businesses permitted to remain open. Some cannabidiol (CBD) retailers have not been given the same luxury, but even for the CBD companies who are permitted to continue operations, the decision to stay open is...
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