Extraction technology becoming a critical process in legal Cannabinoid sector

Before new cannabinoid-infused products can hit the market, a key process is required between the greenhouse and the store’s shelves—Cannabinoid extraction is quickly becoming one of the most critical elements to the legal cannabis sector.

The sector’s largest players are already starting to shore up their extraction pipelines, including majors such as Aphria Inc. (TSXV: APH) (OTC: APHQF), Aurora Cannabis (TSXV: ACB) (OTC: ACBFF), Canopy Growth (TSX: WEED) (OTC: TWMJF), and GW Pharmaceuticals (NASDAQ: GWPH).

As consumers demand more infused products from lotions and soaps, to beers and wines, to pharmaceuticals, the developers of those products will continue to require a greater amount of pure extracts to fulfill those orders. As well, many THC consumers are demanding pure THC extracts for their own consumption as well, with the purer the product being the most desirable.

Whether done in-house, or by hiring out to the brightest minds in the extraction technology space, the majors are taking measures to ensure they’ve got their extracts in full supply.

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