Samson Extracts, an Alabama-owned and operated manufacturer of bulk cannabidiol (CBD) ingredients, announced that it is expanding its product offerings to include bulk isolate extraction and manufacturing, available internationally. Leveraging its GMP-certified, complex industrial-scale extraction system to ensure high-volume output, this news marks Samson’s entrance into the global hemp and cannabis markets.
Driven by an increase in consumer demand for natural products and a growing awareness of the potential health benefits of hemp-derived ingredients, including CBD, the global industrial hemp market is expected to see significant growth, with projections estimating an annual growth rate of 17.5% from 2024 to 2030.
A rise in the production of topical hemp-based products is expected to have a major impact on market growth, according to Samson. As the purest form of CBD, isolate is an odorless, flavorless ingredient containing 0% of the psychoactive component THC. Known for its versatility, isolate is commonly used in the making of CBD-infused oils, topicals and other products.
Samson Extracts Advancing Hemp Market
“With the international hemp industry at a turning point, our commitment to delivering consistent quality products at competitive price points remains unwavering,” said Kyle Neathery, CEO of Samson Extracts, in a statement. “This launch represents a landmark achievement on our journey to broadening Samson’s low-cost product offerings, and would not be possible without the relationships we have built with our Southern cultivation partners. We are dedicated to advancing the global hemp market while upholding our Southern origins and look forward to expanding our hemp-derived offerings for partners worldwide.”
Samson scaled production in 2023 to meet the rapidly growing demand for hemp-derived cannabinoids, processing over one million pounds of biomass and earning its position as one of the nation’s largest hemp processors by biomass extraction volume. Leveraging a robust network of Southern farming partners, the company has nearly tripled biomass production in 2024 while remaining one of the lowest-cost hemp processors in the country, according to Samson.
