Governor Matt Bevin announced on Friday, December 14, 2018 that GenCanna Global USA, Inc., a hemp genetics and cannabidiol formulation company based in Winchester, will add a new facility in Graves County with a $40 million investment expected to create 80 full time jobs. Governor Bevin said Kentucky is quickly establishing itself at the forefront of the hemp industry, which has a tremendous upside potential in the commonwealth. The new location comes in response to the company’s fifth- and most successful- growing season. The 100,000-square-foot-facility will include drying, storage, extraction, and processing operations, and will boost the company’s capacity to 20 times the product grown to date. Construction is expected to begin in early 2019 and be complete later that year.
Kentucky Hemp Manufacturer to Expand with New Maysville Facility
CategoriesNews
Be the first to comment