Raising over $40 million in private capital within the last few months, Socati has provided game-changing advancements in the cannabinoid ingredient industry. Recently, the company announced its new ability to customize profiles for hemp-derived products, a process enabled by its new chromatographic technology.
The hemp-based market is projected to reach an all-time high, hitting the $22 billion mark in the next three years. Socati, a hemp-extract manufacturer, has been bracing for this by investing in new technologies to allow large-scale manufacturing and setting up logistics to boost production. All this is to satisfy the increasing demand for hemp extract.
Hemp contains over 100 diverse compounds known as cannabinoids. THC and CBD are the most prevalent compounds, and many of the others appear in significantly lower levels in the hemp plant. CBD is the best known non-psychoactive cannabinoid in the plant. Water-soluble CBD has been proven to help with multiple health-related conditions. Some of the other minor cannabinoids show massive potential for the formulation of health and wellness products.
The company recently debuted two groundbreaking products. Its broad spectrum oil is an oil-based extract that contains a robust minor cannabinoid presence. The other product is a flavorless, soluble ingredient with high levels of small cannabinoid content and unique formulation opportunities. Both products contain non-detectable traces of THC and a minimum of 80 percent water-soluble CBD.
Consumers are continually looking to get their hands on more personalized products. The rising demand is pushing manufacturers to seek ways to increase their supplies. Socati’s proprietary technology produces extracts that behave just like normal food ingredients, allowing consumer packaged goods (CPG) manufacturers to address these demands. The technology enables them to serve a wide range of consumers.
Socati’s advanced technology allows it to separate minor cannabinoids and provide custom blends of cannabinoid profiles consistent with the manufacturer’s specifications. Looking to the future, Socati plans to launch a broad spectrum of hemp-based ingredient products containing adjustable levels of minor cannabinoids such as cannabinol (CBN).
The company recently acquired Blue Marble, a food quality processing facility based in Montana. The facility meets the standards set by the Global Food Safety Initiative (GFSI). This ensures that all products are crafted with the highest level of quality standards and improved taste and texture. Socati’s products contain non-detectable levels of THC and are free from harmful chemicals and purity-compromising residual solvents.
Hemp-based food and beverage products have garnered massive popularity among consumers in the recent past, and consumers are becoming more aware of the properties of specific cannabinoids. They are now seeking new products to satisfy their individual needs.
“Hemp-derived cannabinoids show tremendous potential to help consumers in myriad ways. Producing ingredients that meet the standards for quality, purity, and customization that manufacturers have come to expect from all the ingredient providers will help unleash that potential,” says Josh Epstein, Socati CEO.