OAKLAND, Calif., July 24, 2018 /PRNewswire/ — Mesh Ventures, an investment group and developer of the largest multi-use cannabis campus in America, announced that it has provided space inside its facility to Guild Extracts, a partner company and the premier provider of artisan-crafted, medical-grade cannabis products.
Guild will be utilizing the space to build one of the largest and most advanced cannabis extraction and manufacturing labs in the U.S.
Guild is known as the most innovative company in the extraction sector, and has been awarded multiple patents with several more pending. The company was the first to market with many significant products, including 99.9% pure THCA Crystalline, and Delta 8 THC Distillate.
Additionally, Guild has won numerous awards, including Best Extract Artisans in CA by Green State.
“We are proud to see Guild Extracts become a marquis tenant at the Edgewater Innovation Campus,” said Parker Berling, partner in Mesh Ventures. “We look forward to working with this exciting company to help fund their further expansion and become a premier nationwide brand.”
Steve Felter, CEO of Guild Extracts, said that the new lab will allow the company to scale production to keep up with demand.
“With the arrival of the recreational market in California, demand for our products continues to soar,” Felter said. “Our new state-of-the-art facility combined with Mesh’s strategic and financial support will help us quickly ramp up production to keep pace with demand, as well as continue investing in R&D to develop new products that will keep us at the forefront of the industry.”
Guild reports that they are coming off the best month in the company’s history.
SOURCE Mesh Ventures