The CBD industry has grown
extensively over the past few years. This can be partially credited to the
developments and widespread acceptance of hemp and CBD-based products. A
multitude of new companies have emerged recently, contributing to the growing popularity
of the industry.
Among the most notable of
these companies is Socati, a prominent name
within this sector that currently operates out
of its headquarters in Austin, Texas. Furthering the innovation of CBD and CBG
products, Socati is known for producing a broad-spectrum hemp extract supplied
as a raw material to manufacturers.
The company has recently received an incredible amount of support,
gaining attention from investors looking to profit from the booming industry.
Raising over $42 million to date from two funding campaigns, it has been experiencing
upward growth since it started business in 2018.
Socati functions primarily to
support the work in which hemp and CBD
companies across the country are engaged. By supplying raw materials to brands
looking to make unique cannabinoid products, the company has fulfilled the growing
demand through effective extraction processes.
The Socati team is known for
developing and using a proprietary process, resulting in an incredibly precise
broad-spectrum hemp extract that can be used as an ingredient in a variety of
products. The quality of the extract produced from this process is also incredibly
high, which has led to a lot of positive
recognition for the company.
Products
The products offered by Socati take the form of raw materials and are available to companies that manufacture hemp, CBG, and CBD products. The company’s newly developed water-soluble CBD is a powder-based substance containing a stipulated amount of CBD.
The
creation of water-soluble CBD was a huge leap for the entire industry
because no other brand had ever achieved the same
results. Before this product made its debut, most of the CBD-based raw
materials available on the market were provided in liquid or solid forms,
making it more difficult to integrate them seamlessly
into most products.
This new innovation from
Socati made it possible for brands to integrate CBD into a much wider range of
products, opening up new markets and expanding
potential for businesses across the entire industry.
The second product offered by the company is its original broad-spectrum CBD oil, which contains a highly potent amount of CBD. This oil is formulated and refined to fulfill the highest purity standards.
Manufacturers looking to use
CBD oil in their products can achieve the best results with Socati’s recent
developments. With some of the highest quality
available on the market today, these products have consistently met the
high standards of the customer base that enjoys them.