EUREKA, CA—JUNE 9, 2017—P&B Labs Humboldt, the manufacturing affiliate of Papa & Barkley California (P&B), a science-focused creator of highly effective medical-cannabis wellness products, was issued a cannabis manufacturing license by the City of Eureka in Humboldt County, California.
P&B will expand the operation of its Eureka manufacturing facility from R&D to non-volatile manufacturing to produce the solvent-free, all-natural oils, and cannabis rosin used to create P&B’s award-winning topicals, tinctures, and transdermal patches.
P&B Labs will also produce for its B2B wholesale line, high-quality, solvent free oil, and rosin to partner with companies seeking pure cannabinoids for infusion into edibles and other wellness products. P&B Labs can now help infused product manufacturers ensure that they are fully compliant under applicable current and future medical cannabis laws and regulations.
“We are grateful to the City of Eureka for awarding us its first-ever manufacturing license to safely produce whole-plant infusions and extractions,” said Guy Rocourt, chief product officer and co-founder of P&B. “Our company was founded on the principle of caring for the ones we love. This license will help us achieve our goal of providing our patients with the purest cannabis-based medicine and most impactful products we can make, to help people manage their pain and improve their lives.”
“Papa & Barkley represents the professionalism and compliance required by both the City of Eureka and state licensing authorities to license an approved cannabis facility. This company produces research, and employs quality medicinal extraction processes and products,” said Eureka City Councilmember Heidi Messner.
P&B Labs uses proprietary solvent-free processes to create whole plant infusions that capture full plant profiles in a pure and effective manner. The company will create the highest quality medicinal products from the purest local flowers grown by second- and third-generation Eureka and Humboldt County farmers.
P&B Co-founder and CEO Adam Grossman added: “We are committed to unlocking the medicinal potential of this amazing plant. We feel fortunate to base our operations in Eureka, which we believe is the Napa Valley of cannabis. We get to partner with some of the world’s best growers and source the finest outdoor flowers. We add value with our contribution of science and product knowledge, to create our award-winning products. We are thrilled to be a part of this community.”
According to a recent report by Arcview Market Research, US and Canadian cannabis sales increased by 30% in 2016 to $6.7 billion. North American sales are estimated to reach $20 billion by 2021. Revenues generated by the cannabis industry in Eureka in 2017 may comprise over 25 percent of Eureka’s economy, generating approximately $415 million in annual sales, according to Jennifer Budwig from Redwood Capital Bank in Eureka.
Source: Cannabis Business Times