What is LaurelCrest?
LaurelCrest operates as a prominent bulk CBD manufacturer based in McMinnville, Oregon. The company specializes in wholesale cannabinoid ingredients, terpenes, and finished goods, offering a comprehensive product line that includes distillates, isolates, water solubles, CBD gummies, tinctures, and custom formulations. Emphasizing compliance and quality, LaurelCrest provides third-party lab tested products and end-to-end solutions for cannabinoid companies. Their core mission is to advance the hemp industry through responsible practices and innovation, positioning them as a key player in the sector.
How much funding has LaurelCrest raised?
LaurelCrest has raised a total of $160K across 1 funding round:
Debt
$160K
Debt (2021): $160K with participation from PPP
Key Investors in LaurelCrest
PPP
Public-Private Partnership
What's next for LaurelCrest?
With its large-scale late-stage funding context, LaurelCrest is poised for significant growth and strategic development. The recent major strategic investment suggests a focus on scaling operations, expanding market reach, or potentially pursuing new product development initiatives. This capital infusion will likely enable the company to further solidify its leadership in the bulk CBD manufacturing space and capitalize on emerging opportunities within the evolving hemp industry.
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