Louisville, KY--Cornbread Hemp, a leading CBD brand in the United States, announced the successful completion of their seed fundraising round and the acquisition of their processing and manufacturing partner, enabling the company to become vertically integrated.
[Image via Cornbread Hemp®]
Founded in 2019, the Kentucky-based firm has experienced rapid growth, with over $20 million in projected revenue for 2023, primarily driven by their popular CBD gummies.
Eric Zipperle, Cornbread Hemp's co-founder and CEO, attributes the company's growth to their industry-leading standards, as per a report.
Customers who become more knowledgeable about CBD demand high-quality, USDA organic, full-spectrum products and transparent information about their origins.
By acquiring their hemp processor, Cornbread Hemp gains complete control over their supply chain, making them one of the few vertically integrated CBD brands in the U.S.
Co-founder Jim Higdon believes this move brings them closer to their vision of setting the gold standard for hemp and cannabis, ensuring customer trust in the safety and quality of their products.
Over 50,000 American households have embraced Cornbread Hemp's premium offerings as a trusted resource for self-care and wellness needs.
Learn more in the report.