Kemin Industries Takes Equity Position in Wisconsin-based Hemp Materials, Cannabinoid Products Supplier Driftless Extracts
US companies partner to advance innovation and sustainability with organic, hemp-based solutions
Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80% of the world with its products and services, announced that the company has made a strategic investment in Driftless Extracts LLC, a United States Department of Agriculture (USDA)-certified organic hemp producer, processor and ingredient supplier based in Wisconsin.
Driftless Extracts has seen tremendous growth in recent years with increasing awareness and demand from consumers and businesses for hemp-based solutions. Kemin’s equity stake in Driftless Extracts brings the global company’s quality reputation and customer and industry expertise to the hemp producer and processor’s cultivation experience and portfolio of organic hemp-based ingredients.