PARIS, Ky., Dec. 10, 2019 (GLOBE NEWSWIRE) -- AgTech Scientific owns and operates a 2,000,000 sq. ft. state-of-the-art greenhouse and ag-processing center in Paris, Kentucky. The company propagated and planted over 7,000,000 clones on over 1,800 acres with local farmers in 2019. The company successfully harvested over 2,700,000 pounds of high-grade extraction-ready biomass. AgTech designed and built its own industrial scale drying, stripping and milling technology to support the 2019 Harvest.
Recently, the USDA proposed new regulations to govern the hemp industry. The AgTech Farming First program and ag-processing model is well poised to adapt to the new regulations. Further, AgTech Scientific has been working on ground-breaking clinical research with leading universities since 2017 in the areas of dosing, efficacy and delivery methods.
The company has recently finished the construction of its 50,000 sq. ft. extraction and manufacturing facility located in the Bourbon County Business Park. AgTech will be able to supply true Root to Shelf™ products from its 24-7 continuous production environments where the company also plans to achieve GMP and ISO certification in the near term.
Truist's Middle Market Banking Leader for Kentucky, Ohio and Indiana, Craig Carlson, commented, "We are honored to serve the agricultural community and its expansion into producing hemp. We are looking forward to a long and prosperous relationship with AgTech Scientific as they continue to execute their business plan."