Smells Like Business

#5 - How To Build a CBD Extraction Company From Scratch - Craig Henderson from Extract Labs


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On this episode Tom is having a chat with Craig Henderson, the CEO of Extract Labs. After getting fired from his full-time job, Craig decided to take his career into his own hands and opened a CBD extraction company in Colorado. Craig talks about the hardship of starting a company and how his need to help people helped him grow his business from a one-man show in his garage to a multi-million dollar company.

Other topics discussed:

  • How did Craig end up working with cannabis?
  • What did Craig learn from working with various cbd start-ups?
  • How was it to transition from the military, to having a job, to being your own boss?
  • How did the business grow so fast?
  • Why does Extract Labs keep everything in-house?
  • What were the biggest challenges Craig faced when starting a business?
  • How important is it to have a mission when starting a company?
  • What is white labelling and is it a good way to enter the cannabis industry?
  • What is the difference between broad spectrum CBD, full spectrum CBD and CBD isolate?
  • Why did Extract Labs enter the European cannabis market?
  • Europe vs North America - what are the differences in the CBD market?
  • Does it pay off to start a cannabis business during risky times?

Links:
Smells Like Business - Copywriting
LinkedIn - Smells Like Business
Instagram - @smellslikebusiness

Extract Labs
LinkedIn - Extract Labs
Facebook - Extract Labs
Youtube- Extract Labs
Instagram - @extractlabs

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#14 - How I Opened the First CBD Store in the UK - Joe Oliver from LDN CBD
#20 - Bridging the Gap From Bong to Boardroom - Brett Puffenbarger from Vanguard Scientific | CHRISTMAS SPECIAL
#32 - Should You Start Selling CBD Oil in Europe?

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Smells Like BusinessBy Tom Pettit

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