extrakTALKS with Dr. Jon

Would you like to know your yearly operating costs using CO2 vs. Ethanol? What about what yield you will have from your hemp biomass? Good news! extraktLAB has a calculator for that! In this episode of extrakTalks, Dr. Jon and Randall discuss the launch of extraktLAB's Cannabis and Hemp Business Calculators library. Whether you're looking for a tincture dosage calculator, outdoor grow yield calculator or various manufacturing cost calculators - all are discussed in this week's podcast, Calculators Galore!

In this episode of extrakTALKS, Dr. Jon and Randall discuss everything you need to know about hemp processing facilities; where to start your business, what regulations you need to be aware of, inventory space, building requirements and much, much more. Tune in to find out the best advice to build, or improve, your own hemp facility.

In this episode of extrakTALKS, Dr. Jon and Randall Thompson sit down with Melvin Welch, attorney and legal expert in the hemp and cannabis industry, to discuss the legality of industrial hemp and CBD. They discuss a variety of topics that farmers, processors and consumers should know including testing, permits, the 2014 and 2018 Farm Bill and how they impact legal status of CBD manufacturing and end products today. Tune in to find out what you should know to be federally compliant and safe when it comes to hemp growing, processing and use in the United States.

In this episode of No Holds Barred, Dr. Jon and Randall Thompson have a rematch discussion on the topic of supercritical CO2 vs. ethanol as a hemp and cannabis extraction solvent. Dr. Jon still believes there is a clear winner when it comes to hemp processing and the solvent used. Listen now to find out which you should be using in your extraction process!

Testing, testing, 1,2,3! In this episode of extrakTalks, Dr. Jon and Randall Thompson dive into the secrets of testing in hemp processing. Whether you are a farmer (hemp), grower (marijuana), manufacturer, producer or consumer, you need to hear these secrets about testing in the cannabis and hemp extraction industry and how it affects you today!

When it comes down to any business, revenue is what matters. Without it, what’s the point of starting up at all? Of course, building a business is hard enough, but building revenue? That takes some serious consideration and practice no matter the industry. In the business of hemp processing, building revenue is equally critical to success. But, in such a competitive, growing industry, how do you ensure building revenue in your business? 

At extraktLAB, Dr. Jon and Randall Thompson know a thing or two about building revenue in the hemp processing industry. In fact, they each have five critical steps to ensure a profitable business is possible. 

Randall’s top five steps are to: 
1. Clearly identify your ideal client/customer, 
2. Being the authority, 
3. Inviting your client behind the scene, 
4. Expanding the definition of a “customer,” and 
5. Work really, REALLy hard. 

You'll have to listen to or watch the episode to learn Dr. Jon’s top five.

In this episode of extrakTALKS, Dr. Jon and Randall Thompson discuss the ins and outs of building revenue in your CBD and hemp processing business. Listen in to hear Dr. Jon's and Randall's top 5 secrets to building a profitable business and get the answers you need to create a successful hemp and cannabis extraction company from the start to finish.

It’s a simple, yet troubling question for any business: Where did all my money go? When it comes to starting, maintaining and growing a business in any industry, the term “operational excellence” should be forefront in your mind. But what does operational excellence, and why on earth should you care about it? All this and more is discussed in this episode of extrakTALKS.

If you’ve started a CBD extraction business and are wondering where the $#@! your money has gone, it may be wise to take a look around you. Unsold inventory and unprocessed materials is cash sitting on the shelves and letting more unprocessed or unsold goods and materials build up will only drive the problem further. This is where operational excellence is a practice worth implementing. Operational excellence tools allow you to apply manufacturing science to your manufacturing operation, and systematically, over time, reduce the amount of inventory that you have in your facility. This will add major dollars to your bottom line, it'll improve your cash flow, and also improve your cash conversion cycle. Well run organizations for many years have been using operational excellence tools to manage their businesses and the cash conversion cycle.

In this episode of extrakTALKS, Dr. Jon and Randall Thompson dive into the details of operational excellence and how you can implement it in your CBD extraction business. By practicing the methods discussed in this episode, you can ensure a profitable business venture in the hemp and CBD industry.

In this episode of extrakTALKS, Dr. Jon and Randall Thompson discuss Cannabis 101. Dr. Jon walks you through each part of the extraction process, then Randall & Dr. Jon take live questions and answer how to have the most effective, lean processing, extraction business. Listen now to learn about each part of the extraction process! If you would like to watch the presentation, to see what is being shown, go to our YouTube channel and watch this episode here: https://www.youtube.com/watch?v=ocO_Gmw2wXI.

In this episode of No Holds Barred, Dr. Jon and Randall Thompson discuss the topic of supercritical CO2 vs. ethanol as a hemp and cannabis extraction solvent. There are various solvents in the hemp and cannabis extraction industry, but If you ask Dr. Jon, there is a clear winner when it comes to hemp processing. Listen now to find out which you should be using in your extraction process!

This episode has Dr. Jon and Randall Thompson answering questions regarding farming, growing, processing, testing, and building a successful hemp extraction and processing business.

Schedule a FREE 20 min CBD Jam Session, to get your questions answered.