Uploaded June 2021 | Updated September 2026, 1 week ago
Foundations For Success: Creating a successful business in the booming hemp and cannabis extraction industry is no simple task. There are a plethora of variables that need to be considered in order to ensure your operations are safe, efficient and profitable. Above all, you need to know and provide value to your customer in forms of education, cost, experience and more. Without this firmly established, along with other critical factors, it may be incredibly difficult to be certain of a successful business. In this episode of extrakTALKS, Dr. Jon and Randall Thompson lay out their foundations for success. extraktLAB has put hundreds of successful operations in the business of hemp or cannabis extraction and have a wealth of knowledge to share. This episode will dive into the success factors that Dr. Jon has implemented to make extraktLAB an industry leader in this incredible industry.
To learn more, visit our website: extraktlab.com
We have tons of useful information in our No Holds Barred playlist youtube.com/playlist?list=PLQX9clbTgskpmjbiHCtAY9Y_zti3hvrtH
Are you stuck in your business, need a solution? Schedule a free jam Session to get you the solution you need:
extraktlab.com/jamsession
Visit our blog for other important resources at extraktlab.com/blogDownload our Distillation Guide to learn the ins and outs of all things distillation:
extraktlab.com/wiped-film-distillation-guide
Watch as Dr. Jon gives a Live Tour of 5 Ton/Day Processing Facility:
extraktlab.com/live-tour
Here is a link to a FREE Advanced guide to extraction:
extraktlab.com/advanced-extraction-guide
Have a recommendation for a future Q+A?
Leave a suggestion in a comment below!
Social handles:
Instagram: instagram.com/extrakt_lab
Twitter: twitter.com/ExtraktLAB
Facebook: facebook.com/extraktlab
LinkedIn: linkedin.com/company/ExtraktLAB
YouTube: youtube.com/channel/UC0E5-zzkQnXVjbr9-lSPDmw
Thanks for watching our Foundations For Success video. If you have any suggestions or recommendations for future videos leave a comment down below!
Timestamps:
[00:00] - Foundations For Success
[03:00] - Free Resources - extraktlab.com/resources
[03:23] - Help Customers Meet Their Needs
[03:50] - Educate On The Process
[04:20] - Reduce Confusion
[05:32] - Clarify Consultants
[07:00] - Cost of Running
[07:42] - Quality of Equipment
[08:56] - GMP Compliance of Business
[10:00] - Experience In The Industry
[11:20] - Put Hundreds Into Business
[12:22] - extraktLAB's Unique Three
[14:40] - High Throughput Drives Low Cost
[16:25] - 1st Gen Co2 Extraction Equipment
[17:04] - Our Experience With Ethanol Extraction Equipment
[18:00] - Lowest Cost Offering: Co2 Extraction VS Ethanol Extraction
[25:00] - Post Extraction Solutions For Ethanol
[26:48] - Preview of Part 02
#foundationsforsuccess #extraktlab #fullsolution
supercritical co2 extraction
Foundations For Success: Creating a successful business in the booming hemp and cannabis extraction industry is no simple task. There are a plethora of variables that need to be considered in order to ensure your operations are safe, efficient and profitable. Above all, you need to know and provide value to your customer in forms of education, cost, experience and more. Without this firmly established, along with other critical factors, it may be incredibly difficult to be certain of a successful business. In this episode of extrakTALKS, Dr. Jon and Randall Thompson lay out their foundations for success. extraktLAB has put hundreds of successful operations in the business of hemp or cannabis extraction and have a wealth of knowledge to share. This episode will dive into the success factors that Dr. Jon has implemented to make extraktLAB an industry leader in this incredible industry.
To learn more, visit our website: extraktlab.com
We have tons of useful information in our No Holds Barred playlist youtube.com/playlist?list=PLQX9clbTgskpmjbiHCtAY9Y_zti3hvrtH
Are you stuck in your business, need a solution? Schedule a free jam Session to get you the solution you need:
extraktlab.com/jamsession
Visit our blog for other important resources at extraktlab.com/blogDownload our Distillation Guide to learn the ins and outs of all things distillation:
extraktlab.com/wiped-film-distillation-guide
Watch as Dr. Jon gives a Live Tour of 5 Ton/Day Processing Facility:
extraktlab.com/live-tour
Here is a link to a FREE Advanced guide to extraction:
extraktlab.com/advanced-extraction-guide
Have a recommendation for a future Q+A?
Leave a suggestion in a comment below!
Social handles:
Instagram: instagram.com/extrakt_lab
Twitter: twitter.com/ExtraktLAB
Facebook: facebook.com/extraktlab
LinkedIn: linkedin.com/company/ExtraktLAB
YouTube: youtube.com/channel/UC0E5-zzkQnXVjbr9-lSPDmw
Thanks for watching our Foundations For Success video. If you have any suggestions or recommendations for future videos leave a comment down below!
Timestamps:
[00:00] - Foundations For Success
[03:00] - Free Resources - extraktlab.com/resources
[03:23] - Help Customers Meet Their Needs
[03:50] - Educate On The Process
[04:20] - Reduce Confusion
[05:32] - Clarify Consultants
[07:00] - Cost of Running
[07:42] - Quality of Equipment
[08:56] - GMP Compliance of Business
[10:00] - Experience In The Industry
[11:20] - Put Hundreds Into Business
[12:22] - extraktLAB's Unique Three
[14:40] - High Throughput Drives Low Cost
[16:25] - 1st Gen Co2 Extraction Equipment
[17:04] - Our Experience With Ethanol Extraction Equipment
[18:00] - Lowest Cost Offering: Co2 Extraction VS Ethanol Extraction
[25:00] - Post Extraction Solutions For Ethanol
[26:48] - Preview of Part 02
#foundationsforsuccess #extraktlab #fullsolution
supercritical co2 extraction





![No Holds Barred!: Full Spectrum Vs Broad Spectrum
Product formulations are a critical part of the CBD extraction process, but sometimes it can get complicated. What is full spectrum distillate? How is it any different from broad spectrum distillate? And what about CBD isolate? All of these formulations have their place in the CBD industry and it is important to know what product is the best for each individual in order to create a profitable extraction business. Depending on the individual user, full spectrum, broad spectrum or CBD isolate can have different effects, and may affect that userβs preference when choosing a product. Where full spectrum may be considered the best option for someone looking to take advantage of The entourage effect with terpenes and a full range of cannabinoids working together to create compounded effects, CBD isolate may be the best choice for someone looking for the lone benefits of just cannabidiol. Lying somewhere in the middle lies broad spectrum which may contain specific cannabinoids and terpenes without delta 9 in any quantity. All of these formulations are beneficial to some, and detrimental to others making it important to distinguish each in your own production. In this episode of extrakTALKS, Dr. Jon and Randall Thompson go into full detail about these topics including how to formulate, the legality, and the personal risks and benefits of each. Listen up and learn how to implement these formulations to your own extraction business and see just how vital full, broad and isolate formulations are in the CBD market.
To learn more, visit our website: www.extraktlab.com
We have tons of useful information in our No Holds Barred playlist https://www.youtube.com/watch?v=5JBgz...
Are you stuck in your business, need a solution? Schedule a free jam Session to get you the solution you need:
https://extraktlab.com/jamsession/
Visit our blog for other important resources at https://extraktlab.com/blogDownload our Distillation Guide to learn the ins and outs of all things distillation:
https://extraktlab.com/wiped-film-distillation-guide/
Watch as Dr. Jon gives a Live Tour of 5 Ton/Day Hemp Processing Facility:
https://extraktlab.com/live-tour
Here is a link to a FREE Advanced guide to extraction:
https://extraktlab.com/advanced-extraction-guide/
Have a recommendation for a future Q+A?
Leave a suggestion in a comment below!
Social handles:
Instagram: instagram.com/extrakt_lab
Twitter: twitter.com/ExtraktLAB
Facebook: facebook.com/extraktlab
LinkedIn: linkedin.com/company/ExtraktLAB
YouTube: youtube.com/c/ExtraktLAB
Time Stamps:
[00:00] - Welcome
[05:07] - Primer Full Spectrum, Broad Spectrum , Isolate
[06:50] - Brands of United Science
[07:28] - Bulk Products from Hemp
[10:05] - Progression of products
[11:13] - Close up of Hemp Flower
[12:26] - Biomass Composition
[13:07] - Hemp and Botanical Processing
[13:45] - Crude Oil
[14:58] - Soupy Collection of Crude Oil
[16:02] - Crude Composition
[17:54] - Distillate
[18:59] - Distillate Composition
[20:04] - Isolate
[20:49] - Isolate Composition
[22:14] - Broad Spectrum
[22:22] - Broad Spectrum Composition
[23:19] - Full Spectrum Vs Broad Spectrum, Vs Engineered Spectrum
[26:54] - In Full Spectrum THC Non-Detect What is the Average Percentage?
[27:44] - Example of an Engineered Spectrum?
[32:15] - Pros and Cons for Bulk Products
[35:14] - Taste Testing Different Products
[42:03] - Growing Population of CBD Users
[47:18] - Formulations
[47:40] - What is the Entourage Effect?
[48:47] - Pharmacodynamics
[57:36] - Terpenes and Cannabinoids That Work Synergistically
[58:33] - Main Terpenes Found
[01:00:20] - Dr. Jons Entourage Effect Comparison
[01:06:31] - Final Words
Thanks for watching our Full vs Broad Spectrum video. If you have any suggestions or recommendations for future videos leave a comment down below! No Holds Barred!: Full Spectrum Vs Broad Spectrum](https://i.ytimg.com/vi/yN6AMSIxx8g/mqdefault.jpg)

![Top 5 Things Investors Need to Know About CBD Processing
When it comes to CBD processing and the hemp extraction industry, investors have become increasingly interested in their involvement. With the CBD industry projected to grow by the billions within the next few decades, the potential for monetary gain as an investor in this industry is a promising prospect. Of course, as with any investment, there are a number of considerations to keep mind of before diving into the CBD processing industry.
With the booming of the CBD industry in recent years, profits are ever-increasing for extraction businesses. Of course, this often draws in partnerships and profitable investment opportunities, but also creates its own set of concerns that are necessary for an ideal business venture. Whether you are new to the industry, or an CBD extraction veteran, would you know the most important considerations before investing?
In this episode of extrakTALKS, Dr. Jon and Randall Thompson discuss five important considerations for any investor interested in investing in the CBD industry. Some of these considerations discussed are: Where is the CBD industry headed? What are the potential risks involved in investing? Necessary information to maximize operating profits, objectives necessary to improve top line revenue, and scale up strategies for hemp startups and operating businesses. By implementing these five factors, your chances of success are exponentially increased - listen up in this episode of extrakTALKS to find out how.
To learn more, visit our website: http://www.extraktlab.com
We have tons of useful information in our No Holds Barred playlist https://www.youtube.com/watch?v=5JBgz...
Are you stuck in your business, need a solution? Schedule a free jam Session to get you the solution you need:
https://extraktlab.com/jamsession/
Visit our blog for other important resources at https://extraktlab.com/blogDownload our Distillation Guide to learn the ins and outs of all things distillation:
https://extraktlab.com/wiped-film-distillation-guide/
Watch as Dr. Jon gives a Live Tour of 5 Ton/Day Hemp Processing Facility:
https://extraktlab.com/live-tour
Here is a link to a FREE Advanced guide to extraction:
https://extraktlab.com/advanced-extraction-guide/
Have a recommendation for a future Q+A?
Leave a suggestion in a comment below!
Social handles:
Instagram: instagram.com/extrakt_lab
Twitter: twitter.com/ExtraktLAB
Facebook: facebook.com/extraktlab
LinkedIn: linkedin.com/company/ExtraktLAB
YouTube: youtube.com/c/ExtraktLAB
Time Stamps:
[00:00] - Welcome
[05:00] - Give Away winner
[07:33] - The investors perspective
[08:55] - Randys Top 5
[09:45] - Dr. Jons Top 5
[11:50] - Operational Excellence - https://youtu.be/NXBGHQiDWZU
[12:17] - Randys #1 Is this a growth opportunity
[17:24] - Where is that opportunity headed?
[19:55] - Dr. Jons #1 botanical and hemp are different markets with different risk factors
[24:40] - Having the wrong team
[26:11] - Tell me an example of a risk overlooked
[30:42] - Randys #2 Facility Intelligence
[31:23] - Make sure you have a good Proforma
[33:14] - Have dry powder and dont spend every dime
[34:09] - Proforma Simplified
[35:27] - Understand what the sales plan is
[37:34] - Improve Topline Revenue
[38:08] - Positioning and branding
[41:16] - Jons Improve and grow your topline revenue
[42:23] - Jons rule of two
[44:26] - Pricing over time
[45:20] - Loans for potential processors
[48:47] - Operational excellence is key to profitability and growth management
[52:38] - Final Words
[54:41] - Walk through on the Rule of Two
Thanks for watching our Top 5 Things Investors Need to Know About CBD Processing video. If you have any suggestions or recommendations for future videos leave a comment down below! Top 5 Things Investors Need to Know About CBD Processing](https://i.ytimg.com/vi/zb6DYpFNf7o/mqdefault.jpg)
