GRAND JUNCTION, Colo., March 31, 2020 /PRNewswire/ -- EcoGen Laboratories ("EcoGen"), the leading vertically-integrated manufacturer and supplier of high-quality hemp genetics, hemp-derived specialty ingredients and finished products in North America, today introduced the EcoGen Buyback Program through which EcoGen will buy back harvested hemp crops at fair market value from farmers who purchase seeds from the company.
During this important planting season amid the COVID-19 pandemic, EcoGen will aid hemp farmers by providing competitively priced feminized seeds validated through genetic, germination and stability testing. Following final harvest, EcoGen would arrange to purchase back from farmers any unsold hemp biomass grown from the seeds bought from EcoGen that meet the company's standards and arrange for shipping back to the facility for processing.
"We understand the needs of our customers and have so much confidence in our seeds that we plan to stand behind our products all the way from planting to harvest," said Alexis Korybut, Co-Founder and CEO of EcoGen. "Hemp is new to many farmers and certain market variables continue to be unknown. Adding a layer of financial certainty for farmers can be invaluable during these trying times and something we are honored to be able to do through the EcoGen Buyback Program."
"Our mission is to support farmers around the world," added Joseph Nunez, Co-Founder and President of EcoGen. "That's why we want to do our part to help farmers during this COVID-19 pandemic through our buyback program. Planting season is here and we can lend aid to hemp farmers to ensure they have a successful season."
About EcoGen Laboratories EcoGen Laboratories ("EcoGen") is the leading vertically-integrated manufacturer and supplier of hemp-derived specialty ingredients in North America. Using proprietary equipment, processes, and formulations, EcoGen has developed a broad range of the highest quality ingredients and customized formulations for a broad range of industries. Founded in 2016, EcoGen is the first seed-to-sale CBD manufacturer, known for manufacturing the purest CBD raw materials and finished products. The company is also a leader in international distribution with CBD isolate, water-soluble CBD (Nano), and THC-free CBD distillate. As the leader in hemp genetics, EcoGen promotes sustainable agriculture, using its proprietary processing and extraction technology to ensure the highest quality products at the lowest price making cannabinoids more accessible to the world.
For more information about the company, visit https://ecogenlabs.com/ and on social media Facebook, Instagram, Twitter, and LinkedIn.