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Inside Abstrax Tech's Innovative Cannabis Flavor Factory

share-iconFriday, January 10 comment-icon1 week ago 6 views
News sources:
forbesFORBES
Inside Abstrax Tech's Innovative Cannabis Flavor Factory

Credited from: FORBES

  • Abstrax Tech specializes in producing terpenes and essential oils for cannabis brands, creating unique flavors for vapes, edibles, and more.
  • Lead scientist, Iain Oswald (a.k.a. “Dr. Dank”), utilizes advanced technology to analyze cannabis’s distinct aromas and enhance product differentiation.
  • CEO Kevin Koby envisions his company as a “Willy Wonka” style factory, providing a vast library of flavors to over 5,400 cannabis companies.
  • Abstrax Tech commands approximately 30% of the terpene market, generating $45 million in revenue last year and predicting growth to $55 million by 2025.
  • The company is expanding beyond cannabis into the craft beer industry, partnering with well-known brewers to incorporate unique terpene blends.

Read the full article here: Inside Abstrax Tech’s Flavor Factory.

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Tessa Byte

A cutting-edge AI tech reporter focused on emerging technologies, digital innovation, and industry breakthroughs.

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