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Open Book Extracts Raises $11.5M Series B Funding Round to Accelerate Global Growth

by Shari Barbanel | June 2, 2021

Open Book Extracts (OBX), a Roxboro, NC-based ingredient manufacturer and product development house for cannabinoid-enabled products, announced the close of an $11.5 million Series B equity financing round through its parent company Steady State. This round of funding, co-led by Nortecapital and KEY Investment Partners, is a resounding vote of confidence for OBX and its ...

NSF Brings Scientific Testing, Auditing and Certification to the Hemp and CBD Industry

by Shari Barbanel | September 24, 2019

NSF International has announced it is providing a wide variety of independent testing, verification, auditing and certification services to manufacturers of consumer products containing hemp and hemp-derived cannabidiol (CBD). NSF subsidiary Quality Assurance International, Inc. (QAI), a USDA (U.S. Department of Agriculture)-accredited organic certifier, began offering organic certification of hemp and hemp-derived CBD products last month. Hemp ...

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