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Folium Biosciences

Company Profile Analysis

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Folium Biosciences - Healthcare showcase

Year Founded & Workforce

2014

200 Employees

Industry

Healthcare

Services

Cannabidiol Market
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Folium Biosciences Overview

Company Headquarters: Colorado, US

Founded: 2014

Workforce: ~200

Company Working: Folium Biosciences is involved in the cultivation, manufacturing, and marketing of hemp-based ingredients and products. The company is one of the major suppliers of cannabinoid products in the business to business (B2B) segment. The company operates through two business segments, including bulk product and white label products. Under white label products, it offers products related to human wellness, active lifestyle, animal health, and cosmeceuticals. In addition, Folium Biosciences was the first hemp company to be issued a certificate of free sale and a manufactured food establishment license by the Colorado Department of Public Health and Environment. The company has a strong presence in the Americas and has a certified manufacturing facility in Colorado.

Strategy

The main goal of Folium Biosciences is to support people's quality of life on a global scale. It focuses on meeting customer demand and provide high-quality products. For this, the company is following the goods manufacturing practices (GMP). Moreover, it has a transparent batch database for manufactured lots in the public domain. Additionally, it also focuses on providing CBD products to the US and several other nations for revenue generation.

Company Snapshot

200

Employees

2014

Founded

Colorado, US

Headquarters

SWOT Analysis

Strengths

  • Innovative approach for product development
  • GMP-certified facilities
  • Strong product portfolio

Weaknesses

  • High dependency on third party vendors
  • Lack of stability in financial performance

Opportunities

  • Expansion in new business markets
  • Mergers & acquisitions to gain strategic advantage

Threats

  • Fluctuating economy and changes in foreign market policies
  • Deviation in legel aspects of healthcare

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Product Offering

  • Folium Biosciences
    • Cannabidiol Market

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