Folium Biosciences

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

Product Offering

Folium Biosciences
- Cannabidiol Market

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