Hemp: The Risk Reward Paradox
Allen Witters, Founder, CEO, and Managing Director of Gravitas Infinitum and Gravitas Kannavis
With the unique challenges in processing large-scale plant biomass, especially hemp biomass., there is a paradox in the industry. In order to achieve "truly efficient and efficacious" processing, (aka “outputs of high purity and availability”) post-harvest handling and process facilities are an essential and often neglected part of the supply chain. But because the hemp industry is still young and growing, many new operators lack suitable equipment, infrastructure, and systems to process and deliver quality products. Whether processing hemp for industrial use or for CBD and nutrient extraction, there is a need to deploy state-of-the-art equipment and use the highest-quality processing standards. This can be a costly and high risk proposition for new operators. Let’s explore some solutions together.
Allen Witters is Founder and Senior Director of Gravitas Infinitum. Over his 35-year career, Allen has helped shape modern business by founding and operating several leading services, manufacturing and technology companies. He is a former and current Advisor to clients that include the US Navy, the NSA, the Department of Defense, GSA, US Air Force, US Marine Corp, Department of Energy, Whirlpool, Rockwell International, Litton Industries, 3M, GM, TRW, Sony, HP, Hitachi, and the Governments of Belgium and Germany. Allen has led private and public companies from startup to multibillion-dollar businesses representing diverse industries with operations and distribution in domestic and international markets. He has managed operations and staffs in 88 countries that serviced 135 countries around the globe, including Japan, China, South America, Europe, Middle East and the Soviet Republic. He has led multiple corporate development transactions, financings and purchase agreements ranging in value from $1 million to $9.6 billion, and managed several post-acquisition business transitions and integration initiatives.