Loveland-area business briefs: Colorado Green Films Technology – Loveland Reporter-Herald
Loveland CBD company begins sanitizer production
A Loveland CBD manufacturer prepared the first shipment last week of its latest product: hand sanitizer with a touch of CBD.
Colorado Green Films Technology has begun creating a hand sanitizer to offer for free to essential employees, who have no choice but to work during the COVID-19 crisis.
Rich Crawford / Colorado Green Films Technology
Colorado Green Films Technology, a CBD manufacturing company, has shifted its efforts toward hand sanitizer. The company began donating to local businesses such as dispensaries and liquor stores on March 26.
The company also plans to sell the 4- and 8-ounce bottles to retailers, asking for the retail price to remain low.
Rich Crawford, co-founder and CEO of Colorado Green Films Technology, wants to provide essential workers, such as dispensary employees working curbside exchanges, with sanitizer because “there’s such a big shortage out there.”
Donations will start near the company’s base in Loveland and extend to Northern Colorado and Boulder Valley communities.
Though donating to local businesses is a priority, the sanitizers will eventually be commercialized. Company co-founder David Currie and Crawford are selling the sanitizers for $6 and $10, asking retailers to “not price gouge.”
Colorado Green Films Technology manufactures locally sourced private and white-label CBD, wholesale CBD and bulk hemp processing and will continue those operations. The company sells its topical products on its sister site coloradocarebydesign.com.
The sanitizers are a temporary product that will continue while Colorado grapples with the pandemic.
The team of four, including Currie and Crawford, believe that they can yield 800 to 1,000 bottles a day, provided that materials are available.
Scott Birmingham, CEO of Mead’s Boulder Scientific Co., and Brad Stone, CEO of Timnath-based Bold Ideas (doing business as Bold Xtracts), aided Colorado Green Films Technology’s project.
Along with other state businesses, they donated raw materials and packaging for the sanitizers.
The sanitizers consist of isopropyl alcohol, vegetable glycerin, certified organic lemon extract for scent and a small amount of CBD dissolute. Crawford said the CBD is mostly for brand recognition, not topical benefits.
People
• The Platte River Power Authority board of directors elected Fort Collins Mayor Wade Troxell to serve as chairman on Thursday. He will take over the position from Estes Park Mayor Todd Jirsa. The board also elected Longmont’s executive director of electric services David Hornbacher as vice chairman.
Send us your business news
The Reporter-Herald strives to include newsworthy business briefs for its readers each Sunday. The focus of business briefs is on Northern Colorado businesses, not business promotions.
The items we consider for briefs include:
• New businesses.
• Business relocations.
• Business closings.
• New contracts.
• Anniversaries (divisible by five).
• Mergers and acquisitions.
• New owners, employees or promotions of employees.
• Manufacture of new products.
• Business organization meetings, workshops, seminars or classes meant for networking or education.
• Open houses related to newsworthy events (new business, anniversary, new owners, renovations, new management, etc.).
• Awards or other recognition.
• Donations to charities.
• Earnings.
Press releases are welcome. The Reporter-Herald reserves the right to edit information submitted for publication. Pictures of individuals involved in the event are welcome, but publication is not guaranteed.
Information is due by noon Wednesday for publication in the following Sunday’s business section. Information can be emailed to news@reporter-herald.com. For more information, contact Craig Young, 970-635-3634, cyoung@reporter-herald.com.
© 2020 BizWest Media LLC and Loveland Reporter-Herald
