CBD in Kentucky

https://www.venturenashville.com/venture-notes—january-25-2021-cms-2061

Venture Notes – January 25, 2021 | by Milt Capps

Tony Notargiacomo, a serial innovator and entrepreneur¬†previously known for his hospitality and motion-picture plays (the latter including¬†Dallas Buyers Club), is raising money to advance his new production facility, which is slated to come online later this year at Franklin, Ky.¬†His XYZ CBD Group Inc. recently filed for a $1.35MM raise. The company’s website says it is working with Kentucky Department of Agriculture as it develops “hemp farming operations that will provide the raw botanical material needed to produce purified CBD, including training Kentucky farmers to transition to commercial cultivation of hemp. We are also in Phase I of building an extraction and processing plant with the objective of becoming one of the world’s major producers of purified CBD.”