HempCBD Investor Magazine Issue 2 - February 2020 | Page 60

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HCI: How does diversification benefit Elemental Pharma?

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EP: As previously stated, we are vertically integrated, allowing us to supply the best possible product at the lowest price. In the face of fierce competition, we are able to keep our costs low.

HCI: Does so many lines of business take focus away from your core business? Are there synergies?

Q

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EP: We started off selling pharmaceutical products before we vertically integrated, so in a way we have worked backwards. We first developed our distribution models, and later found that we could cut costs by vertically integrating.

HCI: You use supercritical CO2 extraction methods, what are the benefits versus other extraction methods?

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