A research center at Colorado State University has received a $1.5 million donation from a Golden-based company that produces CBD products, according to a La Junta Tribune-Democrat report.
The donation will be used to fund research, cover operating costs and purchase equipment, according to the news outlet.
The research center is dedicated to studying the chemical compounds in hemp, and will allow faculty, as well as undergraduate and graduate students, to study the formulation of cannabinoids, separation efficiencies, efficacy testing and more, the La Junta Tribune-Democrat reported.
Researchers at the facility plan to work in partnership with Panacea Life Sciences, a company founded by a university alumna that manufactures CBD products, according to the news outlet.
The research center will be located in the College of Natural Sciences on the university’s Fort Collins campus, and is expected to open this spring.
