Fort Lauderdale, FL, Dec. 12, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- PRESS RELEASE -- Veritas Farms, Inc., a vertically integrated agribusiness focused on the production of full spectrum hemp oil products with naturally occurring cannabinoids, has announced that it has signed a lease for a 34,000-square-foot product production and distribution facility in Aurora, Colo.
The new facility is located inside the Majestic Commercenter, a 1,500-acre master planned business park located just five miles from Denver International Airport, and will be used for production, warehousing, ecommerce fulfillment and commercial distribution of Veritas Farms' ingestible and topical product lines. The facility will also house additional office and meeting space for the company.
“This new facility represents an important part of our overall growth strategy moving into 2020,” explained Veritas Farms CEO Alexander Salgado. “When we move in, we will be joining the likes of Amazon, Crate and Barrel, Airbus and other leading corporations in the business park, and the site’s convenient location near the Denver International Airport makes it an important step in the continuation of our overall growth strategy, which focuses on expanding our vertically integrated operations to meet rapidly rising consumer demand.”
Veritas Farms will begin buildout work on the property as soon as possible and hopes to move into the new facility by the end of First Quarter 2020. The expansion of operations follows aggressive customer acquisition campaigns undertaken by the company, which management believes will support increasing sales during 2020.
