EcoGen Laboratories, a large hemp growing and processing company based in Grand Junction, has been bought by Kadenwood, LLC, a California based consumer packaged goods company focused on CBD. Kadenwood has appointed its Chief Commercial Officer, Garrett Bain, and VP and General Manager, Jason Waggoner, to EcoGen’s executive team and they have relocated to Grand Junction.
EcoGen Laboratories faced struggles earlier this year in part due to the COVID-19 pandemic. The company received relief via the Payroll Protection Program, yet was forced to layoff over 100 employees a few months ago. Read the full story in The Daily Sentinel.