Startups want to biosynthesize CBD

Startups are competing to use biosynthesis to produce the cannabinoids found in different strains of cannabis.
Why it matters: The market for various types of CBD — a non-psychoactive component in cannabis — for medical and nutraceutical purposes is growing rapidly, and biosynthesis promises a cheaper and more controllable method of production than growing plants.
By the numbers: According to a recent research note from Raymond James, the present size of the global cannabinoid biosynthesis market opportunity is around $40 billion.
A number of startups are moving into the biosynthesized cannabinoid space, which Raymond James analyst Rahul Sarugaser has written is “synthetic biology’s next killer app.”Background: The conventional method of obtaining cannabinoids like CBD involves cultivating cannabis plants that contain the strain wanted, and then extracting the desired chemicals.
Because some of the most in-demand cannabinoids occur in very low concentrations in nature, a lot of plant matter is needed, which means production costs can be higher than $50,000/kg.Growing cannabis can be “backbreaking work,” notes Dennis O’Neill, the chief investment officer of the biosynthesis startup Biomedican, and regulatory issues mean that whole cannabis crops need to be destroyed if levels of THC — the psychoactive ingredient in marijuana — are too high.How it works: In biosynthesis, microbes like yeast and bacteria are engineered to produce large quantities of a single cannabinoid in a fermentation process that works similarly to beer brewing.
As a result, biosynthesis companies will be able to produce expensive cannabinoids at a much lower price and without fears of contamination.”We can harvest every day, as opposed to a plant that requires 55 days to grow,” says O’Neill.Flashback: A number of the companies involved in biosynthesis got their start years ago trying to use a similar process to produce advanced biofuels.
Those efforts never really bore fruit, in large part because it was far too difficult to compete on price with cheap oil.That looks to be less of a problem with expensive cannabinoids.What to watch: Whether biosynthesis companies are able to successfully move from demo-scale efforts, like the one announced last week by Berkeley-based Demetrix, to full-scale production.

Originally Published on 2020 09 12 by | “cbd” – Google News

Thank you for joining us today for our latest news post. If you have any questions or comments about this post, we’d love to hear from you in the comments! Join the newsletter to stay up to date on the latest Industry News and keep an eye out for our next news article!

Disclaimer: This content was sourced from “cbd” – Google News and republished to our website to add value and additional content for our readers. In order to maintain the safety, functionality, and integrity of, the sourced content may have been altered. To access the original content, please click the link below:


The Editor

The Editor is the internet's largest CBD stores directory. Browse 100s of CBD businesses, find CBD near you, and more!
  • Comments are closed.
  • Sign Up For Our Newsletter

    Stay informed with the latest articles on our CBD blog

    Related Posts

    CBD hemp oil, Hand holding bottle of Cannabis oil against Marijuana plant. Herbal Treatment, Alternative Medicine

    How CBD Can Help You

    With more and more CBD products entering the market every year, the CBD industry is growing at a rapid pace. The industry is projected to

    Pin It on Pinterest