What Driftless Extracts does

Driftless Extracts is a Wisconsin-based hemp producer and processor operating from Lone Rock in the Driftless Region, with headquarters registered in Plain, WI. Founded in 2019 by Ed Liegel Jr. and Sam Liegel, the company runs a vertically integrated operation spanning greenhouse cultivation, biomass drying, milling, CBD extraction, and finished-product contract manufacturing under USDA Organic, GMP, Kosher, and NASC certifications. Its primary customers are CBD product manufacturers (tinctures, gummies, topicals, pet supplements), a network of 100+ Wisconsin farmers supplying biomass for processing, pet product companies seeking NASC-preferred ingredients, and industrial manufacturers evaluating hemp fiber for composites and other applications.

The company's core technology stack combines mechanical extraction and processing infrastructure — including a Czech-sourced drying machine, a 10,000 sq ft biomass handling facility, and GMP-certified manufacturing capacity — with a proprietary nano-emulsification process that produces water-soluble broad spectrum (DE132) and full spectrum (DE122) hemp powders for beverage and food applications. The DE-series of bulk ingredients (DE100 winterized extract, DE110 distilled extract, DE120 full spectrum distillate, DE130 broad spectrum distillate) forms the SKU portfolio, supplemented by raw biomass, isolate, distillate, and smokable flower for retail and wholesale channels. The company also markets proprietary consumer brands including Workman's Relief (USDA Certified Organic hemp oil) and Crafty.

Driftless Extracts monetizes through four revenue streams: (1) bulk ingredient sales of organic cannabinoid extracts and powders to manufacturer clients, (2) contract manufacturing services for gummies, tinctures, and topicals in its GMP facility, (3) processing services — drying, milling, separation, and extraction — for contract growers, and (4) hemp fiber derivatives (hurd and bast) for industrial applications. Pricing is quote-based with no public disclosure, consistent with B2B enterprise sales. The go-to-market motion is enterprise field sales supplemented by content marketing (hemp news blog, newsletter) and earned media in regional agricultural publications. Kemin Industries became a strategic investor and channel partner in 2022, adding Driftless hemp ingredients to Kemin's portfolio of 500+ specialty ingredients.

Name

Driftless Extracts

Legal name

Driftless Extracts, LLC

Website

https://driftextracts.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Driftless Extracts is a Wisconsin-based hemp processor producing USDA certified organic bulk cannabinoid ingredients, contract manufacturing services for CBD brands, and grower processing services for a network of 100+ regional farmers.

Ownership category

akta.pro rank

Product category

Hemp-derived Cannabinoid Ingredients

NAICS

Medicinal and Botanical Manufacturing (325411), Drugs and Druggists' Sundries Merchant Wholesalers (42421)

SIC

Medicinal Chemicals & Botanical Products (2833)

akta.pro primary industry

Hemp & CBD Product Wholesale Distribution (CRAOAIAG)

Keywords

• Hemp extraction services
• Bulk cannabinoid ingredients
• CBD contract manufacturing
• Organic hemp processing
• Industrial hemp fiber

Headquarters

HQ city

Lone Rock

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Bulk Cannabinoid Ingredients: Sale of bulk hemp extracts, distillates, isolates, and powders including organic winterized extract, broad spectrum distillate, full spectrum distillate, and nano-emulsified water-soluble products.
2. Contract Manufacturing Services: Manufacturing services for gummies, tinctures, and topicals for other brands using their GMP-certified facility and organic certified processes.
3. Processing Services for Growers: Processing hemp grown by other farmers including drying, milling, extraction, and biomass preparation services for contract growers.
4. Hemp Fiber Products: Hemp fiber derivatives including hurd and bast materials for industrial applications in medical, paper, erosion control, and defense sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Driftless Extracts is a vertically integrated hemp processor that cultivates, extracts, and manufactures USDA Certified Organic bulk cannabinoid ingredients (distillates, extracts, water-soluble powders, isolates) under its DE-series product line. The company also provides GMP-certified contract manufacturing services for gummies, tinctures, and topicals, plus biomass drying, milling, and storage services for third-party hemp growers.

Product overview

Driftless Extracts operates as a hemp solutions provider offering a comprehensive portfolio of bulk cannabinoid ingredients, contract manufacturing services, and consumer products. The core offering centers on USDA certified organic bulk hemp ingredients (distillates, extracts, water-soluble powders, and biomass) sold to manufacturers under the DE-series product line (DE100, DE110, DE120, DE122, DE130, DE132). The company provides vertically integrated processing services including drying, milling, extraction, grinding, bulk storage, and testing. Finished product contract manufacturing encompasses gummies, tinctures, and topicals. The company also manufactures proprietary consumer brands including Workman's Relief organic hemp oil and offers consulting services for growers. Retail products include smokable flower, CBD distillate, raw biomass, and CBD isolate. The business model combines bulk ingredient sales with contract manufacturing and proprietary consumer products.

Differentiator

Problem solved

Functional benefit

Brands

• Workman's Relief: USDA Certified Organic hemp oil product brand marketed by Driftless Extracts
• Crafty

Products and services

• DE130 – Organic Broad Spectrum Hemp Distillate
• DE132 – Organic Nano Emulsified Water Soluble Broad Spectrum Hemp Powder
• DE100 – Organic Winterized Hemp Extract
• DE110 – Organic Distilled Hemp Extract
• DE120 – Organic Full Spectrum Hemp Distillate
• DE122 – Organic Nano Emulsified Water-Soluble Full Spectrum Hemp Powder
• Certified Organic Biomass
• Contract Manufacturing Services
• Hemp Processing Services
• Agronomy and Processing Consulting
• Smokable CBD Hemp Flower
• Workman's Relief Hemp Oil
• Hemp Fiber Derivatives (Hurd and Bast)

Quantifiable outcome

• Hemp generates $15,000 to $30,000+ gross revenue per acre compared to $500-$800 for corn/soybeans
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Kemin IndustriescoreStrategic or Co-development Partner · 1 January 2022Kemin Industries, a global ingredient manufacturer supplying more than 500 specialty ingredients across multiple industries, invested in Driftless Extracts and added their hemp ingredients to Kemin's nutrition and health division portfolio, representing a strategic distribution and market access partnership.
• U.S. Forest Products Laboratory (Madison)minorStrategic or Co-development Partner · 1 January 2019Driftless Extracts was exploring a partnership with the U.S. Forest Products Laboratory in Madison to develop composite products containing a mix of hemp and carbon fiber for potential industrial applications.
• Wisconsin Hemp Farmers & Manufacturers AssociationminorOthers · 1 January 2019Industry association supporting hemp farmers and manufacturers in Wisconsin, with founder Phillip Scott estimating significant hemp acreage growth in the state.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• CV Sciences: Public CBD ingredient and consumer products company (maker of PlusCBD Oil). Compares to Driftless Extracts as a vertically integrated bulk CBD/hemp extract supplier and consumer brand owner; advisory board member Josh Hendrix previously led BD there.
• Mile High Labs: Large-scale bulk CBD extraction and isolate producer serving manufacturers globally. Direct peer to Driftless Extracts in B2B bulk cannabinoid ingredient supply, with similar contract manufacturing capabilities and wholesale distribution model.
• Kazmira: Bulk CBD ingredient manufacturer producing isolates, distillates, and water-soluble formulations for B2B customers. Compares directly on bulk hemp extract/wholesale ingredient business with comparable water-soluble and contract manufacturing offerings.
• Elixinol: Vertically integrated hemp-derived CBD producer with bulk ingredients and consumer brands. Peer to Driftless Extracts in bulk hemp extracts, finished consumer CBD products, and water-soluble formulations across B2B and B2C channels.
• HempFlax: European hemp cultivation and processing company producing CBD extracts, fibers, and shivs for industrial applications. Comparable to Driftless Extracts' dual focus on cannabinoid extraction and industrial hemp fiber markets.

Broad incumbents

• Charlotte's Web Holdings: Largest publicly traded hemp CBD wellness brand with vertically integrated cultivation and extraction. Compares to Driftless Extracts as a broader incumbent in certified hemp CBD with proprietary genetics, consumer branding, and bulk ingredient supply at scale.
• Canopy Growth Corporation: Large multi-jurisdiction cannabis and hemp producer with bulk CBD/CBG ingredients and consumer brands. Broad incumbent comparable to Driftless Extracts in vertically integrated hemp processing and ingredient supply, though at vastly larger scale and broader product range.

Regional players

• Blue Sky Hemp Ventures: Canadian vertically integrated hemp processor producing CBD ingredients, food products, and fiber. Regional peer to Driftless Extracts with similar full-spectrum hemp value chain (cultivation, extraction, finished products) operating in North America.

Others

• Kemin Industries: Global ingredient manufacturer and Driftless Extracts' strategic investor/distribution partner. Comparable as adjacent ecosystem participant enabling Driftless' market access through 500+ specialty ingredient channels across food, beverage, and nutrition.

Emerging players

• Marijuana Company of America: Emerging hemp-CBD company with bulk ingredient production and consumer product lines. Emerging player comparable to Driftless Extracts in vertically integrated hemp processing with both B2B ingredient supply and direct-to-consumer brands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/DriftlessExtracts
• Instagraminstagram.com/driftextracts
• LinkedInlinkedin.com/company/driftless-extracts

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Driftless Extracts