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The Ups and Downs of Opening an Extraction Lab

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Philip Northcutt
Founder, CEO at Sierra Gold Hemp
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Concentration 2019
May 31, 2019, Pala, USA
Concentration 2019
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About speaker

Philip Northcutt
Founder, CEO at Sierra Gold Hemp

Beach, then lived in Grass Valley for several years before opening the Sierra Gold lab in Pahrump, Nevada. He started his entrepreneurial hustle as a party host then a cafe and vintage store owner, eventually moving and shaking his way into the cannabis sector. Phil founded Land-4-215, 420FarmlandUSA.com, Sierra Gold Distribution, and ROS1N (Ros_One) Extraction Machines. Phil is a member of the University of Nevada-Hemp Advisory Board, he serves on the board of directors for KVMR.org, and is a member of the Farmer Veteran Coalition. He has produced cannabis events and speaks publicly about cannabis, education and veteran issues.Phil exited marijuana entirely to enter the hemp industry in 2017, he is an advocate for hemp as a model to save conventional farms and marijuana farmers alike. CBD has changed his quality of life and he is taking this message to the world.He is both determined and invested in the future of hemp, as well as intent on making it the world’s most manufactured commodity.

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About the talk

Extraction for the modern businessman in the most time-sensitive industry boom since BitCoin. How Phil got his start, the ups and downs, and the RAIDS! Phil wants to share his expertise in spotting the whales, taking on investors, and how marijuana conglomerated in 5 years.

02:25 Sales and marketing

05:20 Anti-consensus

06:20 No-upper limits

07:30 Market demand

10:50 Research

11:44 IP

14:40 Complete system

17:50 Expansion

20:40 Vertical integration: pros

25:32 Vertical integration: cons

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My name is Phil Northcutt the CEO of Sierra Gold Hemp. We're vertically integrated hemp companies. I get the fastest answers when people say What do you do we process industrial hemp and we the bulk of our business is a crude sales lab to lab. I got into the business. I came over from the canna-business side. You know, I was injured in Iraq. I was a sergeant in the Marine Corps infantry. I had replaced our 50 caliber Gunner who was injured and an 18-hour firefight. I herniated my L4 L5 discs

and I suffered from sciatica for like 10 years. I couldn't sleep and I remember the very first time I took a CBD crude oil before I went to bed and my eyes popped open at 9:30 in the morning and I was like what happened? I slept all through the night and it hadn't happened in so long that it took me has startled me a little bit, you know, and so I changed my quality of life. And you know, this is a message that I'm like now sharing with everyone and I get to do that because you know, I work in the CBD business but some things I learned from the Cannabis side

I was About 27 years in the marijuana business when I wasn't in the marijuana business, I was in the Marine Corps. So those are the two things that you know that I did with my life. I learned some really important stuff in canna-business sales and marketing was the first one, you know, I I was in cannabis distribution in the 80s and the model was a little different back then you know, so that got me into cultivation.

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