A former executive from FedEx and Hilton Worldwide will lead a new Tennessee CBD startup, called Hemp2Lab.
Hemp2Lab’s 10,000-square-foot production facility in Rossville is about five to six weeks from opening, according to the Daily Memphian. The CBD the company makes will be sold in products with the lifestyle brand Easyriders, under a new licensing agreement that lasts through 2025.
Before being president and CEO of Hemp2Lab, Margaritis, 59, was senior vice president of global communications and investor relations at FedEx when he took a voluntary buyout in late 2012. He was with FedEx for 15 years. Afterward, he was executive vice president at Hilton Worldwide for about a year.
Easyriders said this week it would enter the CBD oil market by partnering with Hemp2Labs and Oregon hemp grower Big Top Farms. The products Easyriders will sell include CBD creams, oils, and tinctures.