Inc. Magazine business publication recently announced their annual Inc. 5000 list, and we made the cut! Extract Labs was awarded No. 615 on the prestigious list that acknowledges the fastest-growing private companies in the U.S.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
Among the honorees, the average median three-year growth rate was 543 percent. The median revenue is $11.1 million. Overall, all the listees created more than 610,000 jobs over the past three years. Dominant brands like Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure on the Inc. 5000. We’re happy to be in good company.
“Following my military career and witnessing how CBD can benefit fellow veterans, I began Extract Labs with the dream to make CBD products available to everyone. I could never have imagined that this dream would transform into an entire company with a dedicated team that is equally devoted to the mission,” says our CEO, Craig Henderson.
We’re grateful to be a business that not only survived but thrived during a challenging year. We could not have done so without our loyal customers. And we owe immense gratitude to hemp and hemp cultivators. In a few short years, the plant has shown the potential to change the world and our collective well-being.
“We are thrilled to be included on this year’s list of the fastest-growing companies and want to thank everyone who has helped, and continues to help, make Extract Labs the company it is today,” Craig says.