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Blue Ribbon Extraction is now Golden Piedmont Labs

SoVaNow.com / September 17, 2020


Blue Ribbon Extraction, the soon-to-open hemp processing facility at the Houghton Industrial Park in South Boston, has a new name — Golden Piedmont Labs.

The new name is “a tribute to the farming heritage of rural southside Virginia,” said company co-founder Sterling Edmunds, a Halifax native who has established the processing facility with Rick Gregory, another county native and HCHS graduate. Edmunds and Gregory each bring success in statewide business and financial circles to the new venture, the first of its kind in Virginia.

Blue Ribbon Extraction is a name that echoed Blue Ribbon Creamery, founded by Edmunds’ forebears in Halifax County. The new name of Golden Piedmont Labs reflects the desire by Edmunds and Gregory to rebuild the economy of the region, including its traditional agricultural sector.

The name change “will not impact our business plan or our determination to improve the economy in southern Virginia,” said Edmunds.

Brian Brown, executive director for Halifax Industrial Development Authority, said, “This is an exciting time for Halifax County, our business community, and hemp growers across the region. Our region is brimming with possibility in the hemp industry, and we are grateful to Golden Piedmont Labs for their investment in bringing another critical piece of that industry to Halifax County.”

Edmunds and Gregory came together over a shared concern about the decline of rural economies. Determined to reverse the declines over recent decades, they say that every investment they make in the company is designed to revitalize, strengthen, and sustain the rural economy for the betterment of the community. Gregory said, “There is a stark difference between bustling cities and declining rural areas, which likely contributes to widening social and political divisions.”

The Golden Piedmont Labs facility was built to meet the demand of large purchasers of CBD products by providing the ability to supply the purchaser with a traceable and reliable supply of product. According to Gregory, to build an operation with this industrial scale, he and Edmunds raised, with other investors, over $6,000,000 for the Halifax County facility, making it one of the largest private investments in Halifax County in recent years.

Edmunds and Gregory believe that great CBD products begin with great hemp growers. Edmunds said, “We have partnered with regional growers for over 550 acres of hemp this season and hope to double or even triple that amount for next year’s crop. Our growers and their families have worked their farms for generations, and we saw partnership as an opportunity to invest in their expertise.”

The operation is located at the former Blue Ridge Beverage distribution center at the Houghton Industrial Park.



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