When Bluegrass Farmaceuticals went looking for a business partner for the products it now makes in Miamisburg, the company found a big one in three-time Grammy-winning musician Nelly. A family-, women- and minority-owned company, Bluegrass secured a meeting with the entertainer, entrepreneur and philanthropist in 2019 and Medi Bloom Gummies pitched him its line of CBD-infused products and its technology. Nelly agreed, becoming not only a brand ambassador, but also securing an ownership stake, according to Jonathan Tumey, the company’s chief technology officer. “His goals were aligned with our business and our mission,” Tumey told the Dayton Daily News. CBD is a chemical found in marijuana that doesn’t contain THC, the main psychoactive compound in cannabis. Bluegrass Farmaceuticals’ large portfolio includes hemp-derived beverages, edibles and products without THC. They include pharmaceutical-grade ingredients with no additives, preservatives or dangerous chemicals, according to the company. Bluegrass Farmaceuticals opened its Miamisburg facility at 965 Capstone Drive in the Mound Business Park in 2019 with one 1,000-square feet room.
It since has purchased another room that is twice that size and is renovating the space.. The company, which is headquartered in Belton, Ky., expects to double or triple the size of its Miamisburg location over the next several years, he said. ’ve been excellent to us,” Tumey said. Nelly played a large role in shaping the line, including the iKON vaping device used to consume Bluegrass’ CBD E-Liquids, telling the company what he liked and didn’t like. “He kind of steered the car, if you will, in terms of the product development,” Tumey said. The KLOUD5 product line is “on a solid trajectory,” he said, adding that the company is hitting its goals for the year. “Bluegrass Farmaceuticals’ consumer-centric approach and their refusal to compromise on quality and purity excites me,” Nelly said in a statement. “Our products take cannabis-infused vaping to the next level, which means responsible adults can enjoy these products in a superior way. Bluegrass Farmaceuticals has 13 patents pending for its technologies. The company said it is developing and commercializing advanced therapeutic devices for in-home extraction and consumption of cannabis therapeutics, making cannabis consumption more convenient for consumers. “We kind of hang our hat on being not just a CBD compliant, but a high-tech, biotech kind of company,” Tumey said. Much of Bluegrass Farmaceuticals’ revenue is driven from direct-to-consumer lines and much of the growth it is seeing is contract manufacturing for current Ohio hemp cultivators, including Power of the Flower and Ohio State Hemp. “They grow, we process,” Tumey said. “We’re basically a full-service laboratory turnkey, and that’s what they like.
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