Abstrax Tech Revenue and Competitors

Abstrax is a California-based company that is a leader of cannabis research and product development with a specific focus on the study of botanical and cannabis-derived functional flavors and fragrances (also known as terpenes and aroma compounds). The terpene industry is a rapidly growing segment of the global flavor & fragrance market which is expected to grow to $35 billion by 2024. This market segment includes the cannabis, CBD, skincare, cosmetics, and food and beverage industries. As a leading innovator in the industry, Abstrax offers the largest catalogue of award-winning, botanically-derived terpene flavor and fragrance blends. With a state-of-the-art type 7 cannabis licensed laboratory located in Long Beach CA and unparalleled customer service, we are dedicated to offering new and precedent-setting terpene flavor systems. We leverage the technical expertise of our scientific staff and our proprietary equipment which is specifically designed to study and extract complex mixtures of botanical aroma compounds via three-dimensional analysis of strain profiles. We work with internationally recognized brands and product developers to create products that thrill our customers. Our custom terpene and product formulations are designed for use in vapes, concentrates, skincare topicals, tinctures, alcohol, food, energy drinks, personal care, and more. We help our partners and brands develop their cannabis inspired products from concept to production.