The building that houses Market Street Wellness in Medford covers approximately 9,000 square feet, and Stacy Page has owned it for more than two years.
In that time, he’s transformed the building, which was “sitting on the market for seven years,” into a mixed-use space for a multitude of cannabis ventures.
Page wears many hats. The most obvious is owning and managing Market Street Wellness, which is really two stores in one — a recreational dispensary with a wide range of cannabis products, and Market Street CBD, a retail shop that focuses on medicinal, hemp-based products.
Page, who lives in Ashland, bought the building, which was a former meat-packing plant, for the potential. The building included a commercial freezer for storage, floor drains and three-phase power.
Today, the building, at 633 Market St., has two commercial kitchens. The larger kitchen is rented out by the hour to companies that are making hemp products, such as Seventh Hill CBD, a local company that makes a variety of hemp edibles.
The smaller kitchen is being leased by Rogue Raw, an Ashland company that makes THC edibles.
A warehouse space inside the building is occupied by a company called EEK. According to EEK CEO Mike Kirkwood, the company has two divisions — ABC Coop, a distribution company for OLCC and ODA products, with wholesale facilities in Medford and Clackamas; and Angel Industries, an industrial hemp-focused processing company that makes Angel drops and what Kirkwood calls, “WINGS,” otherwise known as THC-free cartridges and dabbables.
“We distribute for many popular brands in Oregon, including delivery to Market Street,” Kirkwood says. “He [Stacy] has a really broad set of edibles there, and he continues to work hard to bring new products in all the time. We’re big fans of what Stacy is doing over there. He’s helping a lot of folks. He’s got a good vibe there with some pretty cool companies that are doing product development, which is cool for Southern Oregon.”
New to the building’s offering are cannabis-infused cooking classes, offered twice a month, in the larger kitchen when it’s not being rented out by the hour. The first class in February demonstrated how to make infused truffles for Valentine’s Day. A March 16 class focused on making canna-butter.
Also in the building is another company Page owns, Enovators, which manufactures extractor machines. The machine, called a Grasshopper Extractor, turns a pounds of trim into kief in 5 minutes.
When the company started, “people weren’t using kief yet,” he said. “Now kief is in demand for making rosin and other products. Currently the market is all about scaling up, especially with CBD but with cannabis too, so they need larger volumes.”
Aside from Grasshopper, Page has a larger commercial kief-making machine called the Locust. The machine grinds the flower to a certain size, dumps it in a conveyor, the material then drops, shakes and pulses, and ultimately the kief is shot out through the ports into custom bags.
“It rains kief,” adding the machine runs through 400 pounds of trim a day.
“Kief is becoming a big thing, with hemp especially,” Page says. “ The cost of shipping is a huge issue. Companies can buy a tote of dried cannabis material, or biomass, at 12 percent CBD, but if they want to get it up to 16 percent, basically they buy a lower-grade material, then they can make kief and put the kief inside the bag with flower and increase the percentage to 16 or whatever they want to hit and not add more space in the truck. They are increasing CBD content in the same square footage, so they are saving money.”
Page says he has been watching the flow of customer demand. Companies presently bring their biomass to him and he turns it into kief for processing into oil. He also has a machine (currently unnamed) that turns the kief into pellets. Pellets are advantageous, Page says, because they are more stable during transport, and for people using a hydrocarbon extraction process, they often can’t use kief because of the amount of oil that ends up clogging their machines.
“The pellets are basically trichomes,” Page says. “When you fill your machines with pellets, you have air gaps around them, so they can still use kief pellets and have much higher yields in the same amount of time. That is true for Co2 or hydrocarbons. No one is doing this yet, but hopefully in six months, this will be the norm. I’m hoping to change the industry.”
The bottom line for processors making oil — it’s all about how much it costs per run.
Almost all CBD plant material is being turned into oil or isolate, and if they start with kief, they will get higher yields.”
When he’s not manufacturing the machines or making kief, Page is likely in one of his stores that he owns with his wife, Meredith. He said his dispensary currently has higher sales, but he believes it’s a matter of time until the CBD store overtakes THC sales. He’s able to have a wider selection of CBD products in the CBD store, because OLCC rules allow fewer CBD products in dispensaries.
OLCC recently changed its rules to allow hemp growers to sell directly to a processor, wholesaler or retailer, Page says, but they have to get their products into OLCC’s seed-to-sale program. “They have to jump through the same hoops required by cannabis companies, Page says. “Hemp growers and processors can have a larger footprint in the market, but it’s a big hurdle to get there. It does open up more products that can come into the dispensaries now.
“Thirty percent of CBD products are in the OLCC,” he says. “So that’s why I opened up the other store, to provide more CBD options.”
The CBD portion of the business doesn’t sell any products that contain more than 0.3 percent THC, Page says, and 95 percent of the products are hemp-derived. He also sells CBG, another cannabinoid, that he says help support glaucoma and digestive issues.
Page has long been an entrepreneur — he was in landscaping for years and owned Paradise Supply in Ashland and Grants Pass. He also grew CBD for 10 years, and when the Medford building became available, he saw an opportunity. In addition, he’s coming up with his own brand of products that will include tinctures, smokables, capsules, topicals, edibles and drinks.
“Now everything is centralized under one roof,” he says, adding that people have been contacting him from all over the country for hemp products and to help them set up stores in other states. Page said he has plans to create a “Market Street Hemporium” that will include products and a turn-key business model that new business owners can follow.
“We grow the best hemp in the country in Southern Oregon,” he says. “It’s just like cannabis. We have the climate for it. Almost all of it is organic, because they know it’s going to be medicine. A lot of the cannabis farmers who are growing didn’t do so well, so now they are all switching to hemp. It’s an exploding industry right now. Which is good for the customer, because the prices will come down.”
Aside from the business ventures, Page spends time giving talks about cannabis. He hosts free lectures every month in Medford and Ashland about CBD and is planning a one-day conference at Medford’s Inn at the Commons in June.
“A majority of people have no idea what CBD is. They may have heard about it on the news and they don’t know how it affects the body,” he says. “I educate them on the importance of quality and source of the product best for their health, not always purchasing the cheapest product.”
For more information, see marketstreetwellness.com or call 541-622-8340.
You can follow Liz Gold on Twitter/Instagram @lizstacygold or read her blog at www.14karatliving.com.