Canadian investors launch new company based on assets purchased from tech maker
(This story was updated to clarify that CGT continues to operate as an independent company — ed.) HEMPALTA, a newly formed Canadian hemp company, said…
Canada
Lawsuit accuses Aurora execs of ‘sham round-trip’ deal to inflate earnings
A lawsuit filed in a U.S. federal court alleges Aurora Cannabis Inc. and a group of past and current executives inflated quarterly earnings results in 2019 through…
Alberta Hemp Alliance gets $300,000 grant to boost supply chain
The Alberta Hemp Alliance has received a two-year $300,000 grant from the Canadian Agricultural Partnership, a federal-provincial initiative aimed at strengthening the country’s food and…
$65 million awarded farmers in fraud case against Canadian, U.S. execs
A group of Canadian and American business executives committed negligence, fraud and deceit when they left a group of Montana farmers stranded with 2018 hemp…
1998: IHA replies to Canadian hemp regulations
Celebrating Hemp History Month – According to the “Proposed Industrial Hemp Regulations”, industrial hemp will still be regulated in a drug control framework, rather than…
Canadian firm receives grant
Saskatoon-headquartered Blue Sky Hemp Ventures received ~CA$750,000 (~US$620,000) to upgrade its facility in Saskatchewan, where the company makes hemp oil and CBD. The grant comes…
New Canadian seed goes to market
UniSeeds Inc. of Ontario is to distribute Silesia, a new dual-cropping hemp variety, under an agreement with InnoTech Alberta. InnoTech said the variety has been…
Canadian maker of mobile decorticator signs on customers in NZ, SA
Toronto-based CannaSystems Canada Inc. is offering its R-2 hemp decortication system to 10 initial customers under a collaborative program aimed at fine-tuning the technology while…
Canadian company raises $7 million, will develop fiber factory in Europe
Canadian natural fiber specialist Bast Fibre Technologies Inc. (BFTi) said it will use some of the $7 million it recently raised to develop a European…
Canadian company petitions for payment in dispute over biomass
A Canadian company has petitioned the British Columbia Supreme Court to enforce payment of CA$761,000 ($632,000) in damages by a second hemp operator in a dispute…
