Broad portfolio drives HempFlax revenues to €14.5m, a 43% increase
Legacy European hemp group HempFlax saw revenues rise 43% in 2020 to €14.5 million, driven in part by a 42% increase in sales of CBD, and…
Companies
Poland’s H&H expands product line, redesigns packaging
Polish health and beauty products maker Herbs & Hydro (H&H) has introduced a new intimate hygiene cleansing bar and a shampoo for kids sub-branded Pure…
$20 million for CBD retail platform
Canadian cannabis company High Tide Inc. said it will acquire 80% of Fab Nutrition LLC, Wisconsin, USA for $20 million. High Tide, Calgary, Alberta, is…
Boheco opens first retail outlet, offering health products
India’s Bombay Hemp Company (Boheco) has launched its first retail outlet, offering a range of hemp-derived nutritional, wellness and prescription-only products. The offline store in…
HempToday partners with Hamburg startup on German-language edition
HempToday DACH, a German language news service covering industrial hemp, has been launched in a strategic partnership between the Poland-based Naklo Foundation and startup HempConnect GmbH of Hamburg….
Pakistani denim maker looks to Texas for cottonized fiber
Pakistani denim maker Artistic Garment Industries (AGI) said it has entered a one-year deal with Panda Biotech of Texas for the supply of an unspecified…
Initiative in U.S. aims to improve THC testing in labs
Two U.S. companies will work with the National Institute of Standards and Technology (NIST) on ways to improve testing in cannabis labs under the Institute’s…
U.S. fiber processor says it has raised $2.8 million
U.S. fiber processor BastCore LLC said it was oversubscribed for a fund raising round of $2.8 million as it develops an industrial complex near Montgomery,…
Michigan hemp firm stakes claim in advanced manufacturing
A Michigan hemp startup said it secured financing to build a hemp fiber processing factory that is planned to be operational this summer. Heartland Corporate…
CanXchange: ‘Looking for new ways to disrupt and innovate’
Alex Arkentis is the CEO and Co-Founder of CanXchange, the European commodities exchange for physical hemp and CBD products. A serial technology entrepreneur and investor,…