Colorado, Swiss firms partner to bring high-CBG strain to USA
Colorado-based High Grade Hemp Seed (HGH) is producing and distributing a newly developed high-CBG boutique European hemp strain in the USA. The strain, dubbed “Matterhorn,”…
Companies
Elixinol Global looks to raise cash with 48% discount on shares
Struggling CBD maker Elixinol Global is offering a 48% discount on shares, hoping to raise $11 million among institutional and and retail investors. Elixinol is…
Polish company distributes free sanitizer as public service
Polish health & beauty products maker Herbs & Hydro has distributed 4,000 units of hemp-scented hand sanitizer and hemp bar soaps for free in a…
Kentucky farmers seek $69 million in suit charging RICO violations
A group of Kentucky farmers have filed a $69 million class action lawsuit in U.S. federal courts, alleging a processor who contracted to buy their…
Czech firm’s effort to register synthesized CBD for food advances
Czech CBD producer CBDepot has navigated another step in the process of getting pure synthesized Cannabidiol (CBD) authorized as a Novel Food ingredient, as European…
Sanctions against U.S. hemp execs upheld in long-running fraud suit
A Nevada federal judge has upheld sanctions against three U.S. hemp company executives in a long-running case brought by the U.S. Securities and Exchange Commission…
Fallout from GenCanna bankruptcy drags down MariMed
The bankruptcy of U.S.-based GenCanna Global also has dragged down penny-stock cannabis player MariMed, which had invested $30 million (€26.9 million) in the Winchester, Kentucky-based…
Another Kentucky hemp firm succumbs as Atalo Holdings says it’s bankrupt
Another hemp company in the U.S. state of Kentucky has run into trouble as highly-touted whole-plant processor Atalo Holdings Inc. filed for bankruptcy this week. …
U.S. hemp group calls GenCanna ‘fraud corporation’ in wake of bankruptcy
Kentucky’s leading industrial hemp trade group has called U.S. hemp giant GenCanna “a fraud corporation,” after learning of the company’s bankruptcy filing last week. GenCanna…
Elixinol says it will slim down product line, focus on U.S., Europe
CBD maker Elixinol Global Limited said it is hitting the reset button in 2020 after a series of developments that beset the company during 2019….