California company booted by Nasdaq
San Diego, California, USA company Youngevity has been delisted from the Nasdaq stock exchange after its share price fell below one dollar and the company…
Investment
Polish hemp company raises €1 million in 38 minutes via crowdfunding
Polish hemp company Kombinat Konopny raised 4.2 million zlotys (€950,000/~$1.1 million) in 38 minutes on Monday, Nov. 16, shattering the record on crowdfunding platform Crowdway.pl….
Chinese pharma giant backs hemp project
The board of China’s Renhe Pharmaceuticals Co., Ltd. agreed to develop a broad-based industrial hemp project and three other initiatives in the medical sector. Projects…
Chinese pharma company executive targeted in stock probe
The board chairman of a Chinese pharmaceutical company could be facing fines as the result of an insider trading investigation. Hunan Fangsheng Pharmaceutical Co., Ltd…
Hemp development plan proposed for northwestern Italy
Leaders of the Five Star Movement (M5S) political party in Piedmont, Italy have proposed allocating €3 million ($3.5 million) over the next three years to…
French startup plans to make energy from hemp biomass
A French startup says it will soon go into trials using hemp biomass to produce energy, with plans to go into full production in 2022….
Irish-French venture looks to raise funds for investments in Europe
An Irish-French investment fund says it is looking to raise €30 million in the first phase of a venture focused on private cannabis companies, including…
Canadian firm raises $3.3 million to develop hemp cleaning wipes
Bast Fibre Technologies Inc. (BFTi) of Canada said it has sold $3.3 million (CA$4.5 million) worth of equity to Natural Products Canada (NPC) to finance…
Irish personal care firm to invest $50m in U.S. CBD maker
Ireland-based Perrigo Company plc has partnered with Kazmira LLC of Colorado, USA to add CBD to its portfolio of generic prescription topicals and pain and…
Elixinol says capital raising sets stage for overhauled strategy
Coming off a year of challenges, Elixinol Global Ltd. said a recent capital raising and asset sales sets the stage for execution of a strategy…