Initiative in Italy aims to develop national hemp processing center
Local officials in west-central Italy say they are progressing with plans to build a sustainable hemp supply chain model that can transform the agriculture of…
Investment
Funding will let New Zealand fiber venture ‘go farther, faster’
Hemp joint venture New Zealand Natural Fibres (NZNF) has received AUS$1.34 million (€845,000) in funding from the government’s Ministry for Primary Industries (MPI) for a…
Polish group’s whole-plant strategy stresses innovation, sustainability
A Poland-based hemp innovation hub has sparked initiatives in hemp proteins, plant-based foods and biocomposites that can replace wood as it pursues a whole-plant strategy…
HempFlax invests €3 million to expand output, go ‘energy positive’
Europe’s HempFlax Group B.V. said it plans to invest roughly €3 million to transform its Oude Pekela, Netherlands factory into a facility that will expand…
Grant backs German carbon-tracking startup as it enters fundraising
German startup HempConnect is entering an initial fundraising campaign as it continues to develop a suite of advanced Life Cycle Analysis (LCA) tools that collect…
Indiana CBD facility opens
Indiana-based extractor HempRise has cut the ribbon for an $80 million, 100,000-sq. ft. CBD processing center in Jeffersonville. The company said the location near the Indiana-Kentucky…
Kentucky food maker raises $4.5m
Victory Hemp Foods of Kentucky said it has raised about $4.5 million to expand its production capacity for hemp food ingredients. The company said it…
Polish company raises additional €1.2m from existing shareholders
Polish hemp company Kombinat Konopny said it has raised an additional 5 million Polish zlotys (€1.2m; $1.36m) following an initial crowdfunding effort late last year…
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…
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,…
