New York-based 22nd Century Group said it intends to sell off its GVB Biopharma unit, a CBD maker, with the price tag estimated at $2.25 million – after having purchased …
New York biotech company takes massive loss in selloff of CBD unit Read More »
U.S. analyst and commodities platform PanXchange, which operated in hemp and other sectors, has discontinued operations, according to the company’s founder. Julie Lerner, who had also served as PanXchange CEO, …
U.S. commodities platform that traded industrial hemp shuts down as investor pulls back Read More »
A Chinese hemp food producer said it expects to have a new factory online in North Carolina by the end of the year. Q-Power, Inc. said it has put $10 …
Chinese hemp food maker invests $10 million in North Carolina factory soon to open Read More »
Founders of leading U.S. CBD maker Charlotte’s Web have called for changes at the top by seeking resignations from four of six current directors, including board President John Held and …
With Charlotte’s Web ‘at risk,’ founders call for shakeup at the top Read More »
As sustainability continues to go mainstream, industries are shifting priorities to focus on climate challenges and social impact in their strategic development plans. That’s a real opportunity for industrial hemp. …
The first (real) business opportunity for hemp: Grow it, then burn it Read More »
Cigarette giant British American Tobacco (BAT) said it will invest $10 million for a 20% stake in a new joint venture between two Colorado hemp companies. London-based BAT said it …
BAT invests $10 million in U.S. venture to develop hemp drug Read More »
A drastic imbalance between revenues and expenses shows publicly traded companies are overstretched in the European CBD market and continue to rack up massive losses, a UK cannabis analyst says …
Publicly traded CBD companies continue to shed millions in Europe Read More »
The government of the Pacific island nation of Vanuatu is looking to attract foreign investors and operators to develop medical cannabis and industrial hemp production for export-only after recently finalizing …
Tiny Pacific island nation of Vanuatu hopes to draw hemp investors Read More »
A Canadian hemp composite producer has received a $10 million (US $7.4 million) grant that will support development of a manufacturing facility to turn out products for the automotive, marine, …
$7.4 million grant backs Canadian hemp composite maker Read More »
The global hemp market could reach $18.6 billion by 2027 if nations around the world take action to clarify the crop’s legal status and address other key issues, according to …
UN report on hemp marks path to an $18 billion global industry Read More »
