Investment

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…

May 28, 2021

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…

May 26, 2021

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…

April 21, 2021

Former NBA star invests $3 million

Former NBA star Isiah Thomas, said he will invest $3 million in his holding company, One World Pharma. The company…

March 1, 2021

Pakistan sees key role for hemp in tech, textiles, energy

Hemp can play a key role in Pakistan’s future, which depends on the development of the technology and biotechnology sectors,…

February 23, 2021

U.S. firm plans March startup of fiber processing factory

A Kansas, USA hemp company says it will bring a new decortication factory online in March, with plans to process…

January 28, 2021

U.S. company’s plans would shift hemp balance in Virginia

A Virginia, USA hemp company hopes to rally farmers to grow 1,400 acres of industrial hemp this year to feed…

January 14, 2021

U.S. hemp pricing added to exchange

Derivatives marketplace CME Group has added hemp pricing data in DataMine, its self-service online data platform. Hemp Benchmarks, a division…

December 18, 2020

The Chinese Strategy: Planning a roadmap to hemp’s future

[Third & last in a series] As Chinese planners see the future, the nation will transition from a global factory…

December 14, 2020

S. Africa’s Labat takes 49% of breeder

Investment group Labat Africa Limited took a 49% interest in cannabis breeder Ace Genetics, paying with 1,804,000 Labat shares valued…

December 14, 2020