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,…
Processing
Washington state sets law for hemp processing
Hemp interests in the state of Washington may now apply for processing licenses for all parts of the plant, but extracts from hemp flowers may…
Australian project will set technical plan for fiber production
A project in Australia will map out technical needs for a processing value chain that makes use of stems from hemp plants grown mainly for…
Michigan hemp firm stakes claim in advanced manufacturing
A Michigan hemp startup said it secured financing to build a hemp fiber processing factory that is planned to be operational this summer. Heartland Corporate…
Wisconsin licenses in sharp falloff
Hemp licensees appear to be dipping sharply in Wisconsin, where numbers are down significantly for both growers and processors, state agriculture officials said. So far…
CBD facility nears finish in China’s Yunnan Province
Chinese hemp company Chengzhi Hanmeng said the installation and commissioning of a CBD production facility in Yunnan province has entered the final stage. According to…
Australian fiber processing startup completes fundraising
Australian hemp processing startup X-Hemp Pty Ltd says it has met its target for capital raising after a five-month campaign. The funding will let X-Hemp move…
Startup sees potential in Russia’s historic textile region
Russian industrial hemp producer Smart Hemp said it has plans to open a hemp processing factory in Ivanovo, an historic textile region and still one…
$14m investment to restart work on Canadian fiber processing facility
Canadian Rockies Hemp Corporation (CRHC) said it has resumed construction on an industrial scale fiber hemp processing facility after a nine-month hiatus caused by financing…
Equipment maker challenges U.S. Customs
Farm equipment maker Kierton USA, Ferndale, Washington, filed suit against U.S. Customs and Border Protection for blocking a shipment of components into the USA last…