New York biotech company trades $60 million in stock for CBD group
New York-based biotech company 22nd Century Group, Inc. said it has started integration with GVB Biopharma after swapping $60-65 million in stock for 100% of…
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Beer, cannabis giants end joint venture that had planned to make drinks
Brewing giant Anheuser-Busch InBev said it will continue to develop CBD-infused non-alcoholic drinks in Canada after its joint venture with cannabis producer Tilray was dissolved…
Pfizer to pay $6.7 billion for developer of cannabinoid medicines
Pharmaceutical giant Pfizer said it plans to buy San Diego-based Arena Pharmaceuticals, Inc., which is researching and developing cannabinoid-based medicines for patients who suffer gastrointestinal…
€11 million deal combines German groups, creating a hemp powerhouse in Europe
Germany’s SynBiotic SE has acquired 50.1% of a leading group of German hemp companies from industry veteran Daniel Kruse for €11.2 million (~$12.6 million) in…
Investors back BOHECO with $2 million to boost production, marketing
India’s Bombay Hemp Company Pvt. Ltd (BOHECO) said this week it has raised $2 million it will use to expand production and marketing. BOHECO said…
Italian plastics maker will distribute hemp products under deal with U.S. company
Italian plastics maker LATI Industria Termoplastici (LATI) is to distribute products from U.S.-based The Hemp Plastic Company (THPC) under a recently signed agreement. LATI, Vedano…
Thai food company will complete takeover of hemp producer in $1.8 million deal
Publicly traded Thai food company NR Instant Produce (NRF) said it intends to purchase an additional 51% of Golden Triangle Health Company Limited (GTH), which…
Danish agro operators join to pursue expansion in hemp foods
Two Danish farming enterprises have agreed to join forces, hoping to capitalize on hemp’s potential in the rapidly-growing plant-based foods sector. International farming co-op Danish…
After emerging from bankruptcy, GenCanna on UK buying spree
Kentucky-based CBD maker GenCanna Global, which re-emerged after bankruptcy last year, said it has acquired a London-based group that will help the company expand its…
Canadian group contracts to buy more land for project in Colorado
Vancouver-based Global Hemp Group (GHG) said it has contracted to purchase a 664-acre plot of land in Colorado to grow hemp and eventually build housing…
