Canadian cannabinoid company MediPharm Labs Corp. said it has sold its Napanee, Ontario manufacturing facility to Kensana Health, a biotechnology firm specializing in phytopharmaceuticals, for roughly $4 million (CA$5.5 million) […]
Struggling Canadian cannabis company sells Ontario production facility for $4 million Read More »
A Florida university president has resigned in the wake of a flap over a multi-million dollar gift from a Texas hemp entrepreneur. Florida Agricultural and Mechanical University (FAMU) in May
University president resigns in wake of phony donation from hemp entrepreneur Read More »
A Florida university that received a $237 million “gift” from a Texas hemp entrepreneur likely won’t cash in on the pledge, school officials have indicated. The donation to Florida Agricultural
Florida university now suspects $237 million gift from hemp entrepreneur is bogus Read More »
Two struggling Australian hemp companies have struck an AU $3 million (US $1.94 million) deal involving a hemp food company. Elixinol Wellness Limited has agreed to acquire the Ananda Food
Struggling Australian hemp companies strike a $1.9 million deal on food maker Read More »
New York-based 22nd Century Group said it has closed the sale of its GVB Biopharma unit, a CBD maker, taking a massive loss in the transaction. The company sold GVB
New York group unloads Las Vegas-based CBD unit at fire sale price Read More »
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 says it will sell off Las Vegas CBD unit at a massive loss Read More »
The takeover of Silicon Valley Bank (SVB) branches by First Citizens Bank could help hemp companies in a number of states where the North-Carolina-based regional bank previously had no presence.
Bank takeover could help more hemp producers, but overall reform still needed Read More »
The Scottish National Investment Bank has boosted its investment in an Edinburgh company that makes hemp fiber-based insulation for the construction industry. The bank announced it has added £2 million
Scottish bank raises investment in hemp insulation maker to £5 million Read More »
A Korean pharmaceutical maker said it will partner with a Japanese company to complete development of a CBD “film” for oral intake. CTC Bio, Gyeonggi-do province in Korea, said Japan’s
Korean, Japanese partners to make, distribute advanced oral CBD product Read More »
Colorado-based CBD maker Folium Biosciences has put its CBD extraction and purification facility up for sale before it was ever used. The property listing, by Hilco Commercial Industrial, LLC, a
Colorado CBD maker puts factory up for sale before it was ever used Read More »
