A Davis, California-based agricultural biotech company has entered a binding agreement to acquire a hemp breeding and seed company based in Oregon. Arcadia Biosciences Inc. will purchase the commercial and genetic assets of Industrial Seed Innovations, including its seed varieties, germplasm library and intellectual property. According to the deal, three ISI hemp seed varieties – […]
An investment firm is providing $2 million to a Georgia-based industrial hemp company to use for working capital and buying new equipment. The firm, Advantage Capital, said the money will also allow GAXtracts to hire 30 people as the company expands. GAXtracts CEO Don Barden said the investment will “provide much-needed jobs in the rural […]
A third-party consumer research study looking at CBD’s effects on humans, meant to help gather liver safety data that the U.S. Food and Drug Administration needs to move forward with regulation, is set to begin in July. The protocol for the study, sponsored and led by ValidCare, a Colorado-based firm that conducts clinical and market […]
A third-party consumer research study looking at CBD’s effects on humans, meant to help gather liver safety data that the U.S. Food and Drug Administration needs to move forward with regulation, is set to begin in July. The protocol for the study, sponsored and led by ValidCare, a Colorado-based firm that conducts clinical and market […]
Texas hemp farmers and businesses are fighting back against the state’s proposed ban on selling smokable hemp. Texas hemp groups challenge state’s proposed smokable hemp ban is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Views: 240
Illicit hemp production and processing by three Oregon marijuana producers was cited by authorities last month in sanctioning the companies. The companies — TKO Reserves, Tap-Reloop and AJ’s Nirvana Farm — were cited for growing or processing hemp without the required license. AJ’s Nirvana Farm had its marijuana license revoked, while the two other licensed […]
Montana has become the first state to establish a checkoff program for hemp producers, giving the industry there a path to raise money for research, education and marketing efforts like the famed “Got Milk?” campaign. The launch of a checkoff program in Montana comes as the hemp industry debates whether a national or state system […]
NBA Hall of Famer Isiah Thomas has been named CEO of One World Pharma Inc., a U.S.-based company that grows hemp and marijuana in Colombia. Thomas, who played 13 seasons for the Detroit Pistons, is replacing CEO Craig Ellins, who founded the company and is retiring. The company said Thomas will also be the vice-chairman […]
Two similar federal lawsuits against PetSmart were voluntarily dismissed by plaintiffs who accused the company of selling hemp products for pets without approval from the U.S. Food and Drug Administration. Federal lawsuits against PetSmart voluntarily dismissed is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Views: 212
Kentucky hemp processor and CBD product manufacturer GenCanna Global has named veteran executive Andrew Barnett as its new CEO. GenCanna Global appoints new leadership as processor emerges from bankruptcy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Views: 240
