Vertical Wellness, GenCanna expand partnership with new biomass tolling and drying agreement

Two large-scale Kentucky hemp companies have expanded their strategic alliance by adding a toll processing and drying technology swap to the deal. GenCanna Acquisition Corp., formerly GenCanna Global, a seed-to-sale hemp and CBD company based in Winchester, Kentucky, and Vertical Wellness, a Cadiz, Kentucky-based vertically integrated hemp and cannabinoid health and wellness brand firm, said […]

Hemp Industries Association dismantles state-chapter system

The Hemp Industries Association is closing its 13 affiliates nationwide and forming a group to recommend a new structure for the nonprofit advocacy organization. The HIA board’s decision announced Thursday comes during a time of great tumult for the organization, with departures from high-profile leaders over the last year and some member chapters saying the […]

Massachusetts investment firm sues Florida hemp company over $350K loss

A Massachusetts investment fund is suing a Florida hemp company, saying investors were scammed of $350,000. Auctus Fund is accusing Hemp Naturals Inc. of: breach of contract. unjust enrichment. fraud and deceit. negligent representation. The Auctus lawsuit filed Monday in Massachusetts federal court says Hemp Naturals has failed to issue shares of its common stock […]

Illinois, Wisconsin universities team up to test different hemp varieties with farmers’ help

The University of Illinois and the University of Wisconsin are recruiting Midwestern farmers to plant and test different varieties of hemp this year in exchange for discounted cannabinoid sampling. Project participants must agree to at least two sampling dates per plant variety for collection into the Midwestern Hemp Database. The University of Illinois Extension says […]

Canadian CBD maker appoints former Clorox executive as product development lead

Neptune Wellness Solutions, a Laval, Quebec-based CBD extractor and manufacturer, has named former Clorox product development lead Eric Gharakhanian as the director of product development for its Health & Wellness Innovations division. Gharakhanian will lead the development of Neptune’s portfolio of health and wellness products across the personal care and homecare sectors, focusing on sustainable […]

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