(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Dr. Priyanka Sharma had a thriving global business in chemical pharmaceuticals, traveling the world setting up factories extracting fish oil for nutritional supplements. But Sharma and her husband, Pulak, left their home outside Chicago and moved to Colorado […]
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Continuing its global acquisition spree, Aurora Cannabis acquired two Lithuanian hemp companies for 6.3 million euros ($7.3 million) in cash and stocks. Edmonton, Alberta-based Aurora acquired hemp grower and processor Agropro UAB, which has some 4,000 acres growing hemp, and Agropro’s sister company, Borela UAB, which processes and distributes organic hulled hemp seeds, hemp seed protein, […]
(This is an abridged version of a story that appears at MJBizDaily.com.) As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor marijuana growers are turning their sights to MJ’s cousin: hemp. The pivot allows growers to diversify their revenue stream and capitalize on a crop that could soon become […]
Utah approved new hemp rules to allow production to begin with the next growing season – and while the regulations allow for cannabinoid extraction, adding CBD to foods is a strict no-go. The state plans to charge hemp farmers $500 for a one-year license. Hemp can be grown for CBD extraction, and both indoor and outdoor […]
