Santa Fe Farms of New Mexico has bought a Colorado hemp-genetics firm to establish a line of propietary genetics. High Grade Hemp Seed of Longmont, Colorado, will retain its name and location but will become a subsidiary of Santa Fe Farms, which grows hemp on about 200 acres but does not have its own line
Briefs
Mexico’s Chamber of Deputies has approved a bill to allow regulated marijuana and hemp industries. But the pending law still has hurdles to overcome and it could be years before a flourishing industry emerges. Lawmakers in Mexico’s lower house voted largely in support of the bill, with 316 votes in favor and 129 against. There
Socially disadvantaged farmers including those in the hemp industry are in line for new debt-relief funds in the $1.9 trillion American Rescue Plan of 2021. The legislation, which passed in the U.S. Senate Saturday and awaits changes and a final vote in the House, directs the U.S. Department of Agriculture to make payments to Black
An Oregon hemp producer seeking $2.5 million in damages after its warehouse was raided by authorities looking for illegal marijuana suffered a big setback in federal court. U.S. Magistrate Judge Mark Clarke ruled that the search warrant used when authorities raided Oregonized Hemp Co., a farm and farm service contracting business, was valid. The Grants
The nationwide hemp rules are taking effect March 22 as planned, with no additional delay or review because of the changed administration at the U.S. Department of Agriculture. The USDA gave notice Monday that the rules have been reviewed and are cleared to take effect as planned. The USDA was giving the hemp plan a
Hemp-derived CBD giant Charlotte’s Web Holdings is positioning itself to enter THC and marijuana markets. The Boulder, Colorado, company says it has signed a five-year, $8 million purchase agreement option with a marijuana company started by its founders, Stanley Brothers USA Holdings Inc. The deal allows Charlotte’s Web to take over the marijuana business after
Solar-powered vehicles built from hemp are being reserved from an automaker in San Diego, which expects to go into production by the end of 2021. Aptera Motors, a startup, high-efficiency vehicle manufacturer, has developed a three-wheeled vehicle that can transport two people, and uses a solar array that can be supplemented with more solar panels
An expanding tissue-culture laboratory with locations in Washington and Canada has entered into a joint venture with Australis Capital, a U.S. spinoff of Canadian marijuana producer Aurora Cannabis. 3 Rivers Biotech Inc., an agricultural technology company that specializes in commercial-scale micropropagation for marijuana, hemp and traditional crops including vegetables and fruit, will own 85% of
Canadian Rockies Hemp Corp., a decorticator and processor near Edmonton, Alberta, says its expansion plans to become the largest hemp processing facility in North America are back on track after a $14 million (CAD$18 million) infusion from Merida Capital Holdings, a private equity cannabis investment fund. The loan will be used to help the processor
Federal agriculture officials plan to collect hemp acreage and production data from thousands of U.S. farmers in the coming months. The U.S. Department of Agriculture published a notice in the Federal Register late last month, requesting permission to gather data about hemp production from the White House. Though the type of data USDA is after
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