Qairos Energies, a startup with aspirations of using agricultural biomass to produce methane and hydrogen in northwestern France, has raised nearly €18.8 million ($23 million) to build and launch a facility that will use local hemp to make fuel for buses, trains and France’s chief natural gas distributor. The eight-figure support for the project, reported
Briefs
A federal judge in New York has dismissed an investor’s lawsuit accusing a hemp biotech company of lying to promote its stock price. Based in Williamsville, 22nd Century Group researches the genetics of tobacco and cannabis plants and was accused of trying to manipulate its stock price through misrepresenting its business. Plaintiffs were seeking class-action status.
This story first appreared at Marijuana Business Daily. As cannabis vaping pens grew in popularity in late 2019, concerns grew about the safety of the products, spurred by reports of <a href=”https://mjbizdaily.com/vaping-crisis/”>illness, and even deaths</a>, of tobacco vape users. Vape manufacturers rushed to assure regulators and consumers their products were safe, despite having no clear
Indiana regulators are warning hemp farmers to watch out for predatory hemp seed vendors that are currently active within the state. Along with a growing number of hemp growers are more reports of faulty seed and untrustworthy vendors, said Donald Robison, seed administrator at the Office of Indiana State Chemist. Robison said some farmers are
Circle K Stores Inc. wants to block a California hemp and marijuana holding company from using a design mark with “K” inside a circle. In a filing first reported by Law 360, the convenience-store chain is asking the U.S. Trademark Trial and Appeal Board to oppose a registration application from Medical Marijuana Inc. of Poway,
The chairman of the National Industrial Hemp Council, Patrick Atagi, will serve on the U.S.’s Agricultural Technical Advisory Committee for Trade in Tobacco, Cotton and Peanuts. Members of the committee provide guidance and recommendations on trade policies to the U.S. Department of Agriculture and the Office of the U.S. Trade Representative. “It’s an honor to
After wildfires ravaged the West Coast in 2020, scorching millions of acres of land and damaging businesses and crops, including countless farms and businesses in the cannabis industry, the U.S. Departments of Agriculture and Interior will lead a new Interagency Wildland Fire Subcabinet, focused on wildfire management. According to the USDA, the Executive Order on
Clint Eastwood has filed a third lawsuit alleging CBD companies are falsely claiming he’s endorsing their products. The legal action is the second the legendary actor has filed against Los Angeles-based Norok Innovation Inc. and its CEO Eric Popowicz but includes a different set of defendants, according to Law 360, which first reported the case.
With just a few days left before changing oversight, the U.S. Department of Agriculture has approved the hemp-regulation plans of Rhode Island and the Soboba Band of Luiseno Indians in southern California. Rhode Island will charge interested hemp producers: $250 application fees. $2,250 license fees, with a license valid for two years. Rhode Island doesn’t limit
Dallas-based Generation Hemp Inc. has acquired a processing company in Kentucky with a 48,000-square-foot facility for $5.1 million. The acquisition of Halcyon Thruput LLC will be payable in $2.5 million of restricted common stock, $1.75 million in cash and a $870,000 promissory note, Generation Hemp said Tuesday. Generation Hemp will also take over $1 million
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