A land-development company that includes an Arizona CBD firm battling investor fraud claims has filed for federal bankruptcy protection. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG, parent company of Integrated CBD, filed
Hemp Finance, Investing and Banking News
Dionne Toombs Researchers at the U.S. Department of Agriculture say they’re studying ways to boost hemp production and profitability for growers, and are collecting the first national statistics on domestic hemp production to be ready by next year. But Dionne Toombs, director for USDA’s Office of the Chief Scientist, gave no indication this week at
NBA Hall of Famer Isiah Thomas is investing $3 million in his company One World Pharma, which grows hemp and marijuana in Colombia. Thomas, who played 13 seasons for the NBA’s Detroit Pistons, became CEO of One World Pharma in July. The company is located in Las Vegas but has a 30-acre regional cultivation facility
A clear majority of hemp farmers and processors support establishing a federal program to promote the crop, according to a survey by two industry groups, but not everyone supports paying for it. The National Industrial Hemp Council and the Hemp Industries Association polled their members late last year on the question of having a checkoff
Mexico is moving ahead on medical marijuana regulation — and all hemp and marijuana companies that envision doing business there in the future should start preparing now, lawyers say. The Mexican government has begun setting a regulatory structure for medical cannabis in the country, making it possible for companies to start applying for research licenses
A New Mexico district court has invalidated the state’s hemp production rules that allowed regulators to revoke or suspend licenses without notice and imposed strict testing requirements. Santa Fe District Court Judge Bryan Biedscheid said the New Mexico Department of Health’s rules were invalid because the agency failed to consult with the Medical Cannabis Advisory
The U.S. Department of Agriculture kicked off 2021 with the release of federal regulations that will govern hemp production going forward. Find out the key elements of the new rules with a free webinar with leading industry professionals who will provide an overview of what hemp operators need to succeed. There is still time to
Thailand’s public health minister has approved regulations legalizing hemp production beginning Friday. The new rules allows hemp cultivation for commercial, medicinal, and research purposes, the Bangkok Post reported. Public Health Minister Anutin Charnvirakul approved the rules Thursday. The regulations will allow both exports and imports and the plant can be cultivated for extracts, beverages, cosmetics,
The first Big Tobacco company to join the hemp and marijuana industries is getting back out. Pyxus International, one of the world’s largest tobacco suppliers, said Thursday that it will focus on its more profitable tobacco and liquid nicotine products after filing for bankruptcy in June. Based in Morrisville, North Carolina, Pyxus was growing hemp
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
