Hemp Companies News - HempToday®: Recent Episodes
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UK CBD maker B3 Labs, which had more than 500 products awaiting safety approval by the Food Standards Agency (FSA), has succumbed to overall struggles in the sector, the company […]
Struggling U.S. marijuana giant Curaleaf Holdings Inc. has signaled it believes in the axiom “if you can’t beat them, join them,” recently announcing a new line of hemp-derived THC products. […]
Six marketers of products containing delta-8 THC have received warnings from the U.S. Food and Drug Administration (FDA) and Federal Trade Commission (FTC) over snacks the agencies say appeal to […]
Two Florida producers have been cited for targeting children with intoxicating hemp products, in violation of state law. The companies were accused of “selling and manufacturing hundreds of thousands” of […]
A government-held company said it will make Argentina’s first export shipments of hemp to three countries, where it sold a total 730 kilos of high-CBD, low-THC flowers. Cannava S.E., owned […]
The fortunes of leading U.S. CBD company Charlotte’s Web continued a downward trend in the first quarter of 2024 as the company recorded $9.7 million in losses on reduced revenues […]
Struggling UK CBD company Chill Brands Group PLC has suspended trading of its shares amid a clash among board members and executives. In a June 10 announcement, the company said […]
The American former chairman of a Canadian wellness company and CBD producer has been fined $115,000 in an insider trading case. John M. Moretz, who served as chairman of Neptune […]
Total financing of CA$6.1 million (~US$4.5 million) has been announced in support of a hemp supply chain to produce uniforms in the Canadian province of Alberta. The federal government said […]
An isle of Jersey CBD operator has won a landmark legal case against the UK Home Office, which had banned the import of its products due to trace amounts of […]
The U.S. Supreme Court has agreed to hear a case with potentially significant financial repercussions for the CBD industry. The case centers around a truck driver who claims he was […]
A Harley-Davidson-owned electric motorcycle producer is using hemp-based composite in the fenders of a newly introduced model. Milwaukee, Wisconsin-based LiveWire Group, Inc. said it introduced hemp and other sustainable materials […]
The U.S. Securities and Exchange Commission (SEC) said it has settled with the former CEO of a leading CBD company who was charged with fraud. Martin Sumichrast, who stepped down […]
Medical CBD maker GW Pharmaceuticals said it will pay $7.5 million to settle a class action lawsuit that challenged the company’s 2021 takeover by Ireland-based Jazz Pharmaceuticals. The lawsuit, brought […]
CBD giant Charlotte’s Web Inc. failed to warn visitors to its website that conversations on its chat feature were being tracked, in violation of California law, a proposed class action […]
INTERVIEW: Cameron McIntosh is co-founder of Americhanvre Cast Hemp, a Pennsylvania hemp building company that is the exclusive U.S. licensee of the Baumer Ereasy Spray Applied Hempcrete system of France. […]
A group of men have been convicted in Ohio for participating in a “pump-and-dump” conspiracy involving a penny stock company that proposed to make hemp-infused drinks. The U.S. Attorney’s Office […]
A Colorado hemp company has gone to court to try to collect $1.4 million from an Oregon farming operation in a cultivation seed deal that went sour. MH Consulting LLC, […]
A Pennsylvania company will look at key performance factors for hempcrete construction after receiving a $1.9 million research and development grant from the U.S. Army. Allentown-based Americhanvre Cast Hemp said […]
Two struggling Australian hemp companies have struck an AU $3 million (US $1.94 million) deal involving a hemp food company. Elixinol Wellness Limited has agreed to acquire the Ananda Food […]
A serial fraudster from California has offered to pay $18.3 million in restitution to investors in three companies that were part of a hemp and CBD scam. Mark Roy Anderson […]
Most shareholders in U.S. CBD maker Charlotte’s Web withheld their votes for four directors during the company’s recent annual meeting, as a conflict between the founders and the current board … Board says founders’ plan would create conflicts of interest at Charlotte’s Web Read More »
A British Isles CBD producer said authorities have blocked it from exporting its products to the UK because they contain THC, illustrating lingering regulatory inconsistencies for the popular compound in … Jersey CBD maker halts operations after its products are blocked from UK Read More »
A scam CBD operator has received a three-year prison term and must repay his victims more than $2 million, under federal sentencing handed down last week. Rahsaan Jackson Garth, 49, … Scam CBD operator must pay $2 million to farmers, serve prison term Read More »
The takeover of Silicon Valley Bank (SVB) branches by First Citizens Bank could help hemp companies in a number of states where the North-Carolina-based regional bank previously had no presence. … Bank takeover could help more hemp farmers, but overall reform still needed Read More »
Cigarette giant British American Tobacco (BAT) said it will invest $10 million for a 20% stake in a new joint venture between two Colorado hemp companies. London-based BAT said it … BAT invests $10 million in U.S. venture to develop hemp drug Read More »
A drastic imbalance between revenues and expenses shows publicly traded companies are overstretched in the European CBD market and continue to rack up massive losses, a UK cannabis analyst says … Publicly traded CBD companies continue to shed millions in Europe Read More »
A Canadian hemp composite producer has received a $10 million (US $7.4 million) grant that will support development of a manufacturing facility to turn out products for the automotive, marine, … $7.4 million grant backs Canadian hemp composite maker Read More »
Idaho-based Hempitecture has opened a production facility to turn out hemp-based nonwoven material. The Sun Valley-based company said the 33,000-sq. ft. factory will make a wide range of products including … Factory for nonwovens opens Read More »
Two hemp companies are pushing back against the seizure of a legal shipment of hemp products from Paraguay to Costa Rica, reflecting growing pains as countries across Latin America implement … Lat-Am companies push back over seizure of hemp products in cross-border deal Read More »
A Korean pharmaceutical maker said it will partner with a Japanese company to complete development of a CBD “film” for oral intake. CTC Bio, Gyeonggi-do province in Korea, said Japan’s … Korean, Japanese partners to make, distribute advanced oral CBD product Read More »
INTERVIEW: Sigfried Legeay is CFO and co-founder at London-based Canxchange, the European commodities exchange for industrial hemp and cannabinoid products that provides access to the...
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Colorado-based CBD maker Folium Biosciences has put its CBD extraction and purification facility up for sale before the facility was ever used. The property listing,...
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A UK building contractor said it has completed the last of 25 homes built from hempcrete panels in one of the country’s biggest sustainable residential...
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A county judge in Oregon has dismissed the bulk of claims in a securities fraud case involving two U.S. cannabis companies, citing jurisdictional grounds. The...
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The government of Argentina has created a technology company aimed at advancing the industrial hemp and medical cannabis sectors. The company, Cannabis Conicet, will operate...
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The U.S. Securities and Exchange Commission (SEC) has targeted two privately held California pharmaceutical companies, seeking $6.6 million over an alleged inside deal involving the...
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Two new CBD hemp cultivars developed in the United States have been accepted for inclusion in the EU Common Catalogue of Plant Varieties and are...
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Creditors owed a total of €9.6 million by Austria-based CBD company Deep Nature Project GmbH will receive 20% of the money under a recently announced...
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U.S. CBD company Charlotte’s Web Holdings (CW) will pay Major League Baseball $30.5 million plus a 10% royalty on sales, and grant the professional sports...
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Two Colorado companies have been awarded $1.14 million after bringing suit over a CBD biomass deal that went bad. A U.S. federal court for the...
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German hemp company Signature Products GmbH will begin supplying the European market with Chinese-made CCELL vape devices, the company has announced. CEO Florian Pichlmaier said...
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Recent announcements from two publicly traded companies signal how CBD makers, desperate amid the worldwide crash in the sector, are scrambling to stay in business...
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Hoping to tap into the ongoing need for homes in Southern Africa, Capetown-based solutions provider The Best Grow has signed an agreement with Industrial Hemp...
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Consumers in Texas can continue to puff hemp, but the production of hemp smokables is outlawed in the state as a result of a recent...
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Creditors are scheduled to meet next Monday to discuss the fate of medical cannabis producer Tikun Australia after the struggling company went under control of...
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The Ute Native American tribe has launched a company to turn out a wide range of products based on hemp, according to an announcement this...
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Several companies have announced plans to develop CBD business in Thailand following the removal of hemp and marijuana from the country’s list of dangerous drugs...
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Steven Gluckstern, a colorful entrepreneur and the founder and executive chairman at New Mexico-based hemp company element6 Dynamics (previously Santa Fe Farms), has passed away...
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New York-based biotech company 22nd Century Group, Inc. said it has started integration with GVB Biopharma after swapping $60-65 million in stock for 100% of...
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Dun Agro Hemp Group, Inc., the American corporation of the leading Dutch hemp company, said it will set up North American headquarters and build its...
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