HempToday.net Texas fiber startup gets more money from city, extension on hiring plan Officials in the Texas city of Wichita Falls have wagered an additional $200,000 on Panda Biotech, the hemp fiber processing operation expected to... Read more...
HempToday.net Will widely hyped Texas hemp fiber processor finally get its factory going? Texas-based fiber processor Panda Biotech says it will complete the setup of its factory and begin processing hemp by the end of 2023, after years... Read more...
HempToday.net Board says founders’ plan would create conflicts of interest at Charlotte’s Web 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... Read more...
HempToday.net Jersey CBD maker halts operations after its products are blocked from UK A British Isles CBD producer said authorities have blocked it from exporting its products to the UK because they contain THC, illustrating... Read more...
HempToday.net Scam CBD operator must pay $2 million to farmers, serve prison term 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... Read more...
HempToday.net Bank takeover could help more hemp farmers, but overall reform still needed The takeover of Silicon Valley Bank (SVB) branches by First Citizens Bank could help hemp companies in a number of states where the... Read more...
HempToday.net BAT invests $10 million in U.S. venture to develop hemp drug 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... Read more...
HempToday.net Publicly traded CBD companies continue to shed millions in Europe A drastic imbalance between revenues and expenses shows publicly traded companies are overstretched in the European CBD market and continue to... Read more...
HempToday.net $7.4 million grant backs Canadian hemp composite maker A Canadian hemp composite producer has received a $10 million (US $7.4 million) grant that will support development of a manufacturing facility to... Read more...
HempToday.net Factory for nonwovens opens Idaho-based Hempitecture has opened a production facility to turn out hemp-based nonwoven material. The Sun Valley-based company said the... Read more...