Farmers and agribusinesses can now apply for new coronavirus economic stimulus emergency loans and a though the Small Business Administration, which reopened its portal with new funds Monday after being closed since April 15. The agency said Monday that only agricultural business applications will accepted for Economic Injury Disaster... Read more

Lower-than-promised germination rates in a batch of hempseed from Colorado has spurred the California farm that bought the seed to file a $17 million lawsuit. GX Farms of Delano, California, said in the suit it bought 520,000 Cherry Blossom hempseeds in May 2019 at 70 cents each, or $364,000, from... Read more

An Oregon hemp business is suing two counties on allegations that police seized legal hemp from its warehouse and then destroyed it. Oregonized Hemp Co. LLC, a hemp farm and farm service contracting business based in Grants Pass, and owner Justin Pitts filed a $2.5 million lawsuit against Josephine... Read more

A new hemp company, Collective Growth Corp., virtually rang the bell on the Nasdaq Friday, beginning public trading already fully funded by investors. Headquartered in Austin, Texas, Collective Growth is a blank-check company that intends to focus on the “federally permissive cannabinoid industry,” said Joseph Brantuk, the chief client... Read more

As the coronavirus pandemic continues to disrupt businesses worldwide, Hemp Industry Daily wants to know how stay-at-home orders have impacted farms and businesses in the hemp and CBD space. According to an informal poll by the editorial staff of Hemp Industry Daily, approximately 54% of the hemp and CBD... Read more