A marijuana company that has been unwinding some investments in hemp in Canada and Europe changed course Thursday and bought a U.S. company that makes hemp-derived CBD. Canadian producer Aurora Cannabis bought Massachusetts hemp firm Reliva in a $40 million stock deal, checking off a long-stated ambition of the... Read more
Oregon’s HempNova Lifetech Corp., which grows and dries hemp, has bought another hemp operation in southern Oregon. HempNova’s $2.03 million acquisition of Seven Oaks Hemp Center in Central Point includes: 45 acres of land a drying facility an 8,000-square-foot greenhouse a 6,000-square-foot warehouse. Based in Eugene, HempNova announced the purchase... Read more
A Florida company that cultivates and processes hemp biomass has named a new chief marketing officer. Fort Lauderdale-based Green Point Research said Robin P. Pate will be responsible for developing new distribution channels, as well as brand development and partnerships to support the companies’ products. Pate was formerly with... Read more
by Bryan Passman, Co-Founder and CEO of Hunter + Esquire More than any other role in an organization, the role of the Chief Human Capital/Human Resources (CHC/HR) Officer has changed. It continues to do so as organizations grow and shift. Nothing could be more accurate in this current pandemic... Read more
NCIA’s #IndustryEssentials educational webinar series is our new digital platform featuring a variety of programs to provide you timely, engaging, and essential education when & where you need it most! The Policy Council Conversations series features insights & invaluable content directly from members of NCIA’s Policy Council, the preeminent... Read more
NCIA’s #IndustryEssentials webinars are our new weekly educational series featuring a variety of programs allowing us to provide you timely, engaging and essential education when you need it most. The NCIA Committee Insights series showcases content produced in partnership with one of our 15 member-led committees. According to a... Read more
By Sahar Ayinehsazian and Kelsey Middleton, Vicente Sederberg LLCNCIA’s Banking & Financial Services Committee As the COVID-19 pandemic continues to alter the day-to-day lives of humans across the globe in an unprecedented fashion, industries have made considerable adjustments to maintain their operations while protecting the health and safety of... Read more
A Canadian oil-and-gas company expanding into hemp extraction has acquired a Canadian hemp company in an all-stock deal worth CA$20 million ($14.4 million). As part of the deal, HTC Extraction Systems, based in Regina, Saskatchewan, will acquire various assets including land and licenses from KF Hemp. Those assets include... Read more
Last week, the hemp industry gained valuable insight into how the highest court in the European Union might rule on France’s ban on hemp-derived CBD products. The advocate general at the Court of Justice of the European Union issued an opinion that the restriction was not in line with... Read more
