HempToday.net European cops arrest suspects in raids targeting 4-year, $600 million cannabis scam Police raided several locations around Europe late last week, arresting nine suspects in a four-year cannabis Ponzi scheme that reportedly netted... Read more...
HempToday.net CBD fraudster, SEC reach agreement over deals that falsely boosted company’s value 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.... Read more...
HempToday.net Will investors make a $1 billion bet on this hemp carbon battery company? As the hemp industry searches for that Next Big Thing, an ambitious startup in Wisconsin said it expects to raise a billion dollars within three... Read more...
HempToday.net First defendant in $14 million CBD scam gets 6½ years in prison, fined $1.7 million The founders of a Canadian hemp company who misappropriated funds and then threatened witnesses who testified against them have pled guilty in a... Read more...
HempToday.net New York biotech company takes massive loss in selloff of CBD unit New York-based 22nd Century Group said it intends to sell off its GVB Biopharma unit, a CBD maker, with the price tag estimated at $2.25 million –... Read more...
HempToday.net U.S. commodities platform that traded industrial hemp shuts down as investor pulls back U.S. analyst and commodities platform PanXchange, which operated in hemp and other sectors, has discontinued operations, according to the... Read more...
HempToday.net Chinese hemp food maker invests $10 million in North Carolina factory soon to open A Chinese hemp food producer said it expects to have a new factory online in North Carolina by the end of the year. Q-Power, Inc. said it has put... Read more...
HempToday.net With Charlotte’s Web ‘at risk,’ founders call for shakeup at the top Founders of leading U.S. CBD maker Charlotte’s Web have called for changes at the top by seeking resignations from four of six current directors,... Read more...
HempToday.net The first (real) business opportunity for hemp: Grow it, then burn it As sustainability continues to go mainstream, industries are shifting priorities to focus on climate challenges and social impact in their... 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...