<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Pyxus International Archives - Hemp &amp; CBD</title>
	<atom:link href="https://cbddroppers.com/category/pyxus-international/feed/" rel="self" type="application/rss+xml" />
	<link>https://cbddroppers.com/category/pyxus-international/</link>
	<description>Your Source for Hemp, Cannabidiol and Cannabis</description>
	<lastBuildDate>Fri, 22 Jan 2021 03:15:41 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=7.0.4</generator>
	<item>
		<title>First Big Tobacco cannabis player backs out after bankruptcy</title>
		<link>https://cbddroppers.com/2021/01/22/first-big-tobacco-cannabis-player-backs-out-after-bankruptcy/</link>
					<comments>https://cbddroppers.com/2021/01/22/first-big-tobacco-cannabis-player-backs-out-after-bankruptcy/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 22 Jan 2021 03:15:41 +0000</pubDate>
				<category><![CDATA[Briefs]]></category>
		<category><![CDATA[Canada Hemp News]]></category>
		<category><![CDATA[Figr Brands]]></category>
		<category><![CDATA[hemp bankruptcy]]></category>
		<category><![CDATA[Hemp Finance, Investing and Banking News]]></category>
		<category><![CDATA[Hemp Stocks & Public Companies]]></category>
		<category><![CDATA[International News]]></category>
		<category><![CDATA[North Carolina Hemp Business & Legal News]]></category>
		<category><![CDATA[Pyxus International]]></category>
		<category><![CDATA[tobacco and cannabis]]></category>
		<guid isPermaLink="false">https://cbddroppers.com/2021/01/22/first-big-tobacco-cannabis-player-backs-out-after-bankruptcy/</guid>

					<description><![CDATA[<p>The first Big Tobacco company to join the hemp and marijuana industries is getting back out. Pyxus International, one of the world’s largest tobacco suppliers, said Thursday that it will focus on its more profitable tobacco and liquid nicotine products after filing for bankruptcy in June. Based in Morrisville, North Carolina, Pyxus was growing hemp</p>
<p>The post <a href="https://cbddroppers.com/2021/01/22/first-big-tobacco-cannabis-player-backs-out-after-bankruptcy/">First Big Tobacco cannabis player backs out after bankruptcy</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div></div>
<div class="bialty-container">
<p>The first Big Tobacco company to join the hemp and marijuana industries is <a href="https://www.prnewswire.com/news-releases/pyxus-international-to-focus-on-tobacco-and-e-liquid-divisions-301212870.html" target="_blank" rel="noopener">getting back out</a>.</p>
<p>Pyxus International, one of the world’s largest tobacco suppliers, said Thursday that it will focus on its more profitable tobacco and liquid nicotine products after <a href="https://hempindustrydaily.com/1st-tobacco-company-to-enter-hemp-market-files-for-bankruptcy/" target="_blank" rel="noopener">filing for bankruptcy</a> in June.</p>
<div class="alignleft"><!-- /22025623895/hempindustrydaily/hempindustrydaily_in-article_med_rec --></p>
<div id="div-gpt-ad-1597987998959-4">
</div>
</div>
<p>Based in Morrisville, North Carolina, Pyxus was growing hemp in the U.S. and marijuana in Canada. But the company was hard hit by declining tobacco consumption and <a href="https://mjbizdaily.com/category/coronavirus/" target="_blank" rel="noopener noreferrer">coronavirus-sparked</a> supply disruptions.</p>
<p>Pyxus’ Canadian subsidiaries, Figr Brands, were not part of the initial bankruptcy filing but have since filed for bankruptcy protection in that country. Pyxus is looking for a buyer for its Figr companies.</p>
<p>“We maintain our belief that there is value in FIGR, and its growth can be accelerated with the right capital structure and partner,” Pyxus CEO <span class="xn-person">Pieter Sikkel said in a statement.</span></p>
<p>Pyxus, formerly Alliance One International, was part of the <a href="https://mjbizdaily.com/marijuana-big-alcohol-tobacco/" target="_blank" rel="noopener noreferrer">influx of Big Tobacco</a> and Alcohol into the cannabis industry.</p>
<p>Pyxus trades on over-the-counter markets as <a href="https://www.otcmarkets.com/stock/PYYX/overview" target="_blank" rel="noopener">PYXX</a>.</p>
</div>
<p>The post <a href="https://cbddroppers.com/2021/01/22/first-big-tobacco-cannabis-player-backs-out-after-bankruptcy/">First Big Tobacco cannabis player backs out after bankruptcy</a> appeared first on <a href="https://cbddroppers.com">Hemp &amp; CBD</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://cbddroppers.com/2021/01/22/first-big-tobacco-cannabis-player-backs-out-after-bankruptcy/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>
