An Idaho man is accusing his onetime partner of foiling a hemp-processing venture in Montana and making off with some $2 million. Jeremiah Skaggs says in the lawsuit that Clinton Boone was hired by Isotex Health LLC of Texas in 2019 to start a CBD processing facility in Lincoln, Montana. Isotex promised locals that the
Texas Hemp Business & Legal News
(Editor’s note: This column is part of a recurring series of commentaries from professionals connected to the hemp industry. Andrew M. Rosner and Kaelan Castetter are vice presidents of the New York State Cannabis Growers and Processors Association.) Government officials nationwide are talking about banning the sale of hemp flower in the name of public
Hemp farmers are gearing up to plant their fields only two weeks after Texas froze over during Winter Storm Uri – a freak snow and ice storm that caused more than $600 million in damages to the state’s agricultural economy. According to early data from the Texas A&M Extension Service, other industries such as citrus,
A coastal Texas smoke-shop owner facing criminal marijuana charges after a police raid Tuesday says the cannabis flower, vapes, gummies and other products taken were legal hemp, not illegal marijuana. Faded Smoke Shop owner Alexandra Degollado faces charges of manufacture or delivery of a controlled substance, the Victoria Advocate reported. One of her store employees
Dallas-based Generation Hemp Inc. has acquired a processing company in Kentucky with a 48,000-square-foot facility for $5.1 million. The acquisition of Halcyon Thruput LLC will be payable in $2.5 million of restricted common stock, $1.75 million in cash and a $870,000 promissory note, Generation Hemp said Tuesday. Generation Hemp will also take over $1 million
A looming legal challenge to Texas’ ban on smokable hemp sales has been delayed until March. Travis County District Court Judge Livingston rescheduled the smokable hemp ban hearing back to March 22, 2021. The hearing had been scheduled for Feb. 1. The delay was first reported by the Texas Cannabis Collective. It comes at the