A Lexington-based company that produces CBD has filed a $44 million lawsuit against an Oregon company it claims sold it nearly worthless hemp seeds that ruined a giant 2019 crop.
www.wlky.com
PORTLAND, Ore. —
A Kentucky-based company that produces CBD has filed a $44 million lawsuit against an Oregon company it claims sold it nearly worthless hemp seeds that ruined a giant 2019 crop.
The Oregonian/OregonLive reports the crop was destined to help fulfill the country's booming demand for CBD, a plant extract soaring in popularity as a treatment for health problems from anxiety to insomnia.
But Elemental Processing of Lexington, Kentucky, claims those plans tanked when HP Farms of Troutdale, Oregon sold it more than 6 million seeds that were mostly "male." The female plants produce a CBD-rich flower.
@Heisenbeans
Looks like you are in the wrong business. lol Seen at greenpoint they are selling hemp seeds now, so their is still risk involved with all this.