Fallout from The Green Rush Ongoing

Fallout from The Green Rush Ongoing

The hemp industry is still wading through a collective backlog of litigation that swiftly multiplied after the collapse of CBD markets in 2019.  Bankruptcies, Force Majeure, and even suicides marked that dark period in the hemp sector’s development.  The “green rush” that swept the country after hemp legalization in 2018 was near hysteria, and ancillary markets related to CBD hemp cultivation were a breeding ground for fraud.

Tuesday, the United States Attorney for the Southern District of New York, Damian Williams, announced that Vitaly Fargensen and Igor Palatnik each pled guilty to one count each of conspiring to commit securities fraud after the duo mislead investors about their CanaFarma Corp. and…

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11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

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CWG trades lower as broader animal fats markets hold steady

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11.21.2024

October commercial cattle, hog production above 2023

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

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