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…
09.17.2024
US glycerin prices rangebound amid market uncertainty
The US glycerin market remained rangebound in the week to Tuesday September 17, with prices for 80% crude and kosher crude glycerin steady to slightly higher. Biodiesel producers are...
09.17.2024
US animal fats and oils mostly stable; CWG edges higher on strong demand
The US animal fats and oils markets were stable to slightly higher on Tuesday September 17, with minimal trading as some sources cited “well-covered” positions for the month.
09.17.2024
US porcine, ruminant bloodmeal prices fall; USDA slightly raises forecast for GCAU count in 2024/25 [corrected]
Prices were rangebound for most items on the US animal proteins market on Tuesday September 17. The exceptions were bloodmeal in the Missouri River, Texas Panhandle and Indiana markets,...