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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02.04.2025

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty

The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.

Six railcars...

02.04.2025

Light trade volume leaves most US animal protein prices flat

Light trade volume leaves most US animal protein prices flat

Light trade volume was reported in the US animal proteins markets for Tuesday February 4.

Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...

02.04.2025

December US soybean crush, corn consumption up month on month

December US soybean crush, corn consumption up month on month

US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...

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