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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09.18.2024

Waste plastic can improve SAF without increasing pollution, study says

Waste plastic can improve SAF without increasing pollution, study says

Waste plastic can be used to improve sustainable aviation fuel (SAF), according to research announced on Monday September 16 by the Prairie Research Institute at the University of Illinois...

09.18.2024

US animal fats, oils prices mixed as DCO production hits 2-month low

US animal fats, oils prices mixed as DCO production hits 2-month low

US animal fats and oils markets saw mixed price movements on Wednesday September 18, with Gulf Coast markets firming as distillers’ corn oil (DCO) production levels dropped to a...

09.18.2024

US animal proteins prices steady; potential port strike could affect stocks, prices, sources say

US animal proteins prices steady; potential port strike could affect stocks, prices, sources say

US animal proteins markets were steady on Wednesday September 18.

Bloodmeal prices were reported to be flat day on day, though market sources continue to indicate underlying pressure, saying that...

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