Marijuana firm MariMed invests $30M in hemp-derived CBD producer

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Massachusetts-based MariMed, a multistate cannabis operator, is entering the hemp-derived CBD business with a $30 million investment in a Kentucky company. The company, GenCanna, has contract farmers to grow hemp to its specifications as well as processing facilities to turn the plant into CBD extracts, concentrates, isolates and other products. GenCanna plans to use the […]

Marijuana firm MariMed invests $30M in hemp-derived CBD producer is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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